Underutilization of Innovations - An Alternative Approach

Underutilization of Innovations - An Alternative Approach

By Knowledgefruit | KnowledgeFruit | 30 Jan 2021


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Innovation is happening all around us. And, the rate at which innovations are happening in the 21st century, it is exponential, to say the least. Technology has fueled the rate of innovation.

Earlier, people used to eagerly wait for their product's up-gradation. But today, even before we receive an up-gradation, a new product is launched in the market. Such is the speed of innovation.

It is obviously good to see these many innovations happening, but, don't you think that these innovations are getting underutilized?

The "life" of these innovations has also decreased. Nowadays, we hardly use innovation for months, not even years, and then move on to the next product?

This is happening because everyone wants to come out with the product as soon as possible. First takes it all kind of concept.


But, this approach is very individualistic. And there is various drawback in this approach.

Let suppose there is a person "1" living in India and he is working on solving an issue "X", and there is another person "2" living in Switzerland working on the same issue "X". Both of them are separately working on the same issue. The one who comes out with the product first takes it all. But, what about the other?

If there were a platform which could connect both of them, instead of two average products, there could be one robust product. Also, time, energy and other resources can be saved. Duplicacy of many things can be avoided.

This was just an example of two persons, imagine how many similar situations are happening in the real world. A shift from "individualistic" to "collectivism" is required. Working together for upgradations and not just individualistic products.

This will surely change the way we see the current system.

Who else believes in this movement?

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