Innovation/Idea Section

QUICK RECAP

This page will capture my thoughts on new product concepts in different areas -

Experience - Professional Academic Education

Patents (pdf), Patents (WIPO), Publications & Presentations

CHEMISENSE - WEARABLE QUALITY MONITOR

1. http://www.technologyreview.com/news/530011/an-air-quality-monitor-you-take-with-you/

2. https://www.youtube.com/watch?v=6Lfn-OaoX5Q

As presented in the YouTube video, this unique concept to monitor asthma triggering chemicals in a proactive manner using innovative polymer based resistor technology certainly has value in the marketplace. Moreover, this technology encompasses various areas of focus such as, Computer Science, Chemistry, Engineering and Physics combined with crowdsourcing of data addressing the system thinking process. There are three major concerns that the team needs to consider:

1. The target audience

2. Proactive monitoring can promote stress and trigger Asthma (http://www.webmd.com/asthma/guide/stress-asthma)

3. Monitoring air quality does not solve the actual problem

The age group that we are talking about places this product in a tough spot. We are talking about kids, and teenagers, who may not wear these gadgets on a regular basis due to social pressure, or due to intrinsic playful nature of the kids. Moreover, a close proactive monitoring in the form of wearable gadget can cause anxiety amongst these kids, and potentially trigger stress-based asthma, whenever there is any deviation in the air quality from the norms. Most importantly, such wearable gadget does not serve the primary objective of improving the air quality.

Instead of making a wearable gadget, this group can look into collaborating with townships, municipalities and districts to install such monitors, and to generate heat map at different locations.

Just my silly thought -

Initial Product: https://angel.co/chemisense

Current Product: http://chemisense.co/features/

INTERESTING COMMERCIALIZATION IDEA

It is time that the inventors of internet get a fair share of credit, and revenue. I remember reading an article where the inventors had concerns about commercializing their efforts, but if there are others who reap the benefits at excessive level of risks, it is time for the inventors to get a fair share as well, and also taxpayers.

Steps to be taken:

While working on any such new venture (such as, search engines, private browsers etc), partnership should happen directly with the universities that played an instrumental role in the development of internet, and also to build a commercial team (private-public partnership - private, preferably smaller financial firms) as and when the development is happening. The team also needs to include related workforce, who are seeking jobs (supported with relevant training, if necessary). Additionally, creation of multiple smaller companies (with right support) is vital to optimize the growth of these companies to a reasonable level, and to limit issues later on.

Along with this initiative, this collaborative effort could also include customized products at a reasonable price for those who are not internet savvy or barely computer literate; Such products need not be limited to this group, but customization becomes essential.

The other area of focus being, streaming content - the top three companies own around 47% of the market share, and there is still significant market share left for new entrants. Further, there is not much competition in the ISP space. Here, targeted customer friendly, safe content offerings (privacy will also become an important factor) becomes essential. Moreover, customization based on the audience can also be explored. This team can partner with post office (known for connecting people for centuries), which is looking for new revenue stream. This kind of JV can also enhance democratization of content, and address net neutrality issues to some extent. -