The beauty industry is always led by innovation. When you think about over the past three or four years, some of the best innovation in our industry has come from Korea.
I think, particularly in our tech industry, this is an industry that has violent innovation and then commoditization, and it's a cycle of innovation/commoditization.
If you look across the economy, if you have multiple players in an industry, you have more customization, more innovation, greater choice for consumers. The more you have consolidation, the less likely you are to invest in innovation. It becomes all about driving down cost and mass production. And that's not good for innovation in an industry.
What keeps me up late at night, in the sense of worry, I guess it's innovation. It's funny to be worried about it, because it's a fair point that wow, look at the innovation we've seen over the past, not just 30 years, but over the past two years.
I think innovation as a discipline needs to go back and get rethought and revived. There are so many models to talk about innovation, there are so many typologies of innovation, and you have to find a good innovation metric that truly captures the innovation performance of a company.
The desktop computer industry is dead. Innovation has virtually ceased. Microsoft dominates with very little innovation. That's over. Apple lost. The desktop market has entered the dark ages, and it's going to be in the dark ages for the next 10 years, or certainly for the rest of this decade.
We owe our existence to innovation. Our species exists thanks to four billion years of genetic innovation.
Since entering office, I have focused on working with the people and businesses of New Hampshire to build a stronger economic future through innovation, and in no sector is innovation needed more than our energy industry.
We are always looking ahead to anticipate what next, and our unique innovation architecture enables us to take an innovation-led approach to help our clients invent the future.
I think Taiwan's economy needs an overall structural readjustment. Our new model focuses on innovation and research. This is different from our growth model in the past, which was centered on the manufacturing industry.
A disruptive innovation is a technologically simple innovation in the form of a product, service, or business model that takes root in a tier of the market that is unattractive to the established leaders in an industry.
I think we always move from imitation to assimilation to innovation, but I can't name you 20 people outside those we've already recognized who ever got to point three: innovation.
History repeats itself again, I guess. The rate of innovation is so high in our industry that if you don't innovate at that speed you can be replaced pretty quickly. The user interface on the iPhone, with all due respect for what this invention was all about, is now five years old.
Our industry does not respect tradition - it only respects innovation.
We seem to forget that innovation doesn't just come from equations or new kinds of chemicals, it comes from a human place. Innovation in the sciences is always linked in some way, either directly or indirectly, to a human experience.
Innovation is what we're going to need for the future, and that's always been a part of the technology industry.
We always say Jordan is not rich in natural resources - we don't have oil or gas like some of our neighbors do - but I think in terms of human resources, we are quite lucky and we are really trying to foster an environment of innovation and technology. I think Jordan will emerge as a center of innovation in the Middle East.