Innovation As A Basis For Invention

 In this section consideration will be given to the following areas:

        - introduction

        - a savvy entrepreneur needs nothing more than the Internet and some good ideas

        - disruptive innovations are most likely to succeed

        - some earlier technological changes have been very disruptive

        - new technology will create jobs

        - many of the emerging business models do not fit into the existing regulations

        - other examples of disruptive technology impacts include Kodak and Swiss watch industry

        - predictability involves understanding what caused what and why

        - most product development efforts fail commercially

        - initial conditions for successful growth