Friends,
This looks like a innovative discussion. The way discussion was proceeding trigerred me to do some R&D by not investing anything but my time and energy and I googled certain words like innovation, creativity etc.. to understand it in detail.
What I perceived is that Ms. Archna is right that all innovations require R&D and I think Mr. Sarang is saying again and again about investments in R&D. I was also puzzled for quite sometime...
There was an information in Wikipedia. It says that all breakthru innovations require lot of investments before bringing it to the market. And there are incremental innovations which we bring using our experiences, these innovations are more related to processes.
Consider an example of the old days when a human being must have imagined of using a wooden stick as a lever to roll a heavy stuff from one place to another. His/her brain must have done the research and experimented before finding it out that longer stick is more usful for than the smaller ones. Later, we called it 'Lever'... and again later with researches and sicentific innovations - use of 'force', fulcrum etc developed many concepts in this area.
Secondly, even if we take Dell as example, the innovator has done researches in terms of finding the market and understanding it, then research for IBM circuites, how it can be assembled, what cost is associated (else why people should buy it), available products in markets etc etc. Without a research how he could do all this, may be he has not invested heavily on this, but yes there has to be some research which may not be higly systematic and scientific research (the research method Mr. Sarang explained earlier)
Thirdly, if we talk about innovations in terms of processes, say HR processes for example. If HR manager has some innnovative idea for enhancing or changing any process, there would be some research to be done like where is the market, what are the pros & cons of the new process on its employees etc. It is another thing that our conscious mind may not consider and use systematic way of scietific researches, but we do research primarily (with investment or without investment is the secondary thing)
Please criticize it and give your views.
BTW well discussed by the members, more views are welcomed.
Regards,
Rahul