The key is the pricing available to
groups of customers with similar profiles ... Simple supply and demand,
competition from other suppliers should offset ... A dangerous policy
to implement ... As a consumer I don't necessarily like it, (unless I
get a lower price!). However, economically speaking, (think of a
monopolist's MR curve) the ideal is to have each person pay the maximum
amount that they are willing to pay."
The Disruptive Engine
Innovation and the Capitalistic Dream
By: Dr. Sam Vaknin
Also published by United Press International (UPI)
On 18 June business people across the UK took part in Living Innovation
2002. The extravaganza included a national broadcast linkup from the
Eden Project in Cornwall and satellite-televised interviews with
successful innovators.
Innovation occurs even in the most backward societies and in the
hardest of times. It is thus, too often, taken for granted. But the
intensity, extent, and practicality of innovation can be fine-tuned.
Appropriate policies, the right environment, incentives, functional and
risk seeking capital markets, or a skillful and committed Diaspora -
can all enhance and channel innovation.
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