Invention Intellectual Property & Income
Week 18: Assignment
The assignment for this week is to develop a plan for dissemination of my final project.
I will document the following:
- The creation of a license for my final project.
- A plan for the dissemination of my final project.
Licensing of my Final Project
After listening to the lecture of Neil, I gave a thought that, how I wanted my creative endeavors to be disseminated after my project was finished. I decided to go through, the Creative Commons licenses to determine the best course of action in the use of my ideas. I visited the Licenses page on the Creative Commons website and read through each license and the Attributions each license held along with the Commercial and Derivatives use. I thought about my final project and built upon what others have done and want someone else to improve upon what I am doing and not profit off of it but share and be able to replicate it if they would like to.
I also looked very closely at commercial license options. This would provide me a monetary compensation from my intellectual invention. I read through the MIT Office of Sponsored Programs Intellectual Property page and the Tufts Tech Transfer licensing process page. I liked the process of how they spelled out the procedure for licensing your work and the patents you would acquire. It read through the various financial and other benefits received from a commercial license. I like the open source process of someone else building upon my work and improving it for the benefit of themselves or others without financially profitting off, of my work. I could opt for the Commercial, Non-Exclusive, Royalty Free, Non-Sublicensable License and no royalties would be required. This does not seem as straightforward as the Creative Commons licensing agreement.
I wanted to compare the most restrictive and least restrictive licensing from Creative Commons. The least restrictive license would be the CC0. This allows for owners of copyright content to waive those and place them into the public domain. You can apply the CC0 to your own work but you cannot change your mind later. This would grant the public unconditional royalty free use of your work.
The most restrictive Creative Commons license would be the Attribution-NonCommercial-NoDerivs 3.0 Unported. (CC BY-NC-ND 3.0) As opposed to the CC0, you must provide appropriate credit, provide a link to the license and indicate if changes were made. You cannot use it for a commerical purpose. If you remix, transform, or build upon the idea you cant distribute it.
I decided to choose the Creative Commons Attribution-NonCommercial 4.0 International license. It falls between the two licenses described above. This allows others to build upon my work non-commercially, and must acknowledge my contributions and cannot deviate on the same terms. I really want others to improve and make my project better. There are several versions of my project commercially available so I am not that concerned about someone taking my project and making a profit, but this will give some protection.
The summary of the license I chose from Creative Commons.
My Creative Commons Licensing
Generated Code
Automatic Food Dispensing machine for fishes in aquarium by AMIT SHARMA is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Income
Motivation
My project in it's current form, can be used directly in any aquarium to dispence the required amount of time at desired time. Live feed of the aquarium can also be one more feature, that can be added to the machine to increase it's value. Will keep working on adding the value of the machine and try to launch it as a competetive product altogether.
Sources.
Income can be generated from selling these online. A range of products have to be coupled along with this in order to elaborate its use.
I can also approach a mass manufacturer to develop my product, market it and sell it. They can promote this product as an alternate cost effective option available in market. Also, some more feature can be added to it, to make it maltitasking and lure customers. It would be ideal if a company could take this to the next level, in which case I would derive some royalty from it.
Funding
This project doesn’t require much funding. I need to invest some time to make it finished and the production will take place based on demand and in a fablab that is extremely cheap to use.
