Invention is still a mysterious and poorly understood business. Nobody has “Inventor” on their business card. Proud parents are thinking “Doctor, Lawyer, Computer Programmer” but not inventor. We don’t have investment models to support invention.
Invention isn’t just something involving crazy hair in a garage with high voltage and mysterious potions. Invention is the fundamental basis of all new technology, all innovation. So we need to learn to scale it up.
Most of the success stories you see based on invention are actually inventors who turned themselves into an entrepreneur or businessman. This is the story of Apple, Google, Microsoft, HP, Facebook, etc. Those people are extraordinary, and it is great when that happens, but it doesn’t scale. We need to separate those roles, support inventors and make markets for them to get paid for specializing in invention. Then we need to hand the inventions over to entrepreneurs and businessmen who can give them a life. How many times have you seen the opposite; where a good entrepreneur makes a great business out of a shitty product because it is all he could invent?Join Report
From February 18, 2012 10:30 am to 12:30 pm Save to calendar
Posted by Michelle Johiro
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