“On the supply side, for innovation, you'd say, go look at those R&D budgets, and they haven't moved in the last 20 years. In the case of the US - which is the majority of R&D funding across every category you can name: health, energy, whatever - it's been about $5 billion a year from the Department of Energy.” YearsLooksNamesEnergySidesCasesHavensInnovationMajorityMovedBillionsBudgetsDepartmentCategoriesFunding Author:Bill Gates
“I think there's even a chance that [R&D and innovation budgets] might be increased [during Donald Trump Administration] and we should go and make that case to the executive branch, to the Congress.” ThinkingShouldMightChanceCasesTrumpInnovationCongressAdministrationBudgetsBranchesExecutivesExecutive Branch Author:Bill Gates
“It is irrational to charge high prices for socially valuable innovations as this guarantees that they will be underutilized. It is much better to sell them at cost and then to reward the innovator in some other way. This is not always possible, because in some cases the value of an innovation is in the eye of the beholder; it's very difficult to value how much a new Madonna song is worth, for example. But in the case of medicines, green technologies and seeds in agriculture, such an alternative reward mechanism is fairly straightforward.” WayEyeValuesSongDifficultCasesTechnologyExampleCostInnovationGreenSellsMedicineRewardsValuableSeedsAlternativesGuaranteesMechanismAgricultureIrrationalStraightforwardInnovatorsGuarantees ThatBeholderHigh PricesEye Of The BeholderGreen Technology Author:Thomas Pogge
“I am resolutely opposed to all innovation, all change, but I am determined to understand what’s happening. Because I don’t choose just to sit and let the juggernaut roll over me. Many people seem to think that if you talk about something recent, you’re in favor of it. The exact opposite is true in my case. Anything I talk about is almost certainly something I’m resolutely against. And it seems to me the best way to oppose it is to understand it. And then you know where to turn off the buttons.” PeopleIfsThinkingKnowsWaySeemsTurnsCasesHappeningsOppositesInnovationDeterminedFavorsBest WayButtonsTurn OffI Am DeterminedJuggernaut Author:Marshall McLuhan
“We ought not to be over-anxious to encourage innovation in cases of doubtful improvement, for an old system must ever have two advantages over a new one; it is established, and it is understood.” InspirationalTwoCasesOughtUnderstoodAdvantageInnovationImprovementAnxiousDoubtful Book:Lacon, Or, Many Things in a Few Words: Addressed to Those who Think Source: Lacon, Or, Many Things in a Few Words: Addressed to Those who Think
“In some cases, inventions prohibit innovation because we're so caught up in playing with the technology, we forget about the fact that it was supposed to be important.” ImportantFactsForgetCasesTechnologyInnovationCaughtInventionSupposed To BeCaught Up Author:Dean Kamen
“The number one use case for social media among our customers is around innovation - innovating with employees and with customers. For most businesses this is going to deliver the highest ROI.” UseSocialNumbersCasesMediaHighestInnovationSocial MediaCustomersEmployeeRoi Author:Sandy Carter
“Innovation often starts with the ordinary. They simply took what was "normal", and added a twist. They added an innovation. The innovation solved a key problem of the "normal" use case that we all already understood.” UseProblemCasesKeysNormalOrdinaryUnderstoodInnovationTwists Author:Dave Morin
“Doctors...from the Office of Info. Tech. at Harvard U.(:)...Their appraisal of 46 surgical or anesthesia breakthroughs...suggested...only 13% were highly preferred (and)...in nearly half the cases the new therapy was no better than the therapy it replaced. ...About 12% of the innovations increased complications.” AgeDarkHalfCasesOfficeDoctorsInnovationMedicalTherapyReplacedBreakthroughHarvardDark AgesComplicationAppraisalAnesthesia Author:Jeffrey Bland
“All we can thus far say about the duration of the units of [the business cycle] and each of [its] two phases is that it will depend on the nature of the particular innovations that carry a cycle,... and the financial conditions and habits prevailing in the business community in each case.” TwoCommunityBusinessCasesConditionsParticularDependsHabitInnovationFinancialCyclesPhasesUnitsDurationPrevailing Author:Joseph A. Schumpeter