Five Ways Great Innovative Ideas Emerge

Five Ways Great Innovative Ideas Emerge
Innovation is the engine that refreshes the world of commerce, industry and governance. It underpins the whole system of evolution and revolution in business processes, enabling organizational mutation and adaptation where necessary. Innovation provides new basis of competition in markets, disrupting empires and traditional economic orders. In this piece, I take an excursion to understand how people, firms and governments could institutionalize innovation. Innovation begins with ideas, which are then put into production, impacting markets and economies. Relying on some great designers and inventors – Steve Jobs, Thomas Edison, Einstein, Wright brothers, Isaac Newton and Henry Ford – I explain…
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