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Innovation a Key Transformation for Entrepreneurs

In: Business and Management

Submitted By vigaexalt
Words 598
Pages 3

Innovative has seen the transformation of modern technology that suits global appeal. Organizations have constantly innovated new ideas, technologies, products and services to have competitive edge in its industry. Entrepreneurs should always constantly look into areas of creating new inventions’ or adapt the existing products.

The most common one was the creative introduction of telephone by Alexander Graham Bell. It is still widely used but humans require a gadget that is mobile. In mid 1980s, Motorola launched the first hand phone in market which also prompted other brands such as Nokia, Sony Ericsson, Siemens and LG venturing in the mobile market in 1990s. However in 2000s, the world saw another innovation from the phone through the introduction of Apple’s IPhone. The birth of smartphones innovation channels in new players such as Samsung, Blackberry, HTC, Acer and Nokia to innovate their models. The creation started by Alexander Graham Bell has been adapted and altered to fulfil the current generation and needs. This process shall not end with the introduction of smart phones or tablet PC but innovation shall continue as it seeks refurbishment of finest and latest technology.

Several worldwide popular entrepreneurs such as Bill Gates, Steve Jobs, Michael Dell, Sergey Brin, Larry Page, Henry Ford, Oprah Winfrey, Ray Kroc, Walt Disney, George Lucas and Mark Zuckerberg has reshaped their respective ventured industry through acclaimed innovativeness of products and services. Even in Malaysia we are not shortage of successful innovative entrepreneurs that incudes Tony Fernandez, Lim Kok Wing, AK Nathan, Vincent Tan, Syed Mokhtar Syah, Bernard Chandran, Ramly Mokni and Hj Mustapha Kamal. These entrepreneurs have continued to reinvent their models and applications to match the…...

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