From 1790 to 1880, anyone applying to the U.S. Patent Office was required to submit a working model of the invention. Patent models were to be no more than 12 inches square, with paperwork and diagrams explaining the item's purpose, construction and operation. Click to access over 700 models in the Rothschild Petersen collection.
One of the TePP innovator is Sri NV Satyanarayana, a creative genius. While travelling in a bus he conceived the idea- why not use the wind power to charge battery, to charge mobiles etc. His musing of a person sitting in a bus and generating power using a hand held portable windmill cutting into the wind resulted in an amazing product and set him on the road to creativity. This serial innovator since then spawned several innovative products like Stolen mobile finder, Human traccking with mobiles.
In the recently concluded TePP workshop on'Taking Innovations to market' , held on 1st & 2nd Sept 2006 at INSA, Delhi, over 30 TePP innovators presented their past achievements and future plans. One question in the mind of many is -Why TePP phase-II?
George R. white and Margaret.B.W.Graham in their paper ` How to spot a technological winner' published in Harvard Business review (Reprint 78212) listed 2 essential conditions. They are 'Technology Potency' and 'Business advantage'. Technology potency has 2 components ,'Inventive merit' & 'Embodiment merit'. Similarly Business advantage accrues from 'Operational merit' & 'Market merit'.
TePP Phase-1 aims at 'innovation incubation', developing Inventive merit & Embodiment merit. Whereas in Phase-II, the emphasis shifts to 'enterprise incubation' where the efforts would be on generating 'Operational merit & Market merit'.