We often see lists of innovations that will define the next 10 years, but this list will stick to five years. For, the innovation cycle has been abbreviated considerably. What seemed innovative a decade ago is almost irrelevant today, and today's market-movers weren't even a twinkle in their inventors' eyes in 2003. Don't believe me? Here are a few things that didn't exist in January 2003 or weren't accessible to most global consumers: broadband, Facebook , HD TV, satellite radio, smartphones and YouTube . Here are five ways that could change how we innovate in the next five years, ie, alter the process of insight-inspiration-design-development-implementation. MOOCs :Innovations are built on the bedrock of knowledge. MOOCs , or massive open online courses, allow free access to training from top universities and will increase our ability to innovate. Imagine a smart Indian youngster learning about digital signal pr...
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