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The Economist’s Annual Innovation Awards

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The Economist’s Sixth Annual Innovation Awards Ceremony and Summit
Innovation strategies: past, present and future

The Economist Technology Quarterly, December 2007 issue.

BioscienceMedmira and BioMedica’s fast HIV diagnostic testing in just 3 minutes:Hermes Chan and Abdullah Kirumira’s work not only helps prevent the spread of AIDS, but also has great application for fast diagnosis of many medical diseases and conditions”.

Business process innovation Infosys‘ offshore outsourcing model:N R Narayana Murthy’s work not only led to the creation of a successful services outsourcing business—and industry—it led to the global presence in business that India enjoys today.”

Computing and telecommunications Blacberry’s mobile email:Mike Lazaridis gave us the ability to work and communicate with one, easy-to-carry integrated device that revolutionised—and truly personalised–computing”.

Consumer products Nintendo’s video game products: “No one is more identified with Modern Video Games than Shigeru Miyamoto. His pioneering vision and creativity truly created a new category of entertainment”.

Energy and the environment Philips Lumileds and Hewlett-Packard:George Craford and Roland Haitz’s pioneering work on the development and commercialisation of LEDs means that the proportion of human energy consumption attributable to lighting will finally go down”.

Social and economic Celtel’s mobile phone services: Mo Ibrahim created Africa’s second largest cell phone company. But he wasn’t satisfied to just build a company: his new effort, the Mo Ibrahim Foundation, aims to build a strong continent through the recognition of African leadership”.

No boundariesIBM’s GMR, Giant-Magnetoresistive Effect: “There are no boundaries to the work of Stuart Parkin, Peter Grünberg, and Albert Fert. Their work–essentially making the storage and of information far more efficient–has had great impact upon audio-video streaming, cell phones, digital photography and animation, low-cost digital video cameras–and, of course, the ubiquitous MP3 music player”.

Corporate use of innovationProcter & Gamble’s open innovation model: “Procter & Gamble’s achievements in innovation are remarkable because of the skill with which the company has institutionalised processes and procedures that allow innovation to come from customers and partners, as well as researchers and marketers within the company itself”.

Note that the recipients of these awards are the individuals mentioned in each innovation category.

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  J. de Francisco View Jose de Francisco Lopez's profile on LinkedIn Chicago. 18 December 07 AddThis Social Bookmark Button

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“The Top 10″ at the time of uploading this article: [1] Nokia’s Innovation Recipe: “There Is No Blueprint”. [2] Design Concepts: Future Car. [3] “Visual Futurist: The Art & Life Of Syd Mead”. [4] Innovative Design: Volvo’s XC60 Concept Car. [5] HP’s Innovation Recipe: “IPO”, The Innovation Program Office. [6] Innovative Mobile Phones: Objects Of Desire. [7] Mobile Phone Concepts: Egy Studio. [8] Mobile Applications (1). [9] The Economist & Technology Review: “Lessons From Apple’s Design”. [10] The Innovation Gap 3.

One Response to 'The Economist’s Annual Innovation Awards'

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  1. its good blog … alot of usefull things

    belal

    19 Dec 07 at 4:59 am

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