The fundamental characteristic of a modern market price is Not, But
innovation ... .... ... ... The Technological superiority
best technology wins, the second best Loses.
The key feature of the modern market is not price but innovation
... technological superiority ...
the best technology wins, the second lost.
Innovation is as much an attitude of mind as a scientific or
Exercise Practical Innovation is both a mental attitude as a practical or scientific
(Sir Paul Girolami, Chairman, Glaxo)
The technology usually is linked to human intervention to transform their environment and how desirable improvement. This involves the analysis of needs or problems in a company or firm and the search for the best alternative, which may be a product, process or infrastructure. Likewise, innovation is linked with technology as providing new ideas and innovative approaches necessary for technological advancement in the progress of a society.
Normally, when development activities are advanced technology or innovation is common to think of solving a problem or need and how technological advances will solve the problem. However, this process does not always come on with that order and sometimes the first is the "solution" without knowing its implementation immediately.
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The classic example is the laser. When it was developed in 1960 was named as a "solution in search of a problem." Wikipedia defines the laser as follows:
A laser (acronym for LASER: Light Amplification by Stimulate Emission of Radiation, light amplification by stimulated emission of radiation) is a device that uses an effect of quantum mechanics, induced or stimulated emission, to generate a coherent beam of a suitable medium and the size, shape and purity control. Honestly, the definition does not say much, but the truth is that applications ranging from medicine (many surgeries) to entertainment (DVD, lights, etc.), passing many manufacturing processes that use this technology. This case dramatically illustrates how sometimes technological developments are held back or are underestimated because they are far ahead of its time or simply there is no one visionary who can find a practical application.
Currently, Microsoft developed a technology called Microsoft Surface computer is defined as a 'multi-touch' that responds to hand gestures and helps people to interact with digital content in a simple and intuitive. Definitely seeing it is best understood by describing and to know exactly who is best visit (http://www.microsoft.com/surface/pages/product/WhatIs.aspx).
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The thing about this technology is that costs 10,000 pounds (about 35 million pesos approx.), Which motivates us to think that could have applications or "needs" could cover for someone willing to buy it. For now applications you have are the same computer can provide a normal or an Iphone, so an investment of this magnitude is not fully justified. So if anyone knows of any 'problem' that can be solved with this technology can present it to Microsoft, and who knows, maybe they could partner with Bill Gates and enter through the front door in the computer world.