Introducing IdeaWicket….user generated ideation, innovation and inventions

by Amit Ranjan on Mar 17, 2007

iw.jpgIdea Wicket is a GREAT idea. It is a website for user generated ideation, innovation and inventions. If you have an idea or a conceptual prototype, that you want to share with the world, get feedback about and maybe license or sell it to corporations, this is where you should head. The name IdeaWicket is derived from the words “idea” and “wicket” (a gate or a door); thus the reference is to a gateway for ideas. The website has been launched by a 5 member Delhi based startup.

i1.jpg When you land on the site, you’ll probably take a while to understand what exactly it is and how is it supposed to work. The homepage shows the latest ideas or concepts, that users have submitted. Click on one of these and you will land on a page with the details of the idea – images, tags, views, comments, a url, digg/delicious/ buttons, share, flag et al. Very much Web2.0ish. Then there is the detailed description about the idea, the market, time and cost analysis, the IP details and the intended user benefits. All of this info is packed into a very well designed UI. Check the screenshot below for an idea submitted by a user for streamlining or rationalizing the familiar broadband bill (from Airtel, in this case), something that is usually so confusing and undecipherable that it clearly needs reworking.

ideawicket.jpgThe team behind IdeaWicket wants to make this a place, where innovators and corporations can connect to exchange their innovation requirements. Corporations will be able to access the innovations that are relevant to their area of working, post specific innovation requirements that they are seeking solutions for, and contact innovators on the site. From a corporation’s perspective this could work as a very useful augmentation to their own R&D efforts, while sourcing product improvement ideas from their customers and the general public. Its not difficult to imagine a situation where users start posting solutions for everyday products, processes and services that save time, cost and space, increase productivity and efficiency. Why, this has the potential to snowball into a “Wisdom of Crowds” approach to product innovation.

The team may have to deal with tricky issues related to IPR, confidentiality or plagiarism. This is what the FAQ section of the website says in regard to IPR issues.

Ques: Is my intellectual property safe on IdeaWicket?

Ans: It is advisable to take independent legal counsel before publishing a sophisticated innovation online. If you are planning to patent your innovation please note that publishing an unpatented innovation on the web may take away your ability to patent it later. For more information please visit the Office of the Controller General of Patents, Designs, Trademarks for India, United States Patent and Trademark Office, The UK Patent Office or the relevant intellectual property authority for your region. If you are unsure about how much information to disclose it may be best to describe just the merits of your innovation and the needs it fulfills without giving away its inner workings.

Then there is the question of financial viability. They would require a pricing mechanism, that is fair and transparent. I have not been provided any more details about the same. Forgive my speculative instincts, but I think it is likely to be based on a fee to be paid by the company “buying” the idea.

One of the beauties of the Web 2.0 is its accent on harnessing collective wisdom via different genres of user generated content. IdeaWicket (at a conceptual level) extends UGC to the realms of innovations and inventions. And going by the Airtel bill rationalization example, there is no reason why this model cannot appeal to corporations. Every big (why only big, even small ones as well) company never misses an opportunity to brag about their “user centric approach”, or their efforts to “channelize customer feedback into product design” or how they always “listen to their customers”. IdeaWicket provides a simple and elegant platform to drive that noble intent from ‘advertising-speak’ to reality.




Comments

  1. Idea, Execution, Profit on Mar 17, 2007

    How is this different from more formally organized and already performing innovation crowdsorucing sites like Cambrian House?
    May be the corporate foucs, and involving the big businesses will make the difference. All depends on how the profit is going to be shared. How the ideator is going to be rewarded, recognized etc.

  2. Mohit on Mar 17, 2007

    Now this is a great and rather, innovative idea.

  3. Amar Aujla on Mar 17, 2007

    Thank you for reviewing Ideawicket. Here is a clarification-

    Our goal is to sign up corporations for a monthly subscription fee.

    Ideawicket is merely a platform to bring together innovators and corporations with shared interests. We do not participate or assist in negotiations between innovators and corporations.

    Best Regards

    Amar

  4. amit on Mar 17, 2007

    Amar,

    Monthly subscription for corporations is not clear. Should it not be on a case by case basis i.e. when they want to engage into a deal. How does the monthly model work. Let us know, if this info is not confidential at this stage.

    Bala,

    I am not aware of cambrian house; but I doubt if that is an Indian site. IdeaWicket being Indian, theres a good chance it might be relevant to Indians.

    Amit

  5. Tarun on Mar 18, 2007

    Its a great idea, have been explored before somewhat.
    Ideawicket has executed it pretty well and done a great job of UI. The challenge is monetizing such an idea and also the IP issues. Once anything is posted on internet it is pretty much public.
    Maybe a combination of nominal monthly/annual fee + fee when making a deal might make sense.

    Cheers

  6. i2iFactory on Mar 18, 2007

    sounds like Cambrian House with a twist inthe business model. Making money by pitching ideas directly to corporations is defintely innovative.

    hope the guys behind it have thought about the fact that corporations do run user research programs and user groups that help them spot innovations and user feedack and convincing them to sign on would be a challenge

  7. John on Mar 20, 2007

    It doesn’t seems to be something unique. There are many product review sites are available. Probably coporations getting feedback and new ideas for this product. It is merely an another product/service review site

  8. Debashish on Mar 20, 2007

    Unique concept for India for sure, I just hope that stupid ideas such as the Hoverchair don’t actually materialize :)

  9. Admin Just Clap on Mar 31, 2007

    Go to JustClap and clap this story so it makes it to the nmonthly newsletter!

  10. Pali Madra on Jul 6, 2007

    IdeaWicket is good idea but they need success stories soon as the hype can only last for that much time. Hope they get some success stories pretty soon.

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