The Dimension Revolution

In previous posts I have spoken about the potential impact of nanotechnology. However, creating machines smaller than the size of a molecule has often been hindered by issues with power sources. Engineers have invented many miniaturised devices, such as medical implants, but the batteries to power them have been larger than the devices themselves, making them unusable. However, the revolution in 3D printing has allowed manufacturers to produce batteries smaller than the width of a human hair with the power to ...

An idea – the key business ingredient: serendipity or skill?

Last week I watched the original wherethehellismatt for the first time. There are five major videos plus outtakes and background videos on YouTube. Like millions before me I loved the videos, but what I found intriguing was the ‘about’ section, which described the story of Dancing Matt Harding and his viral videos. ‘He put the video of his dancing adventures on his blog (back then people had things called "blogs"), and then in 2005 he found it on a new site ...

Timing is all – heading for the exit

I recently posted about Facebook and its Nasdaq launch in May. In the first five minutes, 100 million shares were traded and this initial frantic demand drove the shares well above their offer price to $42. However, the price fell back to end the first day of trading at $38.23. As I wrote at the time, many analysts doubted whether Facebook was worth its initial valuation.  For example, Sam Hamadeh, co-founder of PrivCo, commented that “After the first couple of ...

Invention, Innovation & Design

The definition of invention in the IB Design Technology Diploma Guide Glossary is the process of discovering a principle - a technical advance in a particular field often resulting in a novel product. So an inventor may have an idea for a new product but these ideas themselves do not constitute an invention until they are transformed into something more tangible such as a model or a prototype. The general conditions applying to a patent for an invention are that ...