Innovation

This assignment is related to what you have done for me a few days ago. It is about Vehicle steering wheel with heart rate monitor technology. At this assignment I want you to write about the solution that you wrote about: All these points should be written regarding to the solution that you wrote about.
1- When will this technology will be there, I mean in the future.
2- I want you to write and explain how much do you think this and solution will cost, and how much will cost to manufacture it.
3- I want you to write about what is positive and negative about this solution.
4- I want you to write about S.W.O.T analysis (S= Strength), (W= Weakness), (O= Opportunities in future and business) and (T= Threats regarding to financial, competitors, regulations, environmental). At this points I do not want you to explain I want you to analyse each one of them in tow sentences. Each one of them should have at least three bullet points.
5- I want you to write about P.E.S.T analysis (P= Political regarding to government, rules, law), (E= Economic – , + positive and negative), (S= Social – , + positive and negative) and (T= Technological regarding to impact of this solution and impact on other technology). At this points I do not want you to explain I want you to analyse each one of them in tow sentences. Each one of them should have at least three bullet points.
6- Outline the steps needed to protect the intellectual property rights to your solution in New Zealand. At this point I want you to visit this website and write and get all the information and issues that will protect my solution in New Zealand. http://www.iponz.govt.nz/cms/patents
Please include and support this assignment by a lot of images, charts and diagrams.

Innovation, it is not just about inventions and new technologies. Share, in your own words, what innovation means to you; what you consider the greatest innovation of your lifetime; and the affect this innovation has had on you personally. If you had the ability, what innovation could you contribute to make other peoples’ lives brighter? How would you accomplish this? Minimum 300 words & maximum 500 words, typed, double-spaced, 12 pt. font, please include name & word count on essay.