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Lecture 03
                         Technology Innovations
                             “I have not failed. I've just found 10,000
                                               ways that won't work.”
                                                       – Thomas Edison




Copyright © 2012, Ólafur Andri Ragnarsson
Technology




            Process by which an organization
            transforms labor, capital, material,
            and information into products and
            services of greater values
Copyright © 2012, Ólafur Andri Ragnarsson
Product Performance

      The value you get out of a
      product for which you have paid
      some cost
Copyright © 2012, Ólafur Andri Ragnarsson
Innovation
                     The change in the technology




Copyright © 2012, Ólafur Andri Ragnarsson
How does innovation happen?




Copyright © 2012, Ólafur Andri Ragnarsson
The Brilliant Scientist working in his lab




Copyright © 2012, Ólafur Andri Ragnarsson
Nikola Tesla




                                             http://en.wikipedia.org/wiki/Nikola_Tesla
 Copyright © 2012, Ólafur Andri Ragnarsson
Tomas Edison
   Menlo Park
   1876-1881




 Copyright © 2012, Ólafur Andri Ragnarsson
How does innovation really happen?




Copyright © 2012, Ólafur Andri Ragnarsson
"We take the ideas we've
                             inherited or stumbled
                       across, and we jigger them
                          together into some new
                                            shape."
                                 – Steven Johnson



Copyright © 2012, Ólafur Andri Ragnarsson
Copyright © 2012, Ólafur Andri Ragnarsson
Where good ideas come from
                               by Steven Johnson




Copyright © 2012, Ólafur Andri Ragnarsson
Chance favors the connected mind




Copyright © 2012, Ólafur Andri Ragnarsson
Ideas build upon Ideas
              Every generation of technology
              becomes a source for new
              innovations




Copyright © 2012, Ólafur Andri Ragnarsson
Web of Technology
                          Products are made using
                          different parts using many
                          technologies




Copyright © 2012, Ólafur Andri Ragnarsson
Complexity of Technology




Copyright © 2012, Ólafur Andri Ragnarsson
Toaster




Copyright © 2012, Ólafur Andri Ragnarsson
Thomas Thwaits: The Toaster Project




Copyright © 2012, Ólafur Andri Ragnarsson
Think about this
                    Why was the computer
                    invented in the 1940s
                    and not in the 1840s?



Copyright © 2012, Ólafur Andri Ragnarsson
Charles Babbage
  worked on his
  difference engine
  and later
  analytical engine
  In 1822-1871




Copyright © 2012, Ólafur Andri Ragnarsson
Ideas usually come at similar
  time




Copyright © 2012, Ólafur Andri Ragnarsson
Adjacent Possible
                          ...a kind of shadow future,
                          hovering on the edges of
                          the present state of things,
                          a map of all the ways in
                          which the present can
                          reinvent itself.
                                            Steven Johnson
Copyright © 2012, Ólafur Andri Ragnarsson
The Second Industrial Revolution
The period 1870-1914
     Innovations in the chemical, electric, petroleum and
     steel industries




 Copyright © 2012, Ólafur Andri Ragnarsson
Vacuum tubes where used
   to build computers




Copyright © 2012, Ólafur Andri Ragnarsson   Image source: http://www.computersciencelab.com/ComputerHistory/HistoryPt4.htm
Adjacent Possible
                          The inventor must use the
                          components that exist in
                          his environment



                                            Steven Johnson
Copyright © 2012, Ólafur Andri Ragnarsson
The Long Nose
   of Innovation

                             Bill Buxton’s
                             Long nose of
                             Innovation




                Source:
                http://www.businessweek.com/innovate/content/jan2008/id2008012_297369.htm
Copyright © 2012, Ólafur Andri Ragnarsson
Douglas Englebart 1965                                  Apple Macintosh 1984


Source: http://www.britannica.com/EBchecked/topic/187881/Douglas-Engelbart

 Copyright © 2012, Ólafur Andri Ragnarsson
Any technology that is going to have significant
 impact over the next 10 years is already at least
                  10 years old




                 Source:
                 http://www.businessweek.com/innovate/content/jan2008/id2008012_297369.htm
 Copyright © 2012, Ólafur Andri Ragnarsson
The 10/10 Rule
                          10 years to build a new
                          platform, 10 years for it
                          to be adopted



                                            Steven Johnson
Copyright © 2012, Ólafur Andri Ragnarsson
The Medici Effect




Copyright © 2012, Ólafur Andri Ragnarsson
The Coffee House




Copyright © 2012, Ólafur Andri Ragnarsson
The Liquid network
                          A good idea is a network.
                          Innovations happens with
                          collaboration



                                            Steven Johnson
Copyright © 2012, Ólafur Andri Ragnarsson
The importance of cities




Copyright © 2012, Ólafur Andri Ragnarsson
The Liquid network
                          Innovations happen when
                          ideas are shared




                                            Steven Johnson
Copyright © 2012, Ólafur Andri Ragnarsson
Sir Isaac Newton

Copyright © 2012, Ólafur Andri Ragnarsson
The Slow Hunch
                          A lot of ideas linger on,
                          sometimes for decades,
                          in the back of people’s
                          minds


                                            Steven Johnson
Copyright © 2012, Ólafur Andri Ragnarsson
What do the following products have in
                           common?




Copyright © 2012, Ólafur Andri Ragnarsson
Post-it notes          Viagra
LSD




                                                             Teflon

Copyright © 2012, Ólafur Andri Ragnarsson       Penicillin
Serendipity
                          The accident of finding
                          something useful or good
                          without looking for it



                                            Steven Johnson
Copyright © 2012, Ólafur Andri Ragnarsson
"In the fields of observation
                                chance favors only the
                                        prepared mind”
                                          - Louis Pasteur




Copyright © 2012, Ólafur Andri Ragnarsson
Adjacent possible
                                            Liquid network

    The Slow Hunch
                                                10/10 Rule
    Serendipity
Copyright © 2012, Ólafur Andri Ragnarsson
NEXT
                        Evolution of Technology




Copyright © 2012, Ólafur Andri Ragnarsson
THINK ABOUT THIS
                            What will be the major
                           technology innovation in




                             2012
Copyright © 2012, Ólafur Andri Ragnarsson

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New Technology 2012 Lecture 03 - Technology Innovation

  • 1. Lecture 03 Technology Innovations “I have not failed. I've just found 10,000 ways that won't work.” – Thomas Edison Copyright © 2012, Ólafur Andri Ragnarsson
  • 2. Technology Process by which an organization transforms labor, capital, material, and information into products and services of greater values Copyright © 2012, Ólafur Andri Ragnarsson
  • 3. Product Performance The value you get out of a product for which you have paid some cost Copyright © 2012, Ólafur Andri Ragnarsson
  • 4. Innovation The change in the technology Copyright © 2012, Ólafur Andri Ragnarsson
  • 5. How does innovation happen? Copyright © 2012, Ólafur Andri Ragnarsson
  • 6. The Brilliant Scientist working in his lab Copyright © 2012, Ólafur Andri Ragnarsson
  • 7. Nikola Tesla http://en.wikipedia.org/wiki/Nikola_Tesla Copyright © 2012, Ólafur Andri Ragnarsson
  • 8. Tomas Edison Menlo Park 1876-1881 Copyright © 2012, Ólafur Andri Ragnarsson
  • 9. How does innovation really happen? Copyright © 2012, Ólafur Andri Ragnarsson
  • 10. "We take the ideas we've inherited or stumbled across, and we jigger them together into some new shape." – Steven Johnson Copyright © 2012, Ólafur Andri Ragnarsson
  • 11. Copyright © 2012, Ólafur Andri Ragnarsson
  • 12. Where good ideas come from by Steven Johnson Copyright © 2012, Ólafur Andri Ragnarsson
  • 13. Chance favors the connected mind Copyright © 2012, Ólafur Andri Ragnarsson
  • 14. Ideas build upon Ideas Every generation of technology becomes a source for new innovations Copyright © 2012, Ólafur Andri Ragnarsson
  • 15. Web of Technology Products are made using different parts using many technologies Copyright © 2012, Ólafur Andri Ragnarsson
  • 16. Complexity of Technology Copyright © 2012, Ólafur Andri Ragnarsson
  • 17. Toaster Copyright © 2012, Ólafur Andri Ragnarsson
  • 18. Thomas Thwaits: The Toaster Project Copyright © 2012, Ólafur Andri Ragnarsson
  • 19. Think about this Why was the computer invented in the 1940s and not in the 1840s? Copyright © 2012, Ólafur Andri Ragnarsson
  • 20. Charles Babbage worked on his difference engine and later analytical engine In 1822-1871 Copyright © 2012, Ólafur Andri Ragnarsson
  • 21. Ideas usually come at similar time Copyright © 2012, Ólafur Andri Ragnarsson
  • 22. Adjacent Possible ...a kind of shadow future, hovering on the edges of the present state of things, a map of all the ways in which the present can reinvent itself. Steven Johnson Copyright © 2012, Ólafur Andri Ragnarsson
  • 23. The Second Industrial Revolution The period 1870-1914 Innovations in the chemical, electric, petroleum and steel industries Copyright © 2012, Ólafur Andri Ragnarsson
  • 24. Vacuum tubes where used to build computers Copyright © 2012, Ólafur Andri Ragnarsson Image source: http://www.computersciencelab.com/ComputerHistory/HistoryPt4.htm
  • 25. Adjacent Possible The inventor must use the components that exist in his environment Steven Johnson Copyright © 2012, Ólafur Andri Ragnarsson
  • 26. The Long Nose of Innovation Bill Buxton’s Long nose of Innovation Source: http://www.businessweek.com/innovate/content/jan2008/id2008012_297369.htm Copyright © 2012, Ólafur Andri Ragnarsson
  • 27. Douglas Englebart 1965 Apple Macintosh 1984 Source: http://www.britannica.com/EBchecked/topic/187881/Douglas-Engelbart Copyright © 2012, Ólafur Andri Ragnarsson
  • 28. Any technology that is going to have significant impact over the next 10 years is already at least 10 years old Source: http://www.businessweek.com/innovate/content/jan2008/id2008012_297369.htm Copyright © 2012, Ólafur Andri Ragnarsson
  • 29. The 10/10 Rule 10 years to build a new platform, 10 years for it to be adopted Steven Johnson Copyright © 2012, Ólafur Andri Ragnarsson
  • 30. The Medici Effect Copyright © 2012, Ólafur Andri Ragnarsson
  • 31. The Coffee House Copyright © 2012, Ólafur Andri Ragnarsson
  • 32. The Liquid network A good idea is a network. Innovations happens with collaboration Steven Johnson Copyright © 2012, Ólafur Andri Ragnarsson
  • 33. The importance of cities Copyright © 2012, Ólafur Andri Ragnarsson
  • 34. The Liquid network Innovations happen when ideas are shared Steven Johnson Copyright © 2012, Ólafur Andri Ragnarsson
  • 35. Sir Isaac Newton Copyright © 2012, Ólafur Andri Ragnarsson
  • 36. The Slow Hunch A lot of ideas linger on, sometimes for decades, in the back of people’s minds Steven Johnson Copyright © 2012, Ólafur Andri Ragnarsson
  • 37. What do the following products have in common? Copyright © 2012, Ólafur Andri Ragnarsson
  • 38. Post-it notes Viagra LSD Teflon Copyright © 2012, Ólafur Andri Ragnarsson Penicillin
  • 39. Serendipity The accident of finding something useful or good without looking for it Steven Johnson Copyright © 2012, Ólafur Andri Ragnarsson
  • 40. "In the fields of observation chance favors only the prepared mind” - Louis Pasteur Copyright © 2012, Ólafur Andri Ragnarsson
  • 41. Adjacent possible Liquid network The Slow Hunch 10/10 Rule Serendipity Copyright © 2012, Ólafur Andri Ragnarsson
  • 42. NEXT Evolution of Technology Copyright © 2012, Ólafur Andri Ragnarsson
  • 43. THINK ABOUT THIS What will be the major technology innovation in 2012 Copyright © 2012, Ólafur Andri Ragnarsson

Editor's Notes

  1. 1856 –1943Serbian mathematicianEmigrated to America in 1884Inventions: Alternating current motors, radio, radar, x-rays, vacuum tubes, remote control
  2. 1847- 1931The phonograph, the motion picture camera, and a long-lasting, practical electric light bulb. Worked for Western UnionMenlo Park in New York (1876–1881)quadruplextelegraph, lighingsysmtes
  3. Timothy Prestero, CEODesign that matters
  4. 1642-1727