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A Crisis is when New Inventions, Discoveries and even Business Models Flourish

  

New Inventions, Discoveries and Business Models have flourished during Crises.
The famous physicist, Isaac Newton, was in his early 20s when the Great Plague of London hit. Cambridge University sent their students home. Newton used the time to work on his theories that revolutionized physics - he introduced calculus into physics, developed the principles of optics and proposed a theory of gravity. Newton returned to Cambridge in 1667, theories in hand. Within six months, he was made a fellow; two years later, a professor.
Versatile inventions like blood banks, sanitary pads, zippers, stainless steel etc were invented during the first world war. And it was during the second world war that  innovations like ATM, Superglue, Instant Coffee (Nescafe), Ball point pen etc were created.
The meteoric growth of ecommerce company Ali Baba coincided with the SARS pandemic of 2002-2004. The financial crises of 2008 encouraged people to share assets in the form of spare rooms and car rides – leading to the growth of Airbnb and Uber.

Let us use this crisis time caused by COVID - 19 to create new inventions and discoveries and let us explore bold, new business models - there cannot be a better time

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