Posts Tagged ‘innovation’

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    Steve Jobs and Joseph Schumpeter

    Aug 27, 11 • 729 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 • 330 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 • 426 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]

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    Patent Troll Protection

    Aug 17, 11 • 430 Views • No Comments

    We spray “OFF!” for insect protection, divers use shark repellent, and now, Google has purchased Motorola to resist patent trolls. Described in an NPR This American Life podcast, patent trolls purchase multiple patents with the intent of suing any......  [read more]

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    Geography Matters

    Apr 15, 11 • 350 Views • No Comments

    According to Harvard economist Ed Glaeser, big US cities deserve our attention. Rather like a ripple, first, as ports, they attracted commerce. Commerce led to more affluence. The affluence brought more people. The people wanted better education. Better......  [read more]