Economy is driven by Innovation. Large companies spend billions
of Dollars on Corporate R&D. However the efforts the Corporations
take to develop or patent a product be it a mechanical device
or an electronic gadget or now a days even a business process
driven by software or a chemical formulation –in all
one thing is common the heavy expenditure.
all the effort only a fraction of the R&D spending results
in actually commercialized products seeing the light of the
more corporations are on the look out for newer and newer
products, technologies and processes most of the time belonging
to their known businesses fitting within existing portfolios
but sometimes revolutionarily different ones also.
other hand when we compare resources we do know that the world
population has reached 6 billion people each with his own
different thinking in short his own mind!
as a user of day to day gadgets is also has certain valuable
suggestions, a fresh graduate is full up-to brim with experimental
ideas based on what he has learnt as basic science, a retire
professor has difficulty getting good sleep as he finds himself
too isolated to share his ideas based on his vast experience
with anyone, a senior scientist is pacing up and down like
a caged tiger because no one in his huge establishment has
the time to listen to his great out of the way concept, there
are innumerous minds struggling to fine out a forum to share
their ideas to concepts. It is this gap that KNOWHOWLEDGE.COM
addresses in the most unique way.
of the ideas never give birth to products just imagine the
loss to the world! It is the innovators who made this world
better for us to live. A brilliant idea not commercialized
is like a stillborn child it is no better than an idea that
was never made.
licensing market is estimated at US$ 120 Billion. It is growing
rapidly too and is expected to go through a quantum growth
phase. On the other hand there are hundreds and hundreds of
thousands small and medium companies (SMEs) particularly in
the developing world looking for suitable technologies. Finding
a potential buyer for a technology and finding a suitable
seller for technology are today like hit and miss process.
Like two persons trying to fine each other in total darkness
in a vast area where shouting does not get heard or gets drowned
in the already existing din. This process currently relies
on interpersonal networking. So much so that there is 12:1
chance that success will be struck. Companies rarely look
beyond their industry to locate a suitable buyer where as
the technology possessed by one company may be aptly useful
for a company operating in an entirely different industry.
is a lot of noise being made currently in all corners of the
world on Intellectual Property Rights (IPRs) there are volumes
of books getting written on the topic and number of seminars
and conferences taking place all over on this very important
subject as it is expected to materially affect our day today
living. But in reality hardly 3% yes just three percent of
the patents get commercially exploited viably. What a Loss!
That is the reason there are several human rights organizations
against patenting. In many cases the act of patenting prevents
the society from getting the benefit for a lifetime how sad!
This brings out the fact that it is one thing to take out
a patent and yet another to put the product in the market
and a make a commercial success out of it.
are research laboratories, hundreds of them heavily funded
by the respective governments with the expectations of contributions
from them from time to time to the industry. How often and
how well does that happen particularly in developing countries?
The research laboratories tend to work in their own Ivory
Towers completed shielded from and totally oblivious to the
needs of the industry. They invariably working on an agenda
devised by them-selves based on perceived industry needs rather
than a direct inter-action between the user and the developer.
Why does that continue to happen simply because there is no
common forum. On the other hand the industry is not aware
of what the research lab has developed for the same reasons.
It is this very exact missing link that KNOWHOWLEDGE.COM
is all about.
market place everything is available yet nothing is available.
There are companies hunting for a product for months and not
able to locate it whereas some little garage company may be
making it in their backyard. KNOWHOWLEDGE.COM
addresses this gap professionally by bringing all together
pro-actively not by just virtual window displays.
brings together all with common intent on one single solid
platform where you can howl and yet not go over the ledge.