Evaluation of your invention
When you submit an invention, a DOFI, Inven2 puts together a dedicated team to evaluate the invention’s commercial potential. The team will typically include a project manager, business developer, patenting expert and lawyer, if necessary.
Shortly after you have submitted the DOFI, the project manager will schedule a meeting with you to discuss your invention. Information from this meeting and other information that Inven2 collects, form the basis for the decision on whether we want to proceed with the invention and establish a commercialisation project.
Important elements in this assessment include:
- The possibility of defining a distinct product based on the invention
- Market needs and commercial potential
- The product’s advantages compared to competing products
- The possibility of patenting or other protective mechanisms
- The likelihood of successful commercialisation, i.e. the level of development risk.
The development risk depends both on how well documented the invention is at present and whether further verification remains before it can be commercialised.
You and your employer will receive written notification of our decision within four months after the invention was submitted.
If we wish to establish a commercialisation project, you must sign an agreement that formally transfers the ownership to the employer. This agreement is necessary for Inven2 to allocate resources to the further development of the invention.