ABSTRACT

Innovations based on a bright idea probably outnumber all other categories taken together. Seven or eight out of every ten patents belong here, for example. A very large proportion of the new businesses that are described in the books on entrepreneurs and entrepreneurships are built around ‘bright ideas’: the zipper, the ballpoint pen, the aerosol spray can, the tab to open soft drink or beer cans, and many more. And what is called research in many businesses aims at finding and exploiting bright ideas, whether for a new flavour in breakfast cereals or soft drinks, for a better running shoe, or for yet one more nonscorching clothes iron.