Topics / Great ideas and Innovations

Great ideas and innovations.

Since ancient times people have been inventing things that changed their lifes and made them more pleasant and comfortable.

But only few of us know names of those who developed a first computer or produced a first hand-held electronic calculator or sold a first mobile telephone.

The business world is not kind to pioneers. Even if you know how a market will developed, timing is a matter of luck or of quite exceptional skill. Innovation is rarely a source of competitive advantage on its own. But we can’t say that there is no role in for the great innovator with great idea. For example, the imagination of Walt Disney created a company that is still without parallel or rival.

So we can firmly say great ideas is are one of the main parts in progress of our life and it also could bring money. Great ideas bring great money. Great ideas are generated in different ways. Sometimes an idea may simply be when the company tries to satisfy the customers’ needs or improve its own choice to existing customers or a great idea could allow a company to enter a market which was closed to it before. Some products may be developed in response to customer research. They come from customer ideas. These products meet a real need or the product does something similar do another product, but faster, so it saves a time and so on. There are really many ways to do that. But who and how exactly generate such lovely ideas?

Of course companies of research and development are usually founded at the base of university science such like as Oxford, Harvard, Priestone and others. These companies write business plan to raise the investments – the cash that you need to start business. They also find people to manage the new company and recruit a staff of scientists to work.

In conclusion I want to say such thing that great idea is only 10 percent of success and other 90% is hard working for this idea of many people.