How do I have the Innovation Evaluation Program assess my invention?
In order for the Innovation Evaluation Program to work for you, download the documents in Microsoft Office Word. Fill out the form "Innovation Registration and Disclosure" as completely as possible, and return it to the Center. Send any other information you might have about your innovation, such as drawings and other materials (no prototypes, please), and a check or money order for $200 made payable to Baylor University.
The Innovation Evaluation Program does not process ideas for medicine, toys, games, or foods.
Where do I get an application for evaluation form?
Download the documents in Microsoft Office Word.
Or send your request to:
Innovation Evaluation Program
John F. Baugh Center for Entrepreneurship
One Bear Place #98011
Waco, TX 76798-8011
Or via email at:
How are products evaluated?
Products are evaluated on thirty-three (33) different criteria. These criteria range from factors related to legality and safety, business risk, and demand analysis, to market acceptance and competition. The statistical analysis is relatively simple and follows three separate evaluations:
The Critical Value Score (CVS) is based on five criteria that must be passed in order for the product to be considered for future activities. This score must be very high; in the 80 percent plus range.
The Aggregate Value Score (AVS) of the 33 criteria is the overall total. It should be relatively high; in the 60 percent plus range.
The Estimate of Success (EOS) should be in the 60 percent plus range in order for the product to receive additional consideration.
In order for a product to be considered as a serious candidate for the marketplace, it should score highly on all of the three evaluations.
I have a few questions about the Innovation Evaluation Program.
To see answers to the most frequently asked questions, visit the Innovation Evaluation Program FAQ.
Links to Pages Specifically Designed for Inventors and Entrepreneurs.
Patents and Patent Searching - Access to patents, patent summaries, and patent searching resources is available through: Patents and Summaries. Patent Searching Techniques. Patent Searching Services. Other Patent Searching Resources. Patents and Summaries.
Portfolio - Inventions, Patents and Licensing - Inventions, Patents and Licensing. Other Available Views: Common Ground (formatted), (38K). Provider: Office of the Vice Provost and Dean of Research and Graduate Policy, Stanford University. Last updated: 1994.