Traditionally, inventive concepts and marketable ideas have come from research and development (R&D). Observations and experiments during research activities in “think labs” have often led to discoveries and inventions that may have commercial applicability. This is most easily seen in the pharmaceutical industry. Big pharmaceutical companies pour millions of dollars into helping lab technicians and chemists to research new drugs for curing diseases that ail mankind.
However, the landscape of discovery is broadening rapidly. In today’s times, marketable ideas are being discovered in much simpler scenarios, and by ordinary people just trying to solve a problem that they have been experiencing.
To read the full, original article click on this link: The Next Big Idea - A New Blog Series on Technology Commercialization | Texas Enterprise
