«Invention, Innovation, and Disruption»

«The literature and mass media are replete with reports of healthcare industry inventions -- new diagnostic procedures, therapies, drugs, and medical devices ranging from neural-controlled prosthetic limbs that enable wounded military personnel to return to work, to remote patient monitors that collect and transmit data across care settings, to cancer-combatting immunotherapies.

»An invention becomes an innovation when it is used to generate new value; hence, most innovations result from converting existing things to new uses. In essence, innovation is the implementation of new or significantly improved products, services, and processes in order to create more value for customers and financial returns for the organization.»

David Nash. MedPage Today. [read all]

Innovation and inventions

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