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Scalable Innovation

A Guide for Inventors, Entrepreneurs, and IP Professionals

By (author) Eugene Shteyn, Max Shtein
Format: Hardback
Publisher: Taylor & Francis Ltd, London, United Kingdom
Imprint: CRC Press
Published: 20th Nov 2017
Dimensions: w 156mm h 234mm
Weight: 620g
ISBN-10: 1138438243
ISBN-13: 9781138438248
Barcode No: 9781138438248
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Synopsis
Innovation is a primary source of economic growth, and yet only one idea out of 3,000 becomes a successful product or service. Scalable Innovation: A Guide for Inventors, Entrepreneurs, and IP Professionals introduces a model for the innovation process, helping innovators to understand the nature and timing of opportunities and risks on the path to success. The authors apply systems thinking to discover real-life challenges, and provide tools for turning these challenges into opportunities for practical, scalable innovation.The book is organized into four sections: Prologue exposes key barriers to creativity and innovation. It provides telling examples of how years in school and at work make us accept common wisdoms that are likely to hurt our chances to create or take advantage of breakthrough innovations. Section I introduces a system model for understanding technology and solving problems. It shows how to connect the model with real-life solutions, including their reflection in patents. Section II introduces tools for thinking outside the box, considers the role of luck in success of inventions, and presents tools for flexible thinking and imagination development. Section III discusses system dynamics, including how the elements of systems evolve, creating space for invention and scalable innovation. The authors illustrate this with case studies from various industries and technology areas. They analyze several landmark innovations in detail, revealing surprising and essential elements common to all of them. This book presents simple principles that form the foundation of successful innovation, enabling practitioners to anticipate and expedite the creation of value through the guided innovation process. It outlines the most common barriers in reasoning and false beliefs about innovation that impede p

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"With Scalable Innovation, Eugene Shteyn and Max Shtein, professors at Stanford University and University of Michigan, respectively, offer a practical guide to help aspiring innovators better understand how opportunities come and go. ... They propose a model of innovation based on problem solving that reveals business opportunities. Their approach has already proven itself in Silicon Valley start-ups and is now also being replicated in large companies, where it facilitates faster innovation cycles."
-Business Digest, No. 240, 2013