06 Selling an Invention Essay

Submitted By foss521

Words: 358

Pages: 2

Open Document

Elizabeth Foss, Tracy Chisolm
06 Selling an Invention

Introduction
Noticed a large amount of money being wasted on wood used in the manufacturing process of his model A cars.
Looking for a way to use wood profitability, he hit upon the idea of making charcoal briquettes from scrap.
The original inventor of the process for making charcoal briquettes was actually Ellsworth B. A. Zwoyer, whose business ultimately failed. Ford capitalized on this opportunity.
Solution
Kingsford charcoal briquettes were born
The process of making them was easy and cheap and he could sell them to steel mills and anyone else interested in using them.
More than 1 million tons of wood scraps are converted into quality charcoal briquettes each year.
Making charcoal from scrap led to an environmentally-conscious way of repurposing waste, whether it’s converting wood waste into useful fuels, reusing combustion gases to generate heat for use in production water or containing process water to be reused for the next batch of charcoal.
Opposition
Technically, Ellsworth B. A. Zwoyer of Pennsylvania invented charcoal briquettes and patented the design in 1897. And after World War I, the Zwoyer Fuel Company built charcoal briquette manufacturing plants in the New York and Massachusetts.
Prior to Henry Ford’s revolutionizing the manufacturing of charcoal briquettes, the method of charcoal production generated a large amount of smoke, it was a very long process and at the time, not a very clean one.

Essay about Personalized Medicine

They feel that gene patenting creates full disclosure of inventions so that others can learn about the invention, try to design around the patent, and make and use it after the patent has expired. (Park, 2002) I will explore the pros and cons of gene patenting in this paper. Gene patents are patents on specific sequences of genes. A patent is a grant issued that gives the applicant the right to exclude anyone from making, using, or selling the product for twenty years from the application filing…

Words 1405 - Pages 6

Essay about Pixar and Alvy Ray Smith

Report for Pixar 06/11/2014 Student Number: 121212212 Pixar was founded as The Graphics Group, which was one third of the Computer Division of HYPERLINK "http://en.wikipedia.org/wiki/Lucasfilm" \o "Lucasfilm" Lucasfilm that was launched in 1979 with the hiring of Dr. Ed Catmull from the New York Institute of Technology (NYIT),[6] where he was in charge of the Computer Graphics Lab (CGL). At NYIT, the researchers pioneered many of the CG foundation techniques—in particular the invention of the "alpha…

Words 1309 - Pages 6

Fcuk: Islam and National Geographic Essays

Loading... Libraries In Crisis NYR Smarter IdeasDistilled Perspective iOS app Android app More Log in Create Account December 13, 2013 books Edition: U.S. FRONT PAGE POLITICS Michigan 'Rape Insurance' Bill Passes Into Law 2.3K Birther Movement Capitalizes On State Health Director's Tragic Death 545 House Spurns Tea Party, Passes Budget Deal 1.4K Dead Marine's Parents Shocked After Son's Body Returned Without Heart 166 Federal Prison Crisis Poses 'Critical Threat' To Justice…

Words 2222 - Pages 9

What Kind Of Support Do High-Tech Cluster Need From The Government?

The great ongoing demands for performance not only great aspiration, realization of weaknesses and possible outcomes, sometimes it demands even more, something, that is called sacrifice. To achieve an astounding heights in the innovation sphere amazing structures should be built, which must totally control the development process and pretty frequently come up with a new, cutting edge ideas. There are two sides to the river, where one is innovative idea and the other one - implementation, aims to…

Words 1192 - Pages 5

A Description Of Kinect

GENERAL DESCRIPTION This innovation, originally developed by Microsoft under the codename of Project Natal, was finally released under the Kinect name on November 4, 2010 and entered the Guinness World Record Book by being the fastest-selling customer electronics device . Even though it was initially designed for video games, it now applies to real-world uses. Kinect is a motion-sensing system based around a depth camera that enables the user to control and to interact intuitively, and especially…

Words 3044 - Pages 13

Amazon.Com and Mattel - a Strategic Perspective Essay

Amazon.com, from a strategic approach, is dominating the world-wide-web. They have become the world leader in online sales of books, music, videos, movies and other products and services. Amazon knew that the Internet could be used as a distribution channel, thus reducing their supply chain relations. By making these strategic advances, Amazon was able to achieve and sustain their competitive advantage. After researching and reading the 2009 and 1997 Annual Reports, it was determined, that in…

Words 1376 - Pages 6

Imperialism: Otto Von Bismarck and Great Britain Essay

Richard Feliz 12/06/2012 History 10 Reasons for the New Wave of Imperialism There were many underlying reasons for the new wave of Imperialism in the late 1880’s, as industrialization and nationalism being the main factors that contributed to the cause, brought European nations to direct control of new territories like Africa, the Indian subcontinent and South East Asia. Imperialism is the domination of one country’s political, economic or cultural life by another. The reason…

Words 1452 - Pages 6

Innovation Technology and managment Essay

Innovation and Technology Management SBL Assignment BA5 Lecturer: Dr Lawrence Akwetey & Anand Walser Student: Dzhenneta Saparova B0261SISI1111 19/06/13 Contents Executive summary 3 Introduction 4 The role of innovation in strategy 5 Innovation in organisation 6 Case study of Apple 7 Limitations on the role of innovation strategy 7 Value Chain 8 Conclusion 9 References 10…

Words 2186 - Pages 9

technology and ethics Essay

technology, and information technology. The human species' use of technology began with the conversion of natural resources into simple tools. The prehistorical discovery of the ability to control fire increased the available sources of food and the invention of the wheel helped humans in travelling in and controlling their environment. Recent technological developments, including the printing press, the telephone, and the Internet, have lessened physical barriers to communication and allowed humans to…

Words 6502 - Pages 27

Verizon Essay

creativity. Under Ivan Seidenberg’s leadership the company’s customer service and product invention have been recognized and awards given to this effect. This proves that Verizon Communication has pioneering leaders, strong leadership helps chart the course and hence gives direction to the organization. Fourthly, Verizon Communication has a strong marketing presence and brand name, with distribution chains selling its products and offering essential services to consumer across the state, the company’s…

Words 3050 - Pages 13