Entrepreneur, CEO of Edison Nation and Edison Nation Medical
Louis Foreman is chief executive officer of Charlotte, N.C.-based
, a product developer and online social community for inventors. He also runs
Edison Nation Medical
, an online community for health-care innovation.
While this technology was initially limited to R&D labs, now it's pervading almost every industry. A person with an idea can create a prototype of a product with greater ease.
Understand how patents work and find out the merits of two online vehicles to propel innovative products toward market success.
Keep your finger on the pulse of four key waves driving new product development.
Many assert that patent trolls are costing the U.S. economy billions of dollars, inhibiting innovation. The solution, however, is not so clear.
An often-overlooked source for great ideas are those who live or work on the front lines of health care.
Finding inventive product ideas from nontraditional sources can help companies stay ahead of the competition.
Before you quit your job and cash in your 401(k), take a step back and evaluate.
Don't be caught off-kilter by unexpected roadblocks and setbacks. Acquaint yourself with these keys for ushering new products into the marketplace.
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© 2014 Entrepreneur Media, Inc.