Diary of a Financier

Bookshelf update: The Innovators

In Bookshelf on Fri 19 Dec 2014 at 21:15

“Transistor radio became the first major example of a defining theme of the digital age: technology making devices personal.

“The radio was no longer a living room device to be shared, it was a personal device that let you listen to your own music when and where you wanted.”

–Walter Isaacson, The Innovators: How a Group of Hackers, Geniuses, and Geeks Created the Digital Revolution


Just wanted to record this wonderful excerpt about innovation, regarding the Regency TR-1, the world’s first consumer radio, which was developed by Pat Haggerty in 1954. In truth, the transistor radio was a collaborative process (with major contributions from the likes of Nobel Prize winners William Shockley, John Bardeen, and Walter Brattain), as are all significant breakthroughs — a point the author continually illuminates.

I like the concept of taking institutional/commercial/enterprise products or services and retrofitting them for the consumer’s personal use. You see innovators employ this strategy throughout history, and our reaction is always, ‘I could’ve thought of that!’




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