
Check out Rain Noe's great article on product innovation over at Core 77
There's at least two ways to design a new category of product:
1) Invent a new technology and incorporate it into your design (the Dyson Vacuum), or
2) Design something around a novel use of an existing technology (the iPod).
Both types can be exciting, but what we like about 2) is that you don't have to spend a dime on R&D vis-a-vis the technology...
Let's take vacuum technology, for instance.
More after the link:
Core 77
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