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Searching for the Next Snuggie – Is This Really the Golden Age for Inventors?

April 23, 2012 /

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Sure, the Internet and other tools have made the inventing process easier; but the entrepreneurial landscape hardly seems dominated by small inventors. Actually, the new-idea supply chain has some considerable rough patches that, in many ways, are harder to overcome than ever. Once invented and prototyped, those new products have to compete for space in a very narrow pipeline. Retail has become so concentrated that three companies (Walmart, Kroger and Target) control about a fifth of all United States in-store sales, and a tiny number of Internet and made-for-TV giants (Amazon, QVC) dominate in-home sales.

By ADAM DAVIDSON

Full Story: http://www.nytimes.com/2012/04/22/magazine/is-this-really-the-golden-age-for-inventors.html?_r=1

(Many thanks to David Nelson for recommending this article)

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Prospera helps businesses and communities find their pathway to success, acting as the navigator, problem solver and catalyst for a strong Montana economy.

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Montana Technology Innovation Partnership (MTIP)- Promoting Technology Commercialization in the State of Montana.
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