Invention Evaluation
A large number of elements go into evaluating an invention. UF does not define one best way of evaluating an invention, but usually the methodology incorporates the following elements (compiled by the University of Hawaii):
- Intellectual property protection
- Industry R&D activity
- Inventor reputation
- Inventor R&D activity
- Promised benefits and novelty
- Market size
- Competing products
- Development status and time to market
- Validation and performance
- Environmental/regulatory factors
