Results tagged “Carlsberg” from Business Insider Blog

Diary of a start-up - Week 3: If necessity is the mother of all invention...

By Alison Grieve on Apr 11, 10 04:14 PM in Manufacturing

The Observer Book of Invention describes the difference between invention and innovation as this:

'Invention is turning money into ideas; innovation is turning ideas into money.'

When I went for my first surgery with Scottish Enterprise in 2009, they asked me whether we had considered licensing our idea to avoid the pain of both manufacturing and the commercialisation of a new product.

Whilst I understood the benefits of a grab-the-money-and-run method of getting Safetray produced and out into the marketplace, I did wonder what that said about our national psyche.

Are us Scots completely incapable of producing and commercialising products ourselves? Do we really want to define ourselves as a nation of consultants and service providers all selling to each other?