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A Product Release Fund is created to turn prototypes into products. You must understand that there is a huge difference between a prototype and a product. In order to make sure that the necessary optimization and development takes place – to work all the bugs out and to produce a replicable manufacturing process – and to meet certain specifications, we created the Product Release Fund. This is a way to fund – just as the name suggests – product release – with firm adherence to OSE Specifications, which I discuss next. We are exploring this Fund as a viable value-capturing process substitute that could apply anywhere that people seek patent protection. | |||
Latest revision as of 17:36, 2 May 2011
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A Product Release Fund is created to turn prototypes into products. You must understand that there is a huge difference between a prototype and a product. In order to make sure that the necessary optimization and development takes place – to work all the bugs out and to produce a replicable manufacturing process – and to meet certain specifications, we created the Product Release Fund. This is a way to fund – just as the name suggests – product release – with firm adherence to OSE Specifications, which I discuss next. We are exploring this Fund as a viable value-capturing process substitute that could apply anywhere that people seek patent protection.