Challenges of Innovation

Creative people are ones who are willing and able to metaphorically buy low and sell high in the realm of ideas.
The creative individual persists in the face of this resistance, and eventually sells high, moving on to the next new, or unpopular, idea.

• Incremental - Continuous Testing and Refinement. Starts from an existing product. Called also Hill Climbing (move your foot in one direction - if it is uphill, take one step. If not, change direction. Do that until the top of the peak). Con: cannot find a higher hil...

• A social infrastructure: society needs a supply of creative innovators who are willing and able to challenge their physical environment in order to better themselves.
• Social incentives: there need to be incentives in place to encourage innovation...