LOCAL TECHNOLOGIC CAPABILITIES DETERMINES THE ELAPSEDTIME FROM IDEA TO MARKET AND PROFITABLE USAGE

It is well-known that the actual electric light does not originate in continuousenhancements in candle technology,Harari(1981) and required completelynew people to study the phenomenon and develop the technology, havingappropriate knowledge, equipment and market. There are revolutionary, “dis-ruptive” ideas that dye after patenting, mainly in USA, because local abundanceof manufacturing technologies are missing and markets are unprepared to usethe resulted products. This brieβly may be stated that most of technologies aredeveloped and consumed in about the same place and civilization, becausein that area the population is aware of the importance of novel technologies,prepared to use, and provides all the needed resources to propel the ideato market in the shortest time, contributing to the welfare of society and itsintelligent self-governance. In order to stimulate creativity and inventions, thelocal organizations have to provide centers for innovation that come at a costbarrier, in order to be proβicient.