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  1. Point of View:William Buxton
    Innovation vs. Invention
    There is no question in my mind that with
    appropriate management, we can improve
    the levels of innovation and creativity
    within organizations. There is no magic
    here. Innovative people are no more ‘born’
    than Olympic gold medallists or virtuoso
    musicians. Yes, some of us are gifted
    with more initial aptitude, but as music
    and sports show, the ‘natural’ or the ‘child
    prodigy’ frequently does not graduate to
    the top level. Hard, focused and appropriately-
    directed work trumps natural talent
    in virtually every case. The question is,
    where to focus? Let us start by looking at
    the anatomy of the beast.
    One key lesson that I took away from
    Lester Thurlow’s book, Head to Head, is
    the observation that, “Innovation in process
    trumps innovation in product.” Thurlow
    was contrasting the research investment
    strategies between the U.S. and Japan in
    the post-war years. His observation was
    that the U.S. took a materialistic approach
    to their investment, focusing on products,
    while the Japanese focused on process. His
    observation was that while the U.S.
    invented DRAM, the VCR or the LCD, it
    also incurred the highest up-front costs,
    while the Japanese reaped the primary
    profit due to their superior processes of
    manufacturing and distribution.
    Today, we have a comparable example
    in Apple and Dell. Apple is now below
    Acer in PC market share, but they have
    beautiful, design-intense systems. Dell’s
    computers, on the other hand, are boring
    and have virtually no technical or design
    innovation. But Dell’s process has given
    them a dominant market share. Some business
    publications (e.g., Fast Company, Jan.
    2004) have come to the dubious conclusion
    that this says that innovation may not be all
    that it was cracked up to be. Of course,
    what they miss are two things: (a) the distinction
    between innovation in product and
    process, and (b) the following rule, which I
    have decided to decree: innovation in
    process + design trumps innovation in
    process alone.
    This, of course, should be obvious,
    but it sure went over the head of the
    Fast Company writers. If you want to
    compete with Dell, ‘all’ you have to do is
    match or exceed their innovation in manufacturing
    and service, and do so with
    innovative products.
    To find an example that illustrates this,
    we need look no farther than, yet again,
    Apple. Forget their PC business for the
    moment. In the music business, in which
    both Dell and Apple are competing, Apple
    is the hands-down winner. While Dell has
    relied on their previously successful formula
    of efficient process, but boring
    design,Apple has triumphed on both fronts
    in their iTunes and iPod product lines.
    Apple not only dominates the music market,
    their sales in that sector now exceed
    those of their PCs – transforming the very
    nature of the company, to the point where
    the tag-line on their new iMac computer is,
    “From the company that brought you the
    iPod.” This, despite the iPod being launched
    only in 2001 – 24 years after their first
    computer, the Apple II, in 1977!
    Let’s look at another aspect of all of
    this, the difference between ‘innovation’
    and ‘invention’. The closer one gets to
    Route 128 in Boston and Silicon Valley, the
    more it seems that people confuse the two.
    Too often the obsession is with ‘inventing’
    something totally unique, rather than
    extracting value from the creative understanding
    of what is already known.
    In a recent study, the U.S. National
    Research Council tracked a number of
    telecommunications and computer technologies
    from first conception to the point
    where they reached a billion dollar industry.
    The key thing to note is that the average
    time from invention to market was 20-plus
    years. So much for fast moving tech sector!
    Which brings us to one of the most insightful
    quotes that I have encountered, from
    William Gibson: “The future is already
    here. It is just not uniformly distributed.”
    Here is the business lesson: innovation
    is far more about prospecting, mining,
    refining and adding value to ‘gold’ than it is
    about alchemy. Rather than focusing on
    the invention of the ‘brand new’, one
    might better strive for creative insights on
    how to combine, develop and leverage
    Innovation is far more about prospecting, mining, refining
    and adding value than it is about pure invention.
    http://www.billbuxton.com/innovationInvention.pdf
    Voting 0
  2. Innovation vs. invention: Knowing the difference makes a difference Ogan Gurel September 18, 2007 Comments Send article Digg this story Reprints RSS/subscribe Add to Delicious Editor's note: This is the first part of a three-part series on innovation written by MedTech Futures columnist Dr. Ogan Gurel. This column discusses innovation and, in particular, distinguishes it from invention. The second and third parts will discuss the elements of fostering innovation and accelerating development. Consonant with the etymological origin of the word, “innovation” implies the creation of something new. In this regard, innovation is often equated with invention. However, the two definitions - innovation and invention - have been evolving.
    http://wistechnology.com/articles/4184
    Voting 0
  3. Physical prototypes are expensive! Especially when you are (rightly) approaching numerous companies for licensing or bulk manufacturing, and (wrongly) building and shipping a physical prototype to each contact. With VirtuTypeâ„¢ you can send thousands upo
    http://www.designmyidea.com/simulation.html
    Voting 0
  4. Licensing Information
    http://www.fourhourworkweek.com/blog/...nies-part-ii-plus-hacking-japan-tips/
    Tags: , , by montie (05-08-2008)
    Voting 0
  5. Develop, Refine & Present YOUR Invention from any Location
    http://www.designmyidea.com/index.html
    Voting 0
  6. Is my invention obvious? The patent world after KSR case
    http://www.wrallocaltechwire.com/busi...ocal_tech_wire/opinion/story/2918694/
    Voting 0
  7. Invention news
    http://amazinginventions.net/news.html
    Tags: , , by montie (15-10-2007)
    Voting 0
  8. Yankee Invention Expo 2007 and Yankee Entrepreneur Workshops will be held on Thursday, Friday and Saturday, October 11 through 13, 2007 in Waterbury, Connecticut.
    http://www.yankeeinventionexpo.org/expo.htm
    Voting 0
  9. Welcome to the Invention Connection® Online CyberShow,
    http://inventionconnection.com/
    Tags: , , by montie (15-10-2007)
    Voting 0
  10. Check out the latest call for ideas from our clients and BIG—including the new Thomson Hunt for cordless phone improvements. The best ideas will be evaluated for licensing deals.
    http://www.bigideahunts.net/
    Voting 0

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