View
6
Download
1
Embed Size (px)
DESCRIPTION
Kuala Lumpur Innovation Forum 2010 : Bugs Tan
Citation preview
Enriching experience on Creativity & Innovation
Bugs Tan
An Award Winning Inventor
Kuala Lumpur Innovation Forum4th Nov 2010
Name : Bugs Tan Age : 49 years old Nationality : Malaysian M status : Happily Married Children : 2 Young Inventors Profession : Commercial Inventor Nos of Inventions : Filed 15 inventions to his name Other talents : Author, Adjunct Lecturer, Dhamma
speaker… Sports : Former National Cricket Player
a love bug..…
Family of Inventors
Bugs Tan receiving the Award from the Prime Minister
Bugs Tan Receiving the Award in Mumbai INDIA
• National Inventor Award Multi-locking Pulley Min of Science M’sia 2000
• Short listed National Inventor Award Min of Science M’sia 2001
• Silver Medal Multi-locking Pulley Switzerland 2001• Silver Medal Extruded Alum Coupling ITEX Malaysia 2002 • Bronze Medal Light Weight Grating ITEX Malaysia 2002• Bronze Medal Multi-locking Pulley Science &Tech M’sia
2003 • Nominated SMI Award Innovator / Entrepreneur SMI Malaysia 2004• National Innovator Award Litewalk Grating System Min of Science M’sia
2007• Int Excellent Innovation Bugs Tan Indira Institutes INDIA
2009• Industrial Design Award Litewalk Grating System MyIPO Malaysia 2009
Winner of 10 National Awards
Pulley Coupling Chiller Can Singing Donation Box Drugs Mixer
Out Door Air-cooler Katapila Track Machine Fan Filta Combo Spoon
Grating system Vibrating Earring Premium Books Invention Workbook Stories For Kids
A new light weight galvanized steel grating system used on oil platform, refinery, power plant and factories
LIGHTER
CHEAPER
TM
Industrial ApplicationPrinting, Packaging, Food processing, Textiles, Garments, Plastic injection, Die-casting, Spray coating, Machining, Fabrication, Rubber processing, Greenhouse, Farming, Flower, etc.
Public Area ApplicationPetrol Station, Bus Station, Community Hall, Canteen, Flea-Market, Outdoor Function, Sport Complex, School Hall, Basement Car Park, Public Toilet, etc.
All Copy Rights Reserved © Airbond 2009
Out Door Air-cooler
Young InventorTV Cartoon Breakers
10 episodes of one minute each.
In each episode Amelia stumbled across a problem she encountered at home or in school.
She give it a thought and find ways to solve it.
Once she has conceptualized an idea she says "I've got an idea".
She then creates a new gadget to solve that particular problem.
ROBOT BOLEH TV Animation Series
Amanda’s wish come true when her father created a robot for her birthday. You should call him “Robot Boleh” said her dad.
Amanda has this strong sense that the robot is extraordinary. So she decides to call her new android friend, “Robot Boleh Extra” – RBX.
However, Amanda prays very hard for RBX to have a mind of his own. Suddenly a fairy appears in her dream and grants her wish.
Soon, RBX becomes very popular in Amanda's school. The story goes on and is filled with lot's of adventures
Invention Workshop Invention Workbooks ePersonalized Stories
A hydrogen generator that fits into your car. This gadget uses normal tap water
It uses the electric current in your car to break water molecule
Thus converting water into hydrogen
Hydrogen is supplied into your engine.
Hence saving fuel consumption by approx. 15%
How to be Creative…?
Let’s examine….
Turning Ideas Into Innovations
Mind is the forerunner
of all Inventions
- Bugs Tan
Due to its invisibility to our naked eyes, most people are ignorant of its present.
Turning Ideas Into Innovations
Step 1 Start by conceptualizing an Idea
This world is not a perfect place.
There is so many things you can create to make life better.
Being observant is the starting point
Look at things around you at home, work or play.
.
Look through your eyes, conceptualize with your mind
Turning Ideas Into Innovations
Step 2 Check Your Idea
1. Is your idea new?2. What does your friends think abt your new idea?3. Do you think you can make a working model?4. Do you have the money for this project?5. Do you have the time to work on this project?6. Are you able to get help for this project? 7. Do you know who are your customers?8. Are you sure they will buy your product?9. Do you know the cost to mfg this product?10. Are you sure you can make a good margin?
Turning Ideas Into Innovations
Step 3 Raise fund for your Project
Raise fund by applying for a grant from the government, or
Use your own fund
Turning Ideas Into Innovations
Step 4 Make a Prototype / Working Model
• . • Create a working model to see if it
works.
• You will need to do most of the work by yourself
Turning Ideas Into Innovations
Step 5 Filing a Patent
Filing a patent gives you the rights over your idea for 20 years.
However, it will be a waste of
effort and money if your product cannot sell.
The first person to file a patent is the rightful owner to that idea.
You can file a patent by just having an idea
Turning Ideas Into Innovations
Step 6 Do a Valuation for Your Invention
It puts a price to your new invention
It’s a tool to bring potential investor to the discussion table
It allows your potential investor to understand your invention
All new technology has a price to it
Turning Ideas Into Innovations
Step 7 Commercialization
Route toCommercialization
2. Licensing Earn Royalty through Licensing
1. Sell off your Invention Sell your IP out-right
4. Seek investors Family members Friends Angels / VCs
3. Seek Synergy Partners JV with Entrepreneur
5. Commercialize by yourself Self funding
Turning Ideas Into Innovations