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The Art of Invention

The Creative Process of Discovery and Design

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The Art of Invention
The Creative Process of Discovery and Design
  • Blog

    The business of innovation (part 2)

    BySteven Paley 2011/05/042025/12/28

    Sustained innovation in a business is a rare thing. When large corporations such as IBM and AT&T were virtual monopolies, they could lavishly fund innovation at places like “Yorktown Heights” or “Bell Labs” which did not contribute to immediate profitability. When push comes to shove in tough economic times, that funding is the first to…

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  • Blog

    The business of innovation (part 1)

    BySteven Paley 2011/04/222025/12/28

    Business and innovation. Now there are two words that seem to go together. You would be hard-pressed to find a business that doesn’t preach innovation to its employees, customers, and shareholders. There is, however, a much different reality. While most businesses preach innovation, their actions belie their words. In truth, most well established businesses run…

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