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Thinking Outside the Company’s Box
asphere
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7
3-31-2008 6:22 PM
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tags:
invention
,
innovation
,
business
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/fcc8f627-3523-43ac-b3b5-00ce2985d464/22A1C3C2-FBFD-419C-B535-093E68A91B1C/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.nytimes.com/2008/03/30/business/30ping.html?scp=3&sq=&st=nyt" href="http://www.nytimes.com/2008/03/30/business/30ping.html?scp=3&sq=&st=nyt" style="font-size: 11px;">www.nytimes.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/03/30/business/30ping.html?scp=3&sq=&st=nyt"><div align="center"><img src="http://content8.clipmarks.com/blog_cache/www.nytimes.com/img/6CA84937-E072-414A-BB39-50D9253B74F6" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/03/30/business/30ping.html?scp=3&sq=&st=nyt">ONE of the oldest barriers to innovation is “Not Invented Here,” a persistent bias of even the most creative people toward their own creations and against those of people who work for other companies.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/03/30/business/30ping.html?scp=3&sq=&st=nyt"><P>Perhaps the most important reason that large companies are willing to gamble on buying technology is that not doing so carries risks, too.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/03/30/business/30ping.html?scp=3&sq=&st=nyt"><P> Two recent examples of hot innovations — YouTube and Skype — came from small groups of visionaries who then sold for high valuations to established companies (in these cases, <A title="More information about Google Inc." href="http://topics.nytimes.com/top/news/business/companies/google_inc/index.html?inline=nyt-org" linkindex="51" set="yes">Google</A> and <A title="More information about eBay Inc." href="http://topics.nytimes.com/top/news/business/companies/ebay_inc/index.html?inline=nyt-org" linkindex="52" set="yes">eBay</A>). While neither acquirer has found a way to profit from these deals, they have gained in several ways. Google and eBay denied these innovators a chance to grow into large, and potentially threatening, companies themselves. They also denied their rivals the chance to buy YouTube and Skype. They bolstered their own pools of talent and bought themselves time to find profitable business models.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/22A1C3C2-FBFD-419C-B535-093E68A91B1C/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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