Introduction
A new idea is the most precious thing that an individual can come up with. An idea is considered new if no other individual in the world has ever come with such an idea and it is very original. This eventually means that it is the first time that the idea has been heard. A new idea is honored because it helps in creating new commodities that enhance human life. Protecting the idea is also necessary so that the owner can enjoy using his or her excellent idea. This paper will seek to analyze the meaning of a new idea using an example.
Main Body
When individuals experience problems, they tend to come up with ideas that can help solve the problems that they are going through. This way, an individual can come up with an idea that never existed and use it as a solution to the problem in hand. For example, companies that manufacture tealeaves experience problems in packing tealeaves for use by a single person. The process is too long and wastes much time. In addition, different individuals consume varying amounts of tealeaves meaning that packing a standard amount of tealeaves would not be efficient for all the individuals who will be using it. Determining the exact amount of time that the package should be left in the boiling water is also not very possible. The packages are effective for use in hotels but might not be convenient for all the individuals. A new idea led to the invention of the instantaneous tealeaves. In this case, a company packs the tealeaves in large containers. This is easier than packaging the tealeaves in teabags and then packing the teabags in cartons. Any individual will only need to add the instantaneous tealeaves little by little until the required amount is reached. This is more convenient than using the teabags.
Protecting the idea is very important because it encourages innovation. A new idea is protected by most governments where an individual or company that comes up with an idea receives patent rights. This means that it is only the individual or the company that can produce and supply the product of the idea for a specific period of time. During this period of time, production is enclosed in the hands of the individual or the company and it is only the individual or the company that can sell the product. The owner of the idea is likely to make high profits because he or she is the only individual with the commodity in the market thus has full control of the price of the commodity. When other individuals and companies see this, they work towards coming up with new ideas so as to make similar profits. This will result to innovation of many other new products.
Conclusion
A new idea is one that is very original and has not existed anywhere in the world in the past. New ideas help in creation of new commodities that enhance human life. New ideas come as a result of problems experienced in life. The complexities involved in packaging and using teabags by single individuals led to the invention of the instantaneous tealeaves. When an individual or a company comes up with a new idea that helps in creation of a commodity, they are protected so that they are the only ones who can supply the commodity in the market. This helps them make large profits because they control the price of the commodity in the market. Protection also leads to innovations because individuals and companies know that their new ideas will be protected.