Tag innovation


Innovation – Quote of the Week

Innovation – Quote of the Week

“If someone monopolizes the market for personal finance software, are you going to go after that company and dismantle it? I would contend no. Because these temporary monopolies are a prize for innovation. They’re the incentive for innovation.” – W. Brian Arthur, US economist. Business owners that enter a market which is already dominated by…

Quote of the Week: Innovation

Quote of the Week: Innovation

“For an idea ever to be fashionable is ominous, since it must afterwards always be old-fashioned.” The quote this week is by George Santayana, U.S. philosopher, essayist, poet and novelist. He makes an excellent point – think back ten years to all of the things that were at the height of fashion and they will…

Why licensing is a good business move in the current economic climate

The management of innovation is very important. Without discipline, innovation is not controlled and sculpted in a way that is beneficial to a business. The money spent on research and development has to show a return on investment – this is where innovation management comes in. Innovation lies right at the heart of all successful…

Building better relations with your customers starts at the end

Today, I want to tell you a personal story of doing new things, taking risks, being innovative and being willing to fail in the quest to create something of value for my business, the people that I know, the small business community and my customers. View the story “RARE Forum, The Drill Hall, London 3rd…

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