Innovators are MADE? Or BORN?

Today, I have come up with such an article which would probably make you think for a little while…

Do you think innovators are made or born?
One thing is for sure that everyone might think that “innovators are the talented and intelligent people who do not need to study and also, they need to be born with in order to be an innovator later in life”.

Caution…Read the following CAREFULLY!!!
According to the study conducted by the Economics Department of BankBoston, MIT or Massachusetts Institute of Technology is being an INSTRUMENT in generating NEW BUSINESSES NATIONWIDE. [1] Their objective is to provide high quality education with the strong emphasis on scientific and technological research. [2] Over the years the MIT has delivered many GRADUATES who have established multi-million dollar companies and contributed in various INNOVATIONS. Most of the MIT-related companies have a major presence in the San Francisco Bay Area (Silicon Valley). The 4000 MIT related companies employ 1.1 million people and have annual world sales of $232 billion. That is roughly equal to a gross domestic product of $116 billion, which is a little less than the GDP of South Africa and more than the GDP of Thailand. [3] MIT have enrolled such innovators as, William R. Hewlett who’s the founder of Hewlett-Packard Co, Kenneth H. Olsen, founder of Digital Equipment Co, Robert N. Noyce of Intel Corp, William Emery Nickerson of Gillette Co and many others.
The bottom line of the abovementioned evidence is to prove that many of the BIG INNOVATORS ARE MADE, not BORN…
Would you agree with my statement? If you are not, please state your reasons.

References:
[1] http://alumni.iranmech.com/doc/MIT-The%20Impact%20of%20Innovation.pdf
[2] http://en.wikipedia.org/wiki/Massachusetts_Institute_of_Technology
[3] http://en.wikipedia.org/wiki/Economy_of_South_Africa
http://en.wikipedia.org/wiki/Economy_of_Thailand

Latest Innovations...(0_0)

What is Innovation???

As outlined by Smith (2006, page 6) an innovative idea does not necessary need to be a brand new invention, an innovative idea can be how you adapt or use an invention to make your business better; “innovation involves exploiting inventions so that they can be traded in our market place… innovation is about bringing inventions out of the workshops and getting them ready for the market. Only when something new is available to consumers in the market or is being produced in a new way, has innovation occurred.”

Smith, D. (2006) Exploring Innovation, McGraw-Hill, Maidenhead, Berkshire


Why to Innovate???
Firms in the 20th century are always on the process to research and develop, to add value to the products and services that they offer to their customers, so as to CREATE sufficient COMPETITIVE ADVANTAGE to allow them to stay in the relevant industries.

Innovation is indeed one of the most challenging aspects of evolution. It is mammoth and diverse. Companies like Google, Amazon.com, Wal-Mart, GE, McDonalds and Apple Inc are some of them...To make the topic more interesting!!!I would like you guys to Give Examples Of Companies And Their Most Recent Innovations!!!

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