Sequencing ideas into innovations through pure thought
Prateek Goorha
Economics Letters, 2015, vol. 136, issue C, 201-203
Abstract:
I propose a model for sequencing ideas into innovations where there are two types of ideas. Primitive ideas are of a more basic nature, but are necessary before higher ideas can be attempted. Thus the model assumes a pyramidal structure driven by two factors: the resources available and the extent to which primitive ideas are completed. The model enables focusing on an essential aspect of innovation — as a process based purely on thoughtful sequencing of ideas. I also examine the notion of targeting a feasible innovation within finite time.
Keywords: Ideas; Innovation; Thought (search for similar items in EconPapers)
JEL-codes: D8 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:136:y:2015:i:c:p:201-203
DOI: 10.1016/j.econlet.2015.09.037
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