Innovation Vs. Invention – My Perspective

GTU Symposium , Ahmedabad

28th Mar 2015

Pradip Subramaniam

Founder and Director

Growtech Innovations India

Private Limited , Bangalore

Innovation Versus Invention – My Perspective

Invention Versus Innovation

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Knowing Unknowns

The Valley of Death

Gerald Adolph (Booz Allen & Hamilton) provided an elaboration: The Valley of Death is seen when the amount of money you’re starting to ask for &the bill starts to add up to the point where management says, ‘What are you guys up to, what are you doing, and what am I going to get out of it?’ But yet it is sufficiently early in the process that you don’t feel you can answer that question. If you are fortunate enough that the questions come when you have an answer, you, in fact, have scooted over the Valley. If not, you are squarely in that Valley

http://www.atp.nist.gov/eao/gcr02-841/chapt2.htm#fig3

The Darwinian Sea

http://www.atp.nist.gov/eao/gcr02-841/chapt2.htm#fig3

The technologist is deeply invested in a vision of what could be. The investor/manager knows about the process of bringing new products to market, but may have to trust the technologist when it comes to technical particulars of the project in question. The less the technologist and investor/manager trust one another the less they can communicate effectively, the deeper is the Darwinian Sea between invention and innovation.

Uncertainty &Risks …

https://www.youtube.com/watch?v=GiPe1OiKQuk

Opportunity & State of Art

https://www.youtube.com/watch?v=kFh3Q2eOZ1U

Understanding TRL

Idea Fit – Business Context

Risk types – Take a holistic view

Technology Push & Marketing Pull

Technology Insertion

Speed Invention to Innovation

Changing the way you think

The DNA of an innovator

The Innovator Needs Six HATS

Discovery & Delivery skills

The 3Ps

Leveraging Invention better

for Innovation

https://www.youtube.com/watch?v=SQIHEovCNJY

I2M – Idea to Market

Difficult to judge

Bladeless Fan Innovation Yes -

Invention do we know the pain

Something on me and my past

http://www.pradip-subramaniam.branded.me/#54ff32e05b100f00038b3eb8

Something on my Skill Set

Something on my Startup in

Innovation Space

Something on my Startup in

Innovation Space

Something on my Startup in

Innovation Space Partnering with you

Something on my Startup in

Innovation Space

Business Verticals

Something on my Startup in

Innovation Space

http://www.seefeelchange.com/video/how-problems-should-be-approached/

Than

ks