We have come to these conclusions that organizations should spend less on building the innovation’s capacity. To make success with innovation initiatives, corporations need to consider the innovation ability —the business model, customer experiences, and the service system— that become the value drivers.
The main reason for this stage is for you to gain as much learning as possible, therefore don’t get stuck yet on the main purpose of your products.
His first patent was an automatic vote recorder for the Massachusetts Legislature. While a brilliant idea in his time, it was never used and sold of at $100 to someone.