Friday, March 26, 2010

innovation and invention

there has long been a question yet to be truly answered;

how different is innovation from invention?

have a glance at the following stories:

  1. i have invented a new engine which consumes 10 liters of oil and produces 2 horse power
  2. i have invented a new engine which consumes 0.2 liter of oil and produces 100 horse power

both are inventions and i am an inventor but in which case am i an innovator?


yes innovation must creates value and eliminates existing waste or simply it must render positive change in the existing status of something

Thursday, March 25, 2010

strategy and innovation

strategy is all about competitive supremacy
innovation is all about value novelty

thus strategy and innovation is all about rendering novel value to gain supremacy in a competitive environment. with this introduction i start blogging and developing the stream of information in this blog.

i am going to update my blog every two weeks or once a month on the regular basis of reading and reviewing top journal article and global leading research works in this filed

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