Design and Development Plans – Difficulties and Risks

  •  Do you anticipate any problems in the design and development of your product?  How will you overcome these?
  •  Have you looked into patents, licenses, trademarks, or copyrights for your product?
  •  What are the advantages and disadvantages of these various forms of protection for your product?
  •  Will your patent or copyright stop others from copying your product?
  •  Do any other companies have technology that is equal to or better than yours?
  •  Do you have any other ways of protecting your technology, such as secrecy or speed in marketing it?
  •  Is your product regulated or does it have to be approved?  If so describe the nature, source of influence, impact, resulting risks or opportunities, and how your company will deal with such regulations.