This single day of autonomy has led to unique ideas for new products, software fixes, etc.
But more than that, they began to share ideas for new products, new ways of doing business and ways to use open source yet prosper.
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The experience inspired him to experiment with giving his factory workers more autonomy, allowing them to set their own schedules, and to solicit their ideas for new products and how to better run the business.
"I am always looking for new ideas and products for our customers so I tried a model of Titanic in the window and the level of interest was astounding, " he said.
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It is why the technology industry in New York may now be giving Silicon Valley a run for its money, as technology firms, both big and startup, rush to get closer to other industries, to their users, and to the talent and experience of the city, as they create new ideas for products and services.
These distant contacts are also more likely to share novel information, demonstrating that social networks can act as a powerful medium for sharing new ideas, highlighting new products and discussing current events.
This observation explains the huge amounts of corporate cash reserves we now have that could be used for new products, but are stalled while electronic storerooms fill up with great ideas.
Rex Innovation Facilitator: a formalized way for Rex co-workers and thought leaders in the community to submit innovative ideas and receive technology commercialization and company-building services for promising concepts that could lead to new products or services.
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It has been interesting how many disruptive and innovative products are ipad stand coming through Kickstarter, the crowd-funding site for cool, new ideas.
Starving either the Food and Drug Administration or the National Institutes of Health would be disastrous for the industry, cutting off the flow of new products to the market and the flood of new ideas from academia to industry research labs.
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