Author Archives: Peter Doyle

The Black Holes of Innovation

Black Holes are powerful enough to prevent light escaping, thus they are hard to detect. They form when massive stars collapse at the end of their life cycles and the power of their gravitational field sucks in anything within range. Corporate innovation has a lot in common with Black Holes.

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Unacceptable Face of Innovation

Innovation in medicine, material science and many other areas has made life better for many people. But there is another side to innovation that is rarely discussed. Many innovations are designed to be labor saving. With the world population increasing labor saving innovation can only eventually lead to economic collapse and social unrest.

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A New Era in Innovation?

When Congress passed the JOBS Act early this year, included in the Bill was a mechanism to allow for funding of early start ups by Crowdsourcing. The Securities and Exchange Commission is charged with modifying the existing SEC regulations related to investing to allow Joe Public the opportunity to get in on the ground floor of start ups. Online sites will offer the general public the opportunity to buy shares in promising technologies and services.

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It's Like Free Money

For businesses big and small, entrepreneurs and investors it amounts to the closest thing in innovation to free money. Billions of dollars have been spent by these Federal Laboratories creating technologies, and by law they have to commercialize them.

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My Favorite Clayton Christensen Talk

Sunday is a do nothing day for me. So I usually spend the time browsing my Linked-In groups to see if there is anything of interest going on. Earlier this month a presentation was posted on one of the groups. It was given by Professor Clayton Christensen of the Harvard Business School. His presentation was an hour long and given to IT CEOs. It was the most useful and informative hour I have spent in a very very long while.

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Innovation in the Old Economy?

The statistics are stark according to Forbes magazine the US is losing 50,000 manufacturing jobs per month, over 42,000 factories have closed down since 1999 and some 44 million Americans rely on food stamps.  I have driven through towns like Dayton Ohio, block after block of boarded up buildings, ghost towns where once there were families and businesses.  The panacea ...

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