Showing posts with label entrepreneurship. Show all posts
Showing posts with label entrepreneurship. Show all posts

Friday

Anyone can innovate

Anyone can innovate.

According to an article in MIT Tech Review, a massive amount of consumers are innovators. They purchase products and customize them to fit their needs. They tinker with things they buy. A survey in the UK showed that there are many more tinkers than those employed as product developers and spend twice as much money when compared to company R&D costs. Even still, many companies often do not listen to these independent innovators.

What does this tell you?

You don't need to be employed as an "engineer" or have a formal title like "director of innovation" to be an innovator. Anyone can do it. You determine your own capabilities and pursue them. We may not have access to the resources and funds that industry R&D engineers have. Therefore, independent innovators would just need to be more adaptive and INNOVATIVE with resources and funding. We just need to be creative, which EVERYONE is capable of.

So, putting all these minor innovators and innovations together, it can create a social network for innovation. Everyone else seems to be exploiting social networking, Why not innovation?

Sunday

Areas for medical innovation: Telemedicine & Prevention

So, after reading a blog post about telemedicine, I learned that this has a lot of potential.

1. Telemedicine will be a powerful disruptive innovation. Doctors will not need to be physically proximal to the patients that are being screened. A technician (which is much cheaper than a doctor) can gather the data, images, scans, etc. and then upload them onto a server that a skilled doctor can analyze from the other side of the world and respond with the diagnosis. Healthcare will be more accessible. Therefore, cheaper and more portable technologies need to be developed for existing imaging tools.

2. Another area is preventive technology. A decent amount of medicine is powered by treating health problems when they arise, but a much more advantageous development would be to prevent the illness altogether (which could also potentially reduce the cost of healthcare). Research needs to be conducted on who is susceptible to certain types of preventable diseases and then technologies for these diseases geared toward the susceptible population can be developed to prevent them.


Anyway, on a different note, I find it funny (and somewhat sad) that there are these business people and professionals flaming each other in the comments section in some posts on HRB.org.

Tuesday

[Entrepreneurship] Ideas already done..

Laptop triple screen
So a few years ago, I had this idea of extending the laptop screen by having a flip out monitor or a panel that extends out. However, after telling some friends and they did some research, it was already done. One innovative idea dashed. Here are a few existing ones.


Shoe accelerometer
So, a few days ago I thought, why not put an accelerometer into a shoe and it'll know how long you ran for, how fast you went and how far you ran. The data would be very interesting to analyze such as when you started slowing down, when your form changed, etc. However, of course Nike would've already had something like this.
It's pretty cool, check it out: http://www.apple.com/ipod/nike/