Understanding Triggers to Innovation through Case Studies Kolachana Sri Ram Aditya.

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Understanding Triggers to Innovation through Case Studies Kolachana Sri Ram Aditya

Transcript of Understanding Triggers to Innovation through Case Studies Kolachana Sri Ram Aditya.

Page 1: Understanding Triggers to Innovation through Case Studies Kolachana Sri Ram Aditya.

Understanding Triggers to Innovation through Case Studies

Kolachana Sri Ram Aditya

Page 2: Understanding Triggers to Innovation through Case Studies Kolachana Sri Ram Aditya.

“The most incomprehensible thing about the universe is that it is comprehensible.”

-Albert Einstein

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Fortune favors the brave Europe of the middle ages – Renaissance Growing spirit of inquiry – led to innovation Columbus – pioneer of exploration Trade winds, ocean currents shape history Vespucci grabbed the opportunity presented Fate of Columbus?

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Triggers Change in attitude of populace Leading to spirit of inquiry Resulted in technological advancements Utilized to meet Unsatisfied Needs Advances in various fields led to Multi-

Fusion; a trigger for innovations

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Scrambled genes for breakfast 1896 – Henry Becquerel discovers radioactivity Shortly afterwards – effect on organisms Genetic Mutation occurs naturally Lewis Stadler of University of Missouri Experiments in Japan, Ghana, Vietnam, USA Paid for 30 years of research

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Triggers Advancements in technology Technology used to meet Satisfied Needs Thrill of playing god? Market forces – simpler and cheaper than

gene splicing, cloning etc.

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Zapping your way to entertainment Late 1800s – Tesla tries to control ship from

coast 1930s – Television commercialized 1950s – People fed up with advertisements 1950 – Lazy Bone invented 1955 – Flash – Matic used light rays 1957 – Robert Adler patents “Space

Commander”

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Triggers Advancement in technology Demand from consumers – market forces

driven innovation Innovation is response to a New Need Once a given need is satisfied, a new need

arises which requires innovation The Cluster Effect

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Who guards the guards? Alzheimer's, Global Warming, AIDS etc. Gordon Rugg and Joanne Hyde of Keele Univ Develop a process call Verifier The mystery of the Voynich manuscript – a

15th century codex Difficulty in diagnosing autism – role of

neuro-psychology

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Triggers Inability to solve critical problems despite

heavy investments and long periods of research

Realization of a Latent Need to study the solvers and not the problem

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Summary: Triggers to Innovation Unsatisfied Needs Satisfied Needs New Needs Latent Needs The Cluster Effect Multi-Fusion Technological Changes and Market Forces

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Thank You!