Invention, Intellectual Property, and Income.

Invention, Innovation

The most valuable intellectual property in my project would be the linear slide plans, It doesnt require any precision tools such as bearing, linear bearing etc to operate. The precision might be taking a hit but, some processes do not require that high level of precision at all and it could be improved by further innovation. It is inspired my machines that make machines concept.

Intellectual Property.

License
https://creativecommons.org/choose/
license
Generate code
license gen

The following code was generated

<a rel="license" href="http://creativecommons.org/licenses/by-sa/4.0/"><img alt="Creative Commons License" style="border-width:0" src="https://i.creativecommons.org/l/by-sa/4.0/88x31.png" /></a><br /><span xmlns:dct="http://purl.org/dc/terms/" property="dct:title">Infinity CNC</span> by <a xmlns:cc="http://creativecommons.org/ns#" href="http://archive.fabacademy.org/archives/2016/fablabtrivandrum/students/369/finalProject/final_project.html" property="cc:attributionName" rel="cc:attributionURL">Puneeth Raj J</a> is licensed under a <a rel="license" href="http://creativecommons.org/licenses/by-sa/4.0/">Creative Commons Attribution-ShareAlike 4.0 International License</a>. 

it looks like this
Creative Commons License
Infinity CNC by Puneeth Raj J is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

I’m going allow the above license since it will allow others to modify my work and developing on it while giving me due credits. And to use my work for commercial purpose. I want this concept to grow and gain momentum and I really dont know if this solves the problems well or not. Its something I’m not entirely sure about and want to explore more.
Share alike is important since I’ll can integrate developments made by other on this basic idea.
It can be used for commercial purpose since that the whole point of it. Whoever produces it and makes money will be doing it on his/her own means and methods.

Alternatively I could choose to go with more restrictive ways such as patent etc in my case the patent most likely wont hold because this is a well known concept and my idea isnt that ground breaking. It would put financial stress on me and I wouldn’t be able to fight a legal battle in case of infringement. My project is easily copyable and easily modifiable too.

Income.

Motivation.
In its current form my project has value probably as a teaching tool or a quick prototyping technique or as a part of robotics kits. If a whole range of tools can be created which need only laser cutter to manufacture and it becomes popular, it can pave the way for some other quick and interesting prototyping tools and techniques to be developed.

Sources.
Income can be generated from selling these online. A suitable name has to be identified, that will enable people to easily identify and relate with it. A range of products have to be coupled along with this in order to elaborate its use. The idea I would convey is that this a lego like product and it can be assembled and reassembled for different purposes.

I can also approach a manufacturer who is already making or selling robotic kits to discuss this product. They can also promote this product as a new way to make robotics, instead of traditional injection molded static components. 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.

Lifecycle
This project can fail if it doesn’t gain enough traction, and if better variants can come and out do it. But the idea of cheap prototyping and quick prototyping itself has to grow for this to succeed.
If this succeeds and there is a need to mass manufacture it, I would focus on creating good brand and would try to pool in more makerspaces and fablabs to produce individual components in parallel and in batch to deliver for demand.