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Inventor Or Innovator – Which Are You?

InfoChachkie

Philo Farnsworth created a technology which underlies one of the 20 th Century’s most ubiquitous products, yet he died a man of modest means and is relatively unknown today. Philo was an inventor, not an innovator. He was primarily motivated by the educational potential of his invention, not the wealth it might generate.

Ideas 221
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8 Ways New Venture Founders Create Whole New Markets

Startup Professionals Musings

This is a statement that they are willing and able (and successful) at projecting market and technology turns, not just straight-line innovations. Most of you could suggest one more, but not many. Joe Costello was known to dress up as Frankenstein and the Riddler for company functions, and wasn’t afraid to laugh at himself.

Marketing 157
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Why We’re Looking to Fund Stuff With More Meaning

Both Sides of the Table

If you’re funding the same stuff as everybody else and if you started your activities when the clues were obvious you’re much less likely to drive enormous returns. When Fred Wilson funded Twitter I guarantee you it wasn’t obvious that it was a billion dollar idea. Online education. Far from it.

Funding 362
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Who’s In Your Club For Your Mutual Improvement?

InfoChachkie

You’re The Average Of The Five People You Spend The Most Time With” Jim Rohn, Motivational Speaker. He describes his Junto Club in his biography, as follows: “…I had form’d most of my ingenious acquaintance into a club of mutual improvement, which we called the Junto; we met on Friday evenings.

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The Necessity of Innovation

Xconomy

Innovation is at the heart of wealth creation. Innovation is at the heart of job creation. Innovation is at the heart of building better lives for everyone. And innovation can be increased by conscious support. A lot of people don’t think innovation is important. People may need to learn new skills.

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Getting A Software Patent Is Valuable But Frustrating

Startup Professionals Musings

Most experts agree that the software patent process is in disarray, and you can find a long Wikipedia article on the debate, as well as many strong views from key industry players. Even if you start with the U.S. The standard issue patent duration is 20 years, which is far too long in the software business.

Patents 53
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Fast Follower III – First Mover Disadvantage

InfoChachkie

In a matter of months, he developed technology that was superior to that created by the world’s leading scientist over the prior 15-years, despite his lack of a formal education. In 1798, at the age of 55, a frustrated, destitute Fitch scrimped together enough money to purchase a handful of opium pills, which he used to end his life.