Larry Schmitt describes how innovation is driven by community adoption.
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In this seven and a half minute segment (download iPod compatible, 37MB), Larry Schmitt explains how innovation comes from the community, a notion that might seem counterintuitive at first. Larry's point is that innovation only comes after people have adopted the change it brings. It is not enough to have a new idea, people have to accept it.
With this perspective, it becomes clear that one of the critical factors in promoting innovation is determining what drives adoption. Larry's company, Inovo, uses a number of techniques to determine how people will react to what they have not yet seen, and we discuss how he uses tools like personas to help derive a notion of what the market will adopt.
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