Great ideas are conceived every day; innovative concepts and technologies have the potential to revolutionize business operations, save lives, create new markets and redefine industries. Despite this, only a small percentage of them ever make it to market. Why? Because coming up with a transformational idea is not the hardest part. Building the right culture and turning a concept into something customers will champion, buy, or even change the world, can prove to be much more challenging.
And yet, invention is critical. Every nation must embrace it as a means to economic prosperity and competitive strength. A recent “Global Innovation Barometer” conducted by General Electric confirms that innovation is a primary driver of economic growth, job creation and prosperity. Currently, the United States leads the way, but the margins are shrinking.
To read the full, original article click on this link: Why Great Ideas Fail - Forbes
