Innovation Far Removed From the Lab
By PATRICIA COHEN
NYT
Daniel Reetz loves trash bins. A big one in Fargo, N.D., was where he found most of the materials he used to build a scanner that was fast enough to scan a 400-page book in about 20 minutes without cracking the binding. The two Canon PowerShot A590 cameras and two lights that he lashed together with a few pieces of acrylic and wood cost him about $300 in all, considerably less than the $10,000 commercial book scanners that were on the market.
When he was finished, Mr. Reetz, now 29 and working at Disney Research’s laboratories, put his 79-step how-to guide on a Web site. Since the post went up nearly two years ago, about 1,000 people have joined Mr. Reetz’s forum, and about 50 have built their own scanners from castoff furniture, aircraft aluminum, whiskey boxes and plastic foam.
Do-it-yourselfers like Mr. Reetz may not know it, but their tinkering is challenging a deeply entrenched tenet of economic theory: that producers, not consumers, are the ones who innovate.
Since the Austrian economist Joseph A. Schumpeter published “The Theory of Economic Development” in 1934, economists and governments have assumed that the industrial and business sectors are where ideas for products originate. A complex net of laws and policies, from intellectual property rights to producer subsidies and tax benefits, have flowed from this basic assumption.
(More here.)
NYT
Daniel Reetz loves trash bins. A big one in Fargo, N.D., was where he found most of the materials he used to build a scanner that was fast enough to scan a 400-page book in about 20 minutes without cracking the binding. The two Canon PowerShot A590 cameras and two lights that he lashed together with a few pieces of acrylic and wood cost him about $300 in all, considerably less than the $10,000 commercial book scanners that were on the market.
When he was finished, Mr. Reetz, now 29 and working at Disney Research’s laboratories, put his 79-step how-to guide on a Web site. Since the post went up nearly two years ago, about 1,000 people have joined Mr. Reetz’s forum, and about 50 have built their own scanners from castoff furniture, aircraft aluminum, whiskey boxes and plastic foam.
Do-it-yourselfers like Mr. Reetz may not know it, but their tinkering is challenging a deeply entrenched tenet of economic theory: that producers, not consumers, are the ones who innovate.
Since the Austrian economist Joseph A. Schumpeter published “The Theory of Economic Development” in 1934, economists and governments have assumed that the industrial and business sectors are where ideas for products originate. A complex net of laws and policies, from intellectual property rights to producer subsidies and tax benefits, have flowed from this basic assumption.
(More here.)
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