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The preparation starts weeks in advance. Whole grains are stone-ground - the resulting flour combined with honey extracted from backyard beehives over a period of months. The dough is then pressed and baked on hand-forged pans in wood-fired ovens until a fine golden crust appears that can be crushed into flakes of exactly the right consistency. After cooling, the flakes are poured into handmade pottery bowls, fired the previous week after being slung from native clay dug from the local riverbed. Finally, right before breakfast, milk from cows raised on grain grown in your own field is poured over the mixture. Making your own breakfast cereal can be a long and arduous task. But when you're done, all the weeks of preparation, expert handling, and expense give you something that resembles, well, the breakfast cereal you can buy in a box at the local supermarket. How do you decide what to buy and what to develop yourself? The best dividing line is differentiation. Any part of your design that does not differentiate your product from your competitor's should be fair game for IP. The most common blocks that fall into this category are those that are standards-based. You're probably not going to beat your competition by having a better USB, Ethernet, or PCI interface than theirs. Likewise, as long as your DDR or DDR2 memory interface works reliably, it probably won't be the reason customers buy or don't buy your product. Engineering time you invest in re-inventing these important functions is time you could have spent making your product better, or time you could have been on the market capturing additional market share. [more]
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