Innovation is the process of transforming an idea or concept into a functional and marketable value proposition reflecting creative opportunity.
Innovation is the process of transforming an idea or concept into a functional and marketable value proposition reflecting creative opportunity.

Similar Robert E. Davis quotes:
Other Innovation Quotes :
- In this digital age with its speed of change, any brand that refuses toinnovate will die
- The uncreative mind can spot wrong answers, but it takes a very creative mind to spot wrong questions.
- If you know one thing very well and the rest only superficially, that one thing will always appear to be more ‘unique.
- Transforming the complex to the simple is pure genius.
- The less you use your brain, the less it will be there for use when you need it.
- Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.
- Keep in mind that imagination is at the heart of all innovation. Crush or constrain it and the fun will vanish.
- There is a difference between failing and failure. Failing is trying something that you learn doesn’t work. Failure is throwing in the towel and giving up.
- Being innovative is more important than any specific innovation. Innovativeness is a way of thinking.
- If I have a thousand ideas and only one turns out to be good, I am satisfied.
- About 95 percent of new products fail.
- It takes people from the outside to change things on the inside. Innovation happens from outsiders.
- Whatever you can do, or dream you can, begin it. Boldness has genius, power and magic in it.
- If you are not annoying someone you are not doing anything new.
- You cannot make omelets without breaking some eggs.
- We must beware of needless innovation, especially when guided by logic.
- A business shines brightest when its people are working on problems bigger than themselves
- Observation is a critical activity in the innovation process to understand the context of an issue from a human perspective.
- innovative ideas will be profitable only if they are linked to what buyers are willing to pay for.