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Small-scale examples Energy storage Home fuel cell: Research, commercialization [58] [59] [60] Off-the-grid, producing electricity in using an environmentally friendly fuel as a backup during long term power failures. Autonomous building, Bloom Energy Server: Lithium–air battery: Research, experiments [61]
Thomas Edison with phonograph in the late 1870s. Edison was one of the most prolific inventors in history, holding 1,093 U.S. patents in his name.. Innovation is the practical implementation of ideas that result in the introduction of new goods or services or improvement in offering goods or services. [1]
IBM collected over 37,000 ideas for potential areas for innovation from brainstorming sessions with its customers, employees and their family members in 2006. [ 59 ] iNaturalist is a citizen science website which allows users to contribute observations of organisms with images, start data-collecting projects, and crowdsources taxonomic ...
In his sequel with Michael E. Raynor, The Innovator's Solution, [14] Christensen replaced the term disruptive technology with disruptive innovation because he recognized that most technologies are not intrinsically disruptive or sustaining in character; rather, it is the business model that identifies the crucial idea that potentiates profound ...
Innovation economics is a growing field of economic theory and applied/experimental economics that emphasizes innovation and entrepreneurship. It comprises both the application of any type of innovations, especially technological but not only, into economic use.
The Medici Effect: Breakthrough Insights at the Intersection of Ideas, Concepts, and Cultures is a 2004 book written by American entrepreneur Frans Johansson. [1] Published by Harvard Business School Press , it was listed as a Top 10 Business Book by Amazon.com and translated into 18 different languages.
Social innovations are new social practices that aim to meet social needs in a better way than the existing solutions, [1] [2] [3] resulting from - for example - working conditions, education, community development or health. These ideas are created with the goal of extending and strengthening civil society.
Halfbakery is an example of a slightly less serious ideas bank. Users submit ideas, often jokingly, which are then commented on, often jokingly, by other users. The Global Ideas Bank is the opposite of Halfbakery in that ideas are proposed seriously, and in some cases actually implemented. It started as a group of inventors in 1985 and became a ...