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Can Every Idea Be Transformed into an Innovation?

George Vekinis
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George Vekinis: National Centre for Scientific Research Demokritos

Chapter Chapter 2 in Mastering Technology Transfer: From Invention to Innovation, 2023, pp 9-15 from Springer

Abstract: Abstract The transformation of an idea to an innovation is crucial for the continual development of our technical civilisation. Nearly every useful and usable idea can be transformed into an innovation. It is this transformation that gives the idea its value and ensures that it can offer support to economic development and is not lost. The transformation process from idea to innovation is arduous, costly and very time consuming—commitment and dedication are crucial, as well as having the right support and collaborators. Preparation, proactivity and excellent management are critical and will ensure a higher chance of success.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:seschp:978-3-031-44369-5_2

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DOI: 10.1007/978-3-031-44369-5_2

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