Comments on: Innovation and Creative Destruction

By: prem prakash

prem prakash — Mon, 15 Mar 2010 14:23:54 +0000

That is realy exciting truth about the business world. I will keep this philosphy in mind while steping ahed in my life.

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By: Small is Beautiful (Economics as if people mattered) « Francesco’s Weblog

Tue, 03 Mar 2009 08:23:49 +0000

[...] Innovation and Creative Destruction (feld.com) [...]

By: Deprecated » Blog Archive » Break it to Make it

Deprecated » Blog Archive » Break it to Make it — Sat, 03 Jan 2009 19:03:37 +0000

[...] industries like dominoes in a row. As Fred Wilson just put it the other day (echoed by Brad Feld over here): This downturn will be marked in history as the time where many of the business models built in [...]

By: what would nature do? :: The Idea Hive

what would nature do? :: The Idea Hive — Fri, 02 Jan 2009 18:33:59 +0000

[...] need to be encouraging and supporting a continuous innovation civilization, framed within an understanding of the disruptive [...]

By: adam hartung

adam hartung — Mon, 29 Dec 2008 06:27:26 +0000

Markets are going through major shifts related to advances in digital solutions and global access to low-cost resources. Those companies that will thrive are those that will create new solutions which adjust to these shifted markets. Just because a company survived last year and has a few bucks does not mean it will succeed in 2009 and onward. It requires innovation to deal with these major changes, and only those companies that innovate will create returns allowing them to emerge as strong, viable competitors. Read more at http://www.ThePhoenixPrinciple.com

By: Chip_Schooler

Chip_Schooler — Mon, 29 Dec 2008 04:16:28 +0000

I agree with Pierre and Brad. Over the past 15 years we have put in a new infrastructure that rivals the Cold War era projects in importance. The Internet has achieved a level of maturity and reach to now be a platform for innovation (rather than an innovation itself.) For me, a proof point is this: my seven year old daughter routinely sends emails to my 80 year old father with neither requiring any assistance â its just mail, (so much for stamps and envelopes, et. al.).

By: Chip Schooler

Chip Schooler — Mon, 29 Dec 2008 04:10:42 +0000

I agree with Pierre and Brad. Over the past 15 years we have put in a new infrastructure that rivals the Cold War era projects in importance. The Internet has achieved a level of maturity and reach to now be a platform for innovation (rather than an innovation itself.) For me, a proof point is this: my seven year old daughter routinely sends emails to my 80 year old father with neither requiring any assistance – its just mail, (so much for stamps and envelopes, et. al.).

Now, we have an event that, while throwing up some barriers in the short term, will open up new fields thus making innovation broader as well as even more rapid.

To me, America is like a tech company riding a successful product wave. It has surfed that success wave almost to shore. Does it kick out and paddle back through the waves (where it will get munched a few times) and catch the next wave? Or, does it crash into shore? I firmly believe it will kick out and successfully paddle out.

By: bfeld

bfeld — Sun, 28 Dec 2008 14:33:06 +0000

This may explain part of my current obsession with the cold war / space race of the 1950’s/1960’s.

By: Pierre Chao

Pierre Chao — Sun, 28 Dec 2008 06:13:53 +0000

Hey Brad….the other element that is driving this coming wave of creative destruction is that many of the technologies (and I use the term VERY broadly) that we currently rely on – particularly those underpin the infrastructure of our economy – are really hitting the extreme asymptotic part of the cost vs capability/functionality curve. Either you keep pushing up the curve and spend more and more for that next n-th of capability (and bankrupt yourself) or someone restarts the cost/capability curve with innovation (creative destruction) – think space launch, semiconductors, autos, hydrocarbon based energy, aircraft. The other part that's scary / represents opportunity about the next decade is that we are hitting block obsolescence on much of our national infrastructure that was put in at the beginning of the Cold War (highways, bridges, schools, etc) – all getting to be 50 years old – either spend a fortune replacing or get very creative with technology/new business models/new social compacts to get them in place.