Archive for July 16th, 2009
Thursday, 16 July 2009 by dbhalling in Economics, Innovation • 13 Comments
Conservation Law of Innovation:
All innovations are combinations of existing/known elements.
Conservation of matter (and energy) means that you cannot create something from nothing. As a result, all innovations must be a combination of existing or known elements.
Causality Law of Innovation:
Invention precedes production, production precedes consumption and discovery precedes invention.
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