Equation #1: Innovation = Invention + Commercialization.
Equation #2: Great Company = Awesome Products + Great Execution.
Equation #3: Business Momentum = Size of Business x Speed of Growth.
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Comment: Equation 1 is highly disputable, being that major inventions are hardly commercialised before they are innovated…
My Response: “Equation 1 is highly disputable, being that major inventions are hardly commercialised before they are innovated.” that statement is outrightly wrong. Innovation means solving a problem. Invention is coming up with an idea. There is no way you can have INNOVATION without commercialization which means “solving a problem”. So, it is impossible to have innovation without commercialization and that commercialization must not be quantified in $$ or Naira, it means there is a usage which solves a problem.
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