Edison

Edison refers to prolific inventor Thomas Edison, symbolic of breakthrough innovation and persistent experimentation in tech development.

More Innovation Glossaries

Organizational Structure

The framework around which an organization is designated, with reporting relationships, roles, responsibilities, and authority.

Pain Points

The specific problem that motivates the search for a new solution.

Sunk Cost

A sunk cost is a cost that has already been incurred and cannot be recovered.

Top Edison Resources

Chasing Cool Ideas vs. Solving Consumer Needs - By Woody Bendle

Chasing Cool Ideas vs. Solving Consumer Needs - By Woody Bendle

Innovation is about solving customer needs, not just chasing cool ideas. Thomas Edison's focus on creating things people want, need, and are willing to buy is still relevant today, as over 60% of new-product development efforts fail to reach the market.

View
Driving Innovation With Corporate Foresight At Intel

Driving Innovation With Corporate Foresight At Intel

Innovation Rockstars Podcast interviewed John Miranda, Director of Intel’s Data Center and AI Strategy Office, discussing Moore's Law, sustainability, generative AI, and Intel's Corporate Foresight Program.

View
Five Forces of Complexity and Change

Five Forces of Complexity and Change

The Innovation Formula examines five forces of innovation: technology, science, culture, the human population, and climate change.

View
Five Industries Ripe for Innovation

Five Industries Ripe for Innovation

The top industries ripe for innovation in 2015 are aerospace, pharmaceuticals, food, higher education, and consulting.

View
Framework for Technological Innovation System

Framework for Technological Innovation System

Understanding technological innovation systems can help evaluate the structures and processes of a technological field that support and develop it.

View
Growth Through Adjacent Markets

Growth Through Adjacent Markets

Adjacent markets offer sales growth opportunities by exporting skills and capabilities, rather than products and services.

View
Innovation and technology in service of beekeeping

Innovation and technology in service of beekeeping

BeeWeb, an innovative software solution connecting beekeepers and growers, is optimizing the arrangement of beehives and increasing crop pollination for greater yields.

View
Innovation in Career Management

Innovation in Career Management

Careerpassport is a revolutionary online recruitment management system that modernizes the employment process from advertising the job vacancy to hiring with technical assistance throughout the entire process.

View
M-Pesa: The story behind the biggest mobile money service in Africa

M-Pesa: The story behind the biggest mobile money service in Africa

Nick Hughes, while working at Vodafone, developed the mobile money solution M-PESA, which is now Africa's most successful mobile money service.

View
Reinventing the Newspaper

Reinventing the Newspaper

Newspapers are struggling to survive as their traditional business model is failing. However, innovation in printing, distribution, and journalism can pave the way for a new era of custom-tailored and effective news.

View
The Imminent Failure of Business as We Know It

The Imminent Failure of Business as We Know It

Established businesses must adapt quickly or face obsolescence, as innovation is changing the way we operate. Start-ups with fresh perspectives and transparency have an advantage in this environment.

View
The importance of transformative business models for innovation: How to create one and why

The importance of transformative business models for innovation: How to create one and why

Transformative business models are crucial for innovation, and creating one can benefit an organization in terms of competitive advantage, higher returns, brand recognition, increased growth, and better productivity.

View
The Innovation Engine Podcast: Breakthrough insights from Rowan Gibson – Part 2

The Innovation Engine Podcast: Breakthrough insights from Rowan Gibson – Part 2

Rowan Gibson, author of The Four Lenses of Innovation, shares examples of companies that have challenged orthodoxies and harnessed trends in Part 2 of The Innovation Engine podcast. He also discusses the importance of leveraging resources in new ways.

View
Future Cities

Future Cities

42 Insights and Interviews with Influencers, Startups, Investors about the cities of the future.

View
Healthcare Disrupted: Next Generation Business Models and Strategies

Healthcare Disrupted: Next Generation Business Models and Strategies

Healthcare Disrupted captures this pivotal point in time to give executives and senior managers across medical companies an opportunity to step back and consider the changing landscape.

View
Leading Pharmaceutical Innovation: Trends and Drivers for Growth in the Pharmaceutical Industry

Leading Pharmaceutical Innovation: Trends and Drivers for Growth in the Pharmaceutical Industry

This book investigates and highlights a set of proactive strategies aimed at generating sustainable competitive advantage. It thereby focuses on three sources of pharmaceutical innovation.

View
Taming the Sun: Innovations to Harness Solar Energy and Power the Planet

Taming the Sun: Innovations to Harness Solar Energy and Power the Planet

How solar could spark a cleanenergy transition through transformative innovation: creative financing, revolutionary technologies, and flexible energy systems.

View