Sunday, April 06, 2014 2:40:20 PM
Disruptive innovation is not about the technology
Disruptive innovation is not about creating the best products and protecting profits; disruptive innovation comes at you.
Example: Consumer electronics companies in the 70s invested $3b (in today’s money) in improving vacuum tubes for the transistor radio, to make it the best transistor radio possible. Meanwhile, Sony went to market with an average product, the pocket radio, affordable, accessible to a new audience (teens who could now listen to music without their parents listening in). Sony sucked the consumers out of the mainstream of transistor radios and built customers, not the best technology. The technology was good enough for the customer; it didn't have to be the best.
Customers in a disruptive innovation model are enticed into a new system, not vice versa.
In this example: Sony purchased licensing right from AT&T (who invented transistor) for just transistor radio. Pocket Radio made transistor a "brand name".
Did AT&T make much money "directly" from Sony as they could have?.... Perhaps not.
However, it allowed transistor to become one of the modern day technology wonder.
In this case, I do see Apple's non destructive iDevices being the Sony's pocket radio. It will bring LiquidMetal the "brand name" it desperately needs.
Can Tesla and other feed off the technology and make "fuel cell battery" one of the future modern day technology wonder?
See below patent that discussed Liquid Metal and Fuel Cell
http://www.patentlyapple.com/patently-apple/2013/04/a-fascinating-liquidmetal-patent-from-apple-surfaces-in-europe.html
Recent LQMT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:11:00 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 08:49:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 09:05:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/21/2023 10:15:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/21/2023 10:26:27 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/10/2023 08:37:18 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/28/2023 08:41:42 PM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM