SPARKING THE

F I R EOF INVENTION

SPARKING THE

F I R EOF INVENTION

Presented by:AJAY BANSAL

EVAN I. SCHWARTZ

Corporations lack motivation.

Invention is usually a side effect.

Out invent Microsoft and Oracle.

Cross-pollinate insights from information technology, biotechnology,

and nanotechnology to make powerful new technologies possible.

Ventures have no mission.

Engineers spend a part of their time on personal projects.

Corporations lack motivation.

Invention is usually a side effect.

Out invent Microsoft and Oracle.

Cross-pollinate insights from information technology, biotechnology,

and nanotechnology to make powerful new technologies possible.

Ventures have no mission.

Engineers spend a part of their time on personal projects.

Summary:

Inventions are different from research and development process.

Inventors can recognize latent opportunities, problems.

The Web and other powerful information technologies make sharing

knowledge easier than ever.

Debunk the perception that research labs make sense only when

they are part of an existing corporate structure.

1940, the U.S. Census Bureau eliminated “inventor” as a job

category.

Emphasis moved to transform ideas into marketable products and

services.

Inventions are different from research and development process.

Inventors can recognize latent opportunities, problems.

The Web and other powerful information technologies make sharing

knowledge easier than ever.

Debunk the perception that research labs make sense only when

they are part of an existing corporate structure.

1940, the U.S. Census Bureau eliminated “inventor” as a job

category.

Emphasis moved to transform ideas into marketable products and

services.

Summary Contd….

Big corporate research laboratories focus on shorter-

term product cycles,

Protect The Inventions

Highly cited patents positively correlate to stock

market success.

Smart companies are licensing inventions from

smaller competitors.

The Internet and other communications tools are

enabling new global connections.

Big corporate research laboratories focus on shorter-

term product cycles,

Protect The Inventions

Highly cited patents positively correlate to stock

market success.

Smart companies are licensing inventions from

smaller competitors.

The Internet and other communications tools are

enabling new global connections.

Summary Contd…..

Summary Contd…..Summary Contd…..

Invention steeped in the myth of accidental discovery.

Invention is now being recognized as a more

focused, deliberate process.

With practice, anyone can become inventor.

In addition to leaping across disciplines and

challenging assumptions, inventors visualize results

and embrace uncertainty.

Invention steeped in the myth of accidental discovery.

Invention is now being recognized as a more

focused, deliberate process.

With practice, anyone can become inventor.

In addition to leaping across disciplines and

challenging assumptions, inventors visualize results

and embrace uncertainty.