Which Innovations Rescued The World

Which innovations rescued the world?

Toilets, synthetic fertilizers, blood transfusions, the green revolution (also referred to as the Third Agricultural Revolution), and vaccines are the scientific advances that are credited with saving the most lives. Each of these advancements is said to have saved 1 billion lives. The combined impact of innovations like air conditioning, improved auto safety, radiology, pacemakers, and the bifurcated needle—which eradicated smallpox—between 1950 and 2000 is estimated to have been 171 million lives saved.

Can you create something new?

You can, but it might demand a lot of your time and energy. You can make a ton of money with one truly brilliant idea. However, it takes a long time to develop a prototype into a saleable product, and even then, it might be years before customers start to benefit from your invention. The society has benefited greatly from inventions, such as new tools, devices, processes, and medicines. New methods of building, moving, communicating, healing, learning, and playing are made possible by inventions, which also help people live longer, healthier, and more productive lives.A good invention does two things: it recognizes and addresses a problem, and it does so in a way that appeals to a target market. You can always create a product that solves a problem in an amazing way, but if the problem is one that no one cares about, it won’t be much use.

Which 3 original concepts are they?

Product, process, and business model innovation fall into three categories: different. Systems for innovation fall into one of five categories: originator-assisted, targeted innovation, internal venturing, continuous improvement, or strategic transfer.

Can I market my invention as a product?

There are typically two options if a manufacturer expresses interest in your invention. You can either sell the actual invention itself for a sizable lump sum as payment for your invention idea, or you can sell your invention idea. An agreement for licensing is the second choice. There are three main ways to monetize your invention. The patent or ownership of your invention can be sold outright. Your invention is licensable. Your invention can be produced, advertised, and sold by you.