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An inventor creates or discovers an invention. The word inventor comes from the Latin verb invenire , invent- , to find. [ 1 ] [ 2 ] Although inventing is closely associated with science and engineering, inventors are not necessarily engineers or scientists. [ 3 ]
The term disruptive technologies was first described in depth with this book by Christensen; but the term was later changed to disruptive innovation in a later book (The Innovator's Solution). A disruptive innovation is an innovation that creates a new market and value network that will eventually disrupt an already existing market and replace ...
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]
In patent law, an inventor is the person, or persons in United States patent law, who contribute to the claims of a patentable invention. In some patent law frameworks, however, such as in the European Patent Convention (EPC) and its case law , no explicit, accurate definition of who exactly is an inventor is provided.
He suggests that for discontinuous innovations, which may result in a Foster disruption based on an s-curve, [3] there is a gap or chasm between the first two adopter groups (innovators/early adopters), and the vertical markets. Disruption as it is used today are of the Clayton M. Christensen variety. These disruptions are not s-curve based.
(1) The inventor can secure exclusive rights, and therefore working on innovation gives the inventor a higher probability of financial rewards in the market place. [ 8 ] (2) Publishing the invention, rather than keeping it a trade secret allows others to build upon the technology. [ 9 ]
The differences between the average and the upper end were due to a non-random factor, "natural ability", which he defined as "those qualities of intellect and disposition, which urge and qualify men to perform acts that lead to reputation…a nature which, when left to itself, will, urged by an inherent stimulus, climb the path that leads to ...
The purpose of the inventive step, or non-obviousness, requirement is to avoid granting patents for inventions which only follow from "normal product design and development", to achieve a proper balance between the incentive provided by the patent system, namely encouraging innovation, and its social cost, namely conferring temporary monopolies. [4]