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Innovation

Global Investor Focus, 02/2007 Credit Suisse

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Language<br />

Know-how<br />

Distribution<br />

International<br />

standards<br />

Financial<br />

systems<br />

Sales<br />

markets<br />

Trade<br />

barriers<br />

Quality<br />

assurance<br />

Production<br />

Efficiency<br />

Automation<br />

Logistics<br />

Worldwide<br />

market<br />

Local/<br />

global<br />

Communication<br />

Flow of<br />

goods<br />

Money<br />

flows<br />

Global<br />

markets<br />

ISO<br />

container<br />

Organization<br />

Infrastructure<br />

Outsourcing<br />

Speed<br />

International<br />

division of<br />

labor<br />

New<br />

contacts<br />

Storage<br />

<strong>Innovation</strong><br />

Energy<br />

costs<br />

Alternative<br />

energy<br />

sources<br />

Market<br />

niches<br />

Networking<br />

Loading<br />

point<br />

Distance<br />

Mode of<br />

transport<br />

(Falling)<br />

communication<br />

costs<br />

Resources<br />

Individualization<br />

Information<br />

Knowledge<br />

Artificial<br />

intelligence<br />

Flexible<br />

work<br />

models<br />

Access<br />

Migration<br />

The virtual<br />

society<br />

www<br />

Process<br />

optimization<br />

Independent<br />

of time<br />

Qualification<br />

Flexibility<br />

Wage costs<br />

Digitalization<br />

Data<br />

exchange<br />

Security<br />

Independent<br />

of place<br />

Mobility<br />

The share<br />

On 27 September<br />

1606, the Vereinigte<br />

Ostindische<br />

Compagnie (VOC)<br />

in Amsterdam<br />

issued the first<br />

“andeel” – a share<br />

of stock.<br />

The steam engine<br />

In 1769, the Scotsman<br />

James Watt registered a<br />

patent for his steam<br />

engine, which was actually<br />

an improved version<br />

of the machine that<br />

the Englishman Thomas<br />

Newcomen had constructed<br />

in 1712.<br />

1500<br />

1550<br />

1600<br />

Telescope<br />

1650<br />

1700<br />

1750<br />

1790<br />

2010<br />

Pocket watch<br />

Treadle spinning machine<br />

Microscope<br />

Telescope<br />

(astronomical)<br />

Pendulum clock<br />

Steam boiler<br />

Cast steel<br />

Blast furnace<br />

Spinning machine<br />

Steam-powered car

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