Druck's Seven Sources of Innovation and Four Innovation Strategies
Why do some people want to become entrepreneurs to make money? Because they want to beat the market by achieving returns that exceed the market at a cost lower than the market. The price exceeding the market comes from scarcity/uniqueness; to be unique, one must innovate, and entrepreneurs must be innovators. How to innovate? Drucker has the answer.
Revolution in the Valley: The Birth of the Mac Through an Employee's Eyes
The narrative captures the transformative journey of Apple Computer through the lens of insider Andy Hertzfeld, highlighting the innovative spirit and engineering breakthroughs that led to the creation of the Mac and reshaped the tech industry.
The Inadequate Equilibrium: How Systems Fail and Where Opportunity Hides
Exploring the concept of inadequate equilibrium and its implications for innovation and opportunity in various sectors, including healthcare and technology.
Why Do Startups Have to Innovate?
Innovation is the key for startups to stand out in a highly competitive market. Through differentiation, network effects, and monopoly profits, startups can effectively avoid homogeneous competition and achieve sustainable growth.
Why Take Niche-and-Next Approach to Cross the Chasm?
Capturing the mainstream market requires an initial focus on niche segments, ensuring customer satisfaction and building a reputation as a market leader. This strategic approach outlines how tech companies can effectively transition from early adopters to the broader audience.