182. Gordon Miller: What’s Your Absorptive Capacity for User-Generated Innovation?
It’s often the case that lead users — the most sophisticated, committed, and energetic users — are an excellent source of innovation ideas.
Hi, Hunter Hastings here - I'm an economist by education, a marketer in my professional track, a venture capitalist in my current business life, an Individualist in philosophy, and a passionate supporter of entrepreneurship in whatever form I can practice it, support it and advance it.
It’s often the case that lead users — the most sophisticated, committed, and energetic users — are an excellent source of innovation ideas.
The traditional approaches to the structure and management of firms are becoming barriers to customer value
The economic damage from government regulations is not limited to the immediate extraction of economic value, but includes the compounding of economic distortions day by day, person by person, company by company, sector by sector. It’s compound destruction.
Entrepreneurship today is a movement, a welling-up of new economic creativity, combined with a great desire for economic freedom and the joys of self-reliance and discovery.
How do entrepreneurs and executives apply that theory to create customers, delight them, and grow strong brands and businesses?
Economics is the beautiful science of prosperity, based on human liberty and creativity. It ‘s a perversion of economics to make it about policy, legislation and aggregate statistics.