Why does innovation fail

Author: (English) Franklin
Publisher:
Publish Date: 2005-01-01
Features: The new idea sounds theoretically great, but very few are feasible, and even fewer achieve success in business. After carefully reading this book, you will feel like sifting through the wheat from the chaff when facing a myriad of ideas in the modern world. Looking back at past failures is the key to success. This book is thought-provoking and essential reading for anyone who aspires to succeed—it will help you become an outstanding investor. Filled with numerous reviews, quotes, witty remarks, and observations, it inspires innovators to explore the reasons behind both their failures and successes. The book lists the various obstacles in the process of successful innovation and uses real-life examples to show how determined individuals overcome these challenges to achieve success. It provides an incisive analysis of historical events, revealing how inadequate planning led to significant risks and catastrophic disasters. The book is entirely focused on the underlying principles of innovation and the questions innovators often face during the process. It does not tell you how to develop products, secure funding, or file patents, nor does it guide you on creating an environment where innovation can thrive and flourish. However, it offers additional ideas, deeper insights, and many questions that should be considered before embarking on innovation.