The words speak volumes about the origins of one of the most successful companies on the planet but are also a commentary on the origins of any invention. Anytime you invent something you have really invent two things—the thing itself and an idea says Harvard Business School visiting professor Gautam Ahuja a professor of strategy at the Ross School of Business at the University of Michigan.
In the case of Zuckerberg vs
The Winklevosses the twins may have had creat a simple interface for college kids to connect with one another but it took Zuckerberg to take the idea Oman Phone Number List and turn it into that of a worldwide social network that would allow everyone to share their lives with one another across geographies. Compar to the value of the global network idea the value of the actual product of a platform for college kids was much less says Ahuja. Often the concept value of the invention is more important than the physical aspect.
COMPANIES DON T FULLY EXPLOIT
THE LATEST IDEAS THAT THEIR PRODUCT HAS CREAT” In a paper publish last year in the Academy of Management Review call The New Zealand Phone Number Second Face of Appropriability Generative Appropriability and Its between two types of value primary appropriability or a company s ability to exploit the opportunity of an invention by turning it into a product and generative appropriability a firm s ability to capture the later value inherent in the idea.
