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3 comments

Innovation Revelation

Posted November 30, 2011 8:18 AM

Some studies suggest that while R&D spending is adequate, many companies are spending funds on "safe" projects and protective patents, rather than looking for technology breakthroughs. Is that the case from your experience?

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Power-User

Join Date: Mar 2011
Posts: 106
Good Answers: 2
#1

Re: Innovation Revelation

11/30/2011 10:39 PM

R&D....Whats that?

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Guru

Join Date: Apr 2006
Location: Cincinnati, Ohio, USA
Posts: 662
Good Answers: 48
#2

Re: Innovation Revelation

11/30/2011 11:28 PM

Not in MY company (I am Chairman and CEO)-

Our entire focus in on Innovation-

A few months ago, we were awarded an award for Innovation In Engineering for a totally new version of CoGeneration system that operates at 99% efficiency (compared to the 20-plus year industry standard of 70%) and cuts CO2 by over 80%, NOx by over 95%,and creates over 400,000 gallons of near-potable water per 300 kVA module. It's thermal value is actually higher than a typical steam boiler plant, so the electricity is FREE. The system costs less than US$3,000 per kW installed- cheaper that coal-fired power plants and about half that of wind and 1/3 that of solar. It pays for itself in 22-32 months, depending on the cost of electricity.

We currently have 14 products in development- all total upgrades of "existing" technology or totally NEW concepts- with similar levels of performance and environmental benefit.

Without "Innovation", we would be just another company. Because of it, we will change the way the world operates- and make a lot of money at the same time.

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Guru
Technical Fields - Technical Writing - New Member Engineering Fields - Piping Design Engineering - New Member

Join Date: May 2009
Location: Richland, WA, USA
Posts: 21006
Good Answers: 781
#3
In reply to #2

Re: Innovation Revelation

12/01/2011 3:46 AM

GA.

If you read back through energygod's posts over many months, there are innovative approaches involving psychrometry and thermodynamics. There are good ways to apply the principles correctly, without "black magic" or over-unity claims.

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