Difference between revisions of "Innovation"
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==Experts:== | ==Experts:== | ||
Peter Drucker, "Innovation is the specific instrument of entrepreneurship... the act that endows resources with a new capacity to create wealth." (Innovation and Entrepreneurship, 1985) <br> | [1] Joseph Schumpeter, Definition of economic innovation (The Theory of Economic Development, 1934, Harvard University Press, Boston.) <br> | ||
2.The introduction of a new method of production, which need by no means be founded upon a discovery scientifically new, | |||
and can also exist in a new way of handling a commodity commercially. <br> | |||
3.The opening of a new market, that is a market into which the particular branch of manufacture of the country in question | |||
has not previously entered, whether or not this market has existed before. <br> | |||
4.The conquest of a new source of supply of raw materials or half-manufactured goods, again irrespective of whether this source | |||
already exists or whether it has first to be created. <br> | |||
5.The carrying out of the new organization of any industry, like the creation of a monopoly position | |||
(for example through trustification) or the breaking up of a monopoly position <br> | |||
[2] Peter Drucker, "Innovation is the specific instrument of entrepreneurship... the act that endows resources with a new capacity to create wealth." (Innovation and Entrepreneurship, 1985) <br> | |||
[3] Clayton M. Christensen, Definition of disruptive innovation (The Innovator's Dilemma(1997), The Innovator's Solution(2003)) <br> | |||
"Generally, disruptive innovations were technologically straightforward, consisting of off-the-shelf components put together in a product architecture that was often simpler than prior approaches. They offered less of what customers in established markets wanted and so could rarely be initially employed there. They offered a different package of attributes valued only in emerging markets remote from, and unimportant to, the mainstream." <br> | |||
==Timing:== | ==Timing:== | ||
http://www.ideafinder.com/history/timeline.htm <br> | |||
==Web Resources:== | ==Web Resources:== | ||
[1] http://en.wikipedia.org/wiki/Innovation <br> | [1] http://en.wikipedia.org/wiki/Innovation <br> | ||
[2] http://www.cnbc.com/id/17169877 <br> | [2] http://www.cnbc.com/id/17169877 <br> | ||
[3] | [3] http://en.wikipedia.org/wiki/Disruptive_technology#cite_note-FOOTNOTEChristensen199715-3 <br> | ||