Case Studies
Looking for funding to commercialize your innovation?
Have you’ve been looking for funding to commercialize your innovation but came up empty? One avenue that is growing in popularity are innovation competitions. If your ideas fits the requirements, its a source of innovation funding that doesn’t required you to give up any equity. One example is the r
Do we lack patience when it comes to innovation?
Patience is not a skill that comes naturally. At least not to me. I’m just as aggressive as the next person when it comes to wanting to see the impact from my ideas. What I have plenty of is impatience. I want to see the results now, not years down the line. The reality […]
Getting The Timing Right For An Innovation – Like a slate!
I’m a firm believer that the difference between a good idea and a great idea is getting the timing right. There are a number of items to consider when deciding when is the right time to bring an innovation to market. For example: Is there a technology coming that will transform the experience/marke
What is the role of government to encourage small business innovation?
Since the beginning of time, it’s been entrepreneurs that drive the creation of innovation. True breakthroughs have been the result of an individual or small team who had an idea and the determination to see it through to fruition. In many cases, ignoring the advice of friends and the lack of what
US vs China Parents – What skills do children need to be innovative?
During a recent meeting I attended with educators and government officials, I shared my frustration with the “output” of the current educational system. In my opinion, we optimized the system to produce graduates with deep technical skills and the ability to take tests. One competency that I see mis
Small Businesses Will Be Key For The Economic Recovery
I’m an eternal optimist when it comes to the ability of people to create innovations – especially when we find ourselves at our greatest need. This drive to solve problems is a prime catalyst for entrepreneurs who are the ones behind small businesses. So are entrepreneurs better at innovating than
A different outlook on the economic downturn ….
With the recent economic downturn, the world is changing. More and more people are waking up to the new reality that they don’t understand the fundamentals of the new economy. What drives share price? What has changed? What makes up share price? Over the last twenty years, we have seen the decrea
Unintended Uses of Innovations
Have you ever noticed that many innovations end up being used in ways never contemplated by the inventors? Unintended uses are the first step to finding a pivot that creates opportunities. Some interesting examples include: Invention Original Use Actual Primary Use Telephone Broadcast audio content