Posts Tagged ‘innovation’

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    Another Amazing Entrepreneur

    Oct 17, 11 • 340 Views • No Comments

    From this WSJ description of Jeff Bezos, you can tell he is an amazing entrepreneur. The article is wonderful. Here are some of the facts: Named Cadabra until someone accidentally called it “cadaver,” Amazon was launched in Seattle on July 16,...  [read more]

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    Steve Jobs Quotes

    Oct 6, 11 • 364 Views • No Comments

    “I’m one of those people who think that Thomas Edison and the light bulb changed the world a lot more than Karl Marx ever did.” (From Insanely Great, p. 26) “It’s not the consumers’ job to know what they want.” (NY...  [read more]

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    Steve Jobs and Joseph Schumpeter

    Aug 27, 11 • 619 Views • No Comments

    Henry Ford once said that consumers would have requested “a better horse” if he had asked them what to produce. Similarly, Steve Jobs told a reporter, “It’s not the consumers’ job to know what they want.” The result? For...  [read more]

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    When Are Potato Chips Good For Us?

    Aug 26, 11 • 292 Views • No Comments

    Potato chip manufacture is a technological marvel. During one year, in one typical factory, the chips in 80 million bags of Lay’s Potato Chips started as potatoes that were picked and plunked into railroad cars, funneled out for washing and processing...  [read more]

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    Song Rights

    Aug 20, 11 • 368 Views • No Comments

    When do we own what we create? It depends. For Bruce Springsteen and Billy Joel, hit albums controlled by record companies might soon become theirs again. During the mid-1970s, the Congress decided that after 35 years, a musician could regain the copyright...  [read more]