Archive for the 'Innovation' Category

Do You Need A Central Innovation Team?

Wednesday, March 10th, 2010

Central innovation teams are a model which have been well adopted in many industries. Pharma, for example, is typified by large development budgets which tend to be centralised in teams set up for the purpose of innovating drugs. In banking, as another example, there will regularly be many New Product Development teams who dream up new things for specific business lines. Even in Government, there is an increasing focus on central innovation in the never-ending pursuit of efficiency and cost savings.

How Electricity Is Produced From Wind Energy

Monday, February 8th, 2010

Wind energy has been used for many years as individuals have used wind power for sailing, wind mills for manufacturing and pumping water and more recently conversion into electricity using wind turbines. Wind power is a renewable energy that is considered a good option instead of burning fossil fuels. Of all the renewable energy sources it is the most efficient and you only need a light breeze to produce electricity.

The Top Five Reasons People Aren’t Making Money Inventing

Sunday, January 17th, 2010

A lack of focus: You have to be aware of your surroundings in order to have successful inventions. Don’t focus completely on inventing, but when you go through the day you need to be able to notice when you see something that could possibly be a problem to solve with an invention. I carry around a journal where I can write down my thoughts. This journal also helps tangibly remind me to think about inventing, which is what a good inventor has to be able to do.