new technology 2012 lecture 03 - technology innovation
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Copyright © 2012, Ólafur Andri Ragnarsson
Lecture 03Technology Innovations
“I have not failed. I've just found 10,000 ways that won't work.”
– Thomas Edison
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Process by which an organization transforms labor, capital, material, and information into products and services of greater values
Technology
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The value you get out of a product for which you have paid some cost
Product Performance
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The change in the technology
Innovation
How does innovation happen?
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The Brilliant Scientist working in his lab
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Copyright © 2012, Ólafur Andri Ragnarssonhttp://en.wikipedia.org/wiki/Nikola_Tesla
Nikola Tesla
Menlo Park1876-1881
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Tomas Edison
How does innovation really happen?
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"We take the ideas we've inherited or stumbled
across, and we jigger them together into some new
shape." – Steven Johnson
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Where good ideas come from by Steven Johnson
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Chance favors the connected mind
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Ideas build upon Ideas
Every generation of technology becomes a source for new innovations
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Web of TechnologyProducts are made using different parts using many technologies
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Complexity of Technology
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Toaster
Thomas Thwaits: The Toaster Project
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Think about thisWhy was the computer invented in the 1940s and not in the 1840s?
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Charles Babbageworked on his difference engineand later analytical engineIn 1822-1871
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Ideas usually come at similar time
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Adjacent Possible...a kind of shadow future, hovering on the edges of the present state of things, a map of all the ways in which the present can reinvent itself.
Steven Johnson
The period 1870-1914Innovations in the chemical, electric, petroleum and steel industries
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The Second Industrial Revolution
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Vacuum tubes where used to build computers
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Adjacent PossibleThe inventor must use the components that exist in his environment
Steven Johnson
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Source: http://www.businessweek.com/innovate/content/jan2008/id2008012_297369.htm
Bill Buxton’s Long nose of Innovation
The Long Nose of Innovation
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Source: http://www.britannica.com/EBchecked/topic/187881/Douglas-Engelbart
Douglas Englebart 1965 Apple Macintosh 1984
Any technology that is going to have significant impact over the next 10 years is already at
least 10 years old
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Source: http://www.businessweek.com/innovate/content/jan2008/id2008012_297369.htm
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The 10/10 Rule10 years to build a newplatform, 10 years for itto be adopted
Steven Johnson
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The Medici Effect
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The Coffee House
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The Liquid networkA good idea is a network. Innovations happens with collaboration
Steven Johnson
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The importance of cities
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The Liquid networkInnovations happen when ideas are shared
Steven Johnson
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Sir Isaac Newton
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The Slow HunchA lot of ideas linger on, sometimes for decades, in the back of people’s minds
Steven Johnson
What do the following products have in common?
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LSDPost-it notes Viagra
Teflon
Penicillin
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SerendipityThe accident of finding something useful or good without looking for it
Steven Johnson
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"In the fields of observation chance favors only the
prepared mind”- Louis Pasteur
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Adjacent possible
Liquid network
The Slow Hunch
10/10 RuleSerendipity
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NEXTEvolution of Technology
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THINK ABOUT THISWhat will be the major
technology innovation in
2012
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