Tuesday
Jun222010

Downtown Albany Business Improvement District

Return of the Native: A 50 Year Retrospective

 

A Little Bit of Albany Nostalgia

 

Tribeca at 10

(constant need to innovate)

 

The Future is About Innovation


 

Many Types of Innovation

 


 Three Key Strategic Resources for United States


- "AAA" rating

-World's Reserve Currency

-English is the Language of Business and Science

 

All three are at risk, but is there a fourth?

 


 

 

    DISRUPTIVE INNOVATION

 

"less is less but good enough"


cheaper, simpler, inferior products, activities or services  for non-consumers that are good enough to get the job done

 

 

 

 

 

 

 

 

Disruptive Innovation as a Twenty First Century Resource

 

 

 

Then:  1960

 

 

 Uncle Jim Fisk: Who wants to make a squiggle?

 


Nancy G I was on the Freddie Freihofer Show twice, once on my birthday and once on my sister's birthday. I was called on to do a squiggle and I was one of those obnoxious kids who wanted Freddie to make the squiggle into "You!" So he made it into a witch with a big nose. I remember sitting behind the birthday cakes, but my mother didn't buy one because she always made all our cakes.
Wasn't the Romper Room show also locally produced?
April 7, 2009 at 11:47pm 

 

 

 

 

 

NOW: 2010

 

 

 

 

 

 

 

 

Lesson #1: We Now  Live in an Interconnected, Networked  World

 

 

  Metcalfe's Law: Value of Network=  N Squared

(the number of possible connections is the square of the number of nodes)

 

 

 

 

Change Is the Only Constant; Change Is Fast; Change Is Hard

 

 

 

Innovation is Change

 

 

Innovation is Like a Bus

 

 

 

 

Lesson #2:  Get On the Bus, Get Off the Bus-- Just Don't Get in From of the Bus 

 

 

 

To Successfully Compete in the Twenty First Century:   Innovation, Innovation, Innovation

 

 

The Ingredients of Innovation :  Ideas, Invention, Internet, Investment

 

 

 

Is there a innovation framework for predicting success?  Disruptive Innovation

 

 

Guess Who Owns Underlying Patents for Google?

 

 

 

 

 

Interlude:  The Stanford Model (Office of Technology Licensing  "OTL" )

 

 

 

 

 

 

 

Is Innovation a Teachable, Scalable Skill?

 

-Theory

 

-Application

 

 

The Formula: Disruptive Innovation 2.0.1

 

 

Looking at Disruptive Innovation Through a Series of Lenses

 

First Lens

 

- original theory of "Disruptive Innovation"

(Christensen '98  "Innovators Dilemma")  no internet mentioned

 

  Next Lens

 

  -Connection Technologies

                                  (facebook, twitter, wireless, the cloud, 5 billion smart phones, magic jack)

 

 

Next Lens

 

 

-Cathedral and Bazaar (Eric Raymond 1997)

 

Linux, wikipedia

"with enough eyeballs , all bugs are shallow"

"distributed problems require distributed solutions"  (BP?)

Cathedral and Bazaar can apply to almost anything

 

 Next Lens

 

 

-Threshold Resistance (Taubman 1948)

 

(to get people into the store, bring the door to the sidewalk)

 

    Next Lens

 

-Modularity

Component Innovation/ Linkage Innovation (Captain Terry Pierce 2005)

 

Custers Last Stand (left home the 4 Gattling guns)

 

(ipod/ipad v apps v itunes)

 

a painting is a component, an exhibition is a linkage

 

 

Disruptive Innovation 2.0 Works Across Many Domains

 

technology, healthcare, education, green initiatives, politics, culture, art, social problems ($10 mosquito net)

 

 

Future of Downtown/Capital District/Region

 

Refine the Brand(s)

 

The Capital Region Educational Network

 

Think Stanford OTL!  Leverage the University System-- connect it !!!!

 

What Are the Jobs to be done?

 

place to live, place to work, place to visit, public sphere

 

a place to integrate the physical and digital experience -

 

THINK PHYGITAL

 

Tribeca 10 years later

Media Platfroms

For Profit Education

 

 

Albany 50 years later

 

artists, inventors, entrepreneurs, creatives, digital natives, wireless, video game developers--

 

Leap of Faith

 

 

they'll provide the creative capital and a sense of commnunity- you provide the infrastructure

and support

 

 

components, help provide the linkages-- a painting is a component, an art exhibit is a linkage

Cathedral (the mall) or Bazaar (festiva)l-- THINK BAZAARDRAL

 

Provide Linkages for Creative Ecosystem

 

The City of Creative Capital

 

 

 

Engineer Corp

 

Bankers Corp

 

Accountants Corp

 

Teach for America

 

Innovation.  Change.  Disruption.  Close your eyes and think about these words.  How does each word make you feel?  Innovation implies change.. For some people, change is hard.  But to paraphrase General Shinseki: if you dislike change you’ll dislike irrelevance even more.  Innovation on the other hand for some is exhilarating and others threatening.  Likes and dislikes.  This book is not about the like or dislike of anything; but is about a rather it is an effort to examine the impact of technological innovation on our futures.  It is a book about possibilities. 

In doing so we have borrowed an epic idea, disruptive innovation theory, fathered by Harvard Professor Clayton Christensen in the late 1990’s that was published first as an essay, Disruptive Technologies: Catching the Wave, in 1995.  In 1997 Christensen slightly revised his theory and published it as a best-selling book entitled Innovators Dilemma.  The revision: “disruptive technologies” was replaced by the concept of “disruptive innovation”. He reasoned that technologies themselves are not disruptive; their usage or applied business model is what creates the disruption.
In order to proceed we discovered that we might have to make a few modifications to his original theory to “bring forward” his framework to adjust for the second wave: the historically unprecedented technological change relating to the internet and general connectivity (the word internet does not appear in the original book Innovators Dilemma. introduced a few updates, flourishes and thought experiments (in consultation with Professor Christensen), and have “regifted” to him a reformulation of his original theory for his further consideration.  Ours is but one of many possible reformulations and hence we refer to our update/version as disruptive innovation 2.0.1.

 
The original theory was brilliant lens to explain and predict typically applied to industrial and commercial products or As Clay (we hereinafter refer to him as such) has begun applying his basic to other With his encouragement we have taken disruptive innovation theory
 
Harnessing  fire, invention of the wheel, the stirrup, the longbow, the printing press, the steam engine, the automobile, television, the internet.  Technologies themselves are not intrinsically disruptive but their general usage-tactical or strategic- and their related “business” models are.  This realization was the primary revision in thinking from an original originally article entitled Disruptive Technologies: Catching the Wave published by Professor Clayton Christensen first published Innovators Dilemma in 1998 officially presenting to the world the theory of disruptive innovation, the word internet did to appear in the book.

 

 Disruptive innovation theory has been suggested by some as the biggest idea to come along since Thomas Kuhn;s paradigm shift in the early 1960’s.  Furthermore in 1998 broadband penetration in the U.S. was barely 2 million households.  Mobile internet, pervasive connectivity including all types of devices such as smart phones, pda’s, ipods, ipads and kindles let alone search’s category killers google and  youtube, social media such as Facebook and Twitter (collectively coined in 2010 as “connection technologies” by the State Department’s young  e-diplomacy guru Jared Cohen) had yet to be perceived or even conceived for their vast disruptive potential.  
At around the same time as Christensen’s Innovator’s Dilemma, a computer hacker named Eric Raymond published an essay entitled Cathedral and the Bazaar that crisply articulated the improbable success of meta-geek Linus Torvald’s open source architecture for LINUX.  Raymond had penned a manifesto for the open source movement that had broad implications beyond writing and debugging computer code.  Netscape, Firefox, Wikipedia were greatly nfluenced by Raymond’s metaphor of the Cathedral and the Bazaar (CatB).


Yet fifty years earlier in 1948 a brash young architect nmed Alfred Taubman who was all of 24 years old came upon a bold idea and thoroughly disrutptive innovation for redesigning the retail industry’s revered Petrie Stores and pitched Mlton Petrie.  Taubman’s theory was known as   threshold resistance.

 

 

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Reader Comments (1)

Re: "Guess Who Owns Underlying Patents for Google?"
PTO to software innovators: thou shall not patent! http://www.patentlyo.com/patent/law/googlepatents101.pdf
OTL's advice: Sell early and throw a lot at the fan: http://www.redorbit.com/news/education/318480/stanford_earns_336_million_off_google_stock/

July 4, 2010 | Unregistered CommenterGR

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