Innovation Flow

If you wish to understand the process of your creativity and train yourself to get good ideas, you should read this. One of the most influential work on the Creative Process is the timeless classic book "A Technique for Producing Ideas" by James Webb Young (1886-1973) published in 1940. I could read this book in an hour without exerting myself much, it is written in a very simple & lucid style. It is full of practical wisdom from an advertising man who made a living out of his ideas. Unfortunately it took me 5 years to read this book and I wish to share the wisdom of this book without any delay. There are two simple Hypotheses at the beginning of the discussion: Hypothesis # 1. An Idea is nothing less nor more than a new combination of old elements. Hypothesis # 2.The capacity to bring old elements into new combinations is enhanced by an ability to see relationships. Idea generation process Step # 1.  Creating a T-Profile Gather raw material...

My interest in Israeli Innovations got triggered after reading a Forbe's interview with Erel Margalit  who is the founder and head of JVP, Jerusalem Venture Partners ( http://www.jvpvc.com/ ) , a leading Israeli venture capital firm dedicated to building world class media technology companies. Established in 1993, JVP now has over $900 million under management and is investing in 35 companies.  I have summarized here two insights that I picked up by reading his 7 Golden Rules for Entrepreneurs  http://www.forbes.com/sites/ricardogeromel/2012/06/19/erel-margalit-israel-vc-7-golden-rules-to-entrepeneurs/               1. Engineers alone won’t make it. We need to put engineers together with writers, storytellers, advertising people, artists… an army of engineers alone can’t succeed. To create, it is better to be around people with different mindsets. It’s not just a world where an engineer meets another engineer, it’s a wo...