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February 05, 2009

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Arthur M. Gallagher

Hmmm, at the risk of stating the obvious, I could have sworn that the internet was originally designed by the US Defense Department to withstand nuclear holocaust, rather than to allow my daughter to watch Japanese cartoons on YouTube. I could be wrong however, and it may just have needed a few decades to reach critical mass.

Of course, the other thing you touch on is the fact that the invention of technology is a completely different field from identifying a market of people whose needs it could fulfil and delivering it to them. And although the former can bring a lot of satisfaction to the inventor themselves, it is only the latter that brings commercial success.

So are you saying that invention is merely the creation of some technology, but that the innovation is the idea of applying it to a previously unexploited market?

Karin H.

Hi Art!

What a wonderful way to bring more and precise meaning to the intention:

"invention is merely the creation of some technology, but that the innovation is the idea of applying it to a previously unexploited market"

Karin H

At 12:27 09/02/2009, you wrote:

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