Innovation

Replacing the incandescent light bulb is no joke. Commercialized by Thomas Edison more than a century ago, the light bulb ranks with the printing press, electricity, and penicillin as one of the great inventions that changed the world. But its huge success also became a weakness. Lighting now represents as [...]

The Global Innovation Barometer, which GE brought to Davos this week, confirmed that crowdsourcing and collaboration have become potent tools for stimulating new ideas. GE ought to know. Its $100 million healthymagination challenge, which seeks to advance early breast cancer diagnostic technology, netted over 500 ideas submitted by thousands of [...]

Despite the fresh coat of snow, the mood at the annual meeting of the World Economic Forum (WEF) in Davos has been gloomy. Europe’s sovereign debt crisis, forecasts of anemic global economic growth and geopolitical instability loom large as world leaders gather to discuss “the great transformation” afoot in the [...]

Fluid partnerships and collaborations, rather than insular corporate research, are becoming the lifeblood of innovation. This trend was confirmed yesterday by the results of GE’s second annual Global Innovation Barometer. However, the barometer, which surveyed nearly 3,000 U.S. and foreign executives on innovation, also found a “partnership paradox.” While the [...]

GE released today its second annual Global Innovation Barometer, a survey of nearly 3,000 U.S. and foreign business executives on innovation. The report identified innovation as “inextricably linked” with economic growth and as the primary driver behind job creation and the rising quality of life.
The study also confirmed the findings [...]

Millions of Americans go online to look for a new job. Now GE is using the same technology that forms the backbone of the Internet to open new U.S. manufacturing jobs.
That technology is a massive new data center, which opened at GE’s Appliance Park in Louisville, Kentucky, last year. The [...]

Logging into your iPhone and managing your home heater or washer over the Internet may still seem like a far-fetched idea, unless you live in Warner Robins, Georgia.
Ten households in this southern city, perhaps best known for the nearby Robins Air Force Base, will have their homes fitted with [...]