the approach to ensuring “high probability of success”
Konstantinos Konstantinidis, M.D., Ph.D.
Director - ExCtu - addressing the Health Tourism Sector "Builder Class" (a.k.a. the "growth makers" and “developers”) by providing the infrastructure supporting economic activity and enabling the system to function
…role of the Health Tourism Sandbox and “wise systems”
To illustrate this article, on “innovation origination on demand”, a service provided through the Health Tourism Sandbox, I used the front cover of the book titled “Innovation on Demand”, by Victor Fey and Eugene Rivin, a hardcover edition of which one can buy for $100.49, through Amazon (? https://www.amazon.com/Innovation-Demand-Product-Development-Using/dp/0521826209? ).
The main purpose of this article, is to “bring together” certain “facts”, (directly or indirectly related to “innovation”), which can be “capitalized upon” by the Contemporary Health Tourism Builder Class tasked with coming up with sector-specific Legal Entities (ssLEs) with a high probability of success.
BTW, Contemporary Health Tourism, itself, is a “combinational, permissionless and open innovation” (? https://www.dhirubhai.net/article/edit/6889071755349020672/? ).
See the innovations designed to shape the Contemporary Health Tourism Sector:? https://www.dhirubhai.net/pulse/designed-shape-sector-constantine-constantinides-m-d-ph-d-/? .
For the clear definition of “innovation” (and how it differs from “invention”) – and a selection of related articles (with links) - see towards the end of this article.
In their book “Monetizing Innovation” (? https://www.amazon.co.uk/Monetizing-Innovation-Companies-Design-Product/dp/1119240867? ), the authors, Madhavan Ramanujam and Georg Tacke, state the obvious:
Contemporary Health Tourism:
Those who read what I write, will have surmised “what I am up to” – and aiming to deliver, to the “engaged stakeholders” amongst the Builder Class – through ExCtu, the fledgling Health Tourism “service station” I now, direct (? https://www.dhirubhai.net/pulse/benevolent-disruption-transformation-repurposing-konstantinos-1nozf/? ).
the Health Tourism Sandbox
...and its “facilities and resources” (i.e., assets for a particular purpose)
The Health Tourism Sandbox and its “facilities and resources”, constitutes a Comprehensive System for designing, creating – or transforming – and operating sector-specific Legal Entities (ssLEs) – which in addition to being “compatible and compliant”, can also be Cachets (“high-end Brands”) and Blue Oceans (“one-of-a-kind” – which renders competition irrelevant).
The Health Tourism Sandbox (addressing the Builder Class), is “part and parcel” of Contemporary Health Tourism and includes:
Innovation Origination
…on demand
The authors of the book I used to illustrate this article, titled their publication “Innovation on Demand”.
And, in the realm of Contemporary Health Tourism, this is what the Health Tourism Sandbox enables and provides, through its “facilities and resources” (i.e., assets for a particular purpose).
Wise Systems
…based on knowledge, experience, understanding, common sense and insight
Contemporary Health Tourism introduced the “concept & practice” known as “wise systems” – which are based on knowledge, experience, understanding, common sense and insight – and have a high probability of success.
And needless to say, the only sector-specific Legal Entities (ssLEs) with a high probability of success are those referred to as “wise systems”.
And, “wise systems” are created by drawing on the “facilities and resources” (i.e., assets for a particular purpose) of the Health Tourism Sandbox.
As I claim: if you build a wise system they will come.
Some articles on the subject of “wise systems”:
sector-specific Legal Entities (ssLEs)
…with a high probability of success
A lesson taught by Nassim Nicholas Taleb: for something to have a high probability of success, it needs to be something “beyond expectations” (see: https://www.dhirubhai.net/pulse/make-killing-konstantinos-konstantinidis-m-d-ph-d--nslaf/ ?).
And when it comes to investing in a startup – always invest in one “with a high probability of success” (? https://www.dhirubhai.net/pulse/business-model-beyond-expectations-constantinides-m-d-ph-d--sna2f/? ).
As already pointed out, sector-specific Legal Entities (ssLEs) with a high probability of success are those designed as “wise systems”.
the clear definition of “innovation”
…and how it differs from “invention”
innovation
“innovation” is the process of taking an existing idea and improving upon it, adapting it or finding new applications for it.
It's about introducing something new to the market or society that adds value or solves a problem in a new way – it’s is about making existing things better or more useful – it’s about the improvement of existing ideas.
“innovation” often builds upon inventions, making them more practical, efficient, or valuable.
BTW, I regard “innovation” as being practically synonymous with “origination”, because innovation without origination is an oxymoron - a contradiction in terms.
Needless to say, innovation is about being ahead of one's time in order to trailblaze - “break new ground, clear the path and pave the way for others to follow and use” - and waiting and preparing for your audience to "catch up" - and being prepared to be misunderstood.
And, “innovation” is – and should be - about “Creativity, Progress and Growth” -? https://www.dhirubhai.net/pulse/thinking-doing-constantine-constantinides-m-d-ph-d-/ ?.
invention
“invention” is about creating something “completely / totally” new – something which did not exist “previously” – it’s about the birth of a “completely / totally” new idea or concept.
a selection of related LinkedIn articles
…on the Sandbox and Innovation
?