Some projects are all new and standalone but most solutions involve integration into an existing device or way of doing things.
Innovation is key but as important is the process of evaluation of the candidate ideas. Costs must be considered at an earlier stage because if the sums don’t add up it’s time to think again. Assuming all’s well and funding obtained, prototyping is critical to avoid costly manufacturing mistakes.
Patents and trademarks need careful consideration before finally into production and to market. Efficiency and project management is key throughout to avoid waste.