Innovation Dynamo
Formal
When a technology produces self-sustaining innovation and development, it is effectively an innovation dynamo. Electricity led to electronics. Electronics led to modern computing. Modern computing, combined with telecommunications, led to today’s Internet and the IIoT.
Practical
Electricity led to electronics. Electronics led to modern computing. Modern computing combined with telecommunications led to today’s Internet and the IIoT. The post-war development of plastics shows how a new technology not only changes business models, but works with developments in other areas to spur greater innovations.
