We look forward to working with the House and Senate, and all interested parties, to find the right balance and define useful remedies to combat willful wrongdoers that do not impede lawful product and business model innovation.

FORBES: The ESA Supports SOPA, and the Rest of the Industry Follows

In those earlier versions, Pharma was heavily (if not exclusively) focused on products and product innovation.

FORBES: Ernst & Young Outline New Vision of Patient-Centric Healthcare

More importantly, he worried about management culture as the path to product culture, where innovation means never-ending creativity, not tossing the dice and getting lucky on a good roll.

FORBES: Don't Fear the Fad

Yet, as the appeals court noted, this does not work well in Microsoft's case, because any innovation that improves an integrated product might be stifled.

ECONOMIST: Economics focus

Again, the costs and benefits of any such innovation, and whether it constitutes a genuinely new, integrated product, not a bundle, should be judged case by case.

ECONOMIST: Economics focus

People like to say that Samsung is not innovative but reducing the product cycle from 24 months to 12 is big news and a huge innovation effort.

FORBES: Will The Samsung S4 Launch Drive Apple's Share Price Down?

The main challenge for CEO Tim Cook and Apple longer term is whether or not he and the company can continue to foster the same culture of innovation and consumer-focused product development that made Apple what it is today.

FORBES: Apple Faces Innovation Question As It Moves From Steve Jobs To Tim Cook

This time line is inherent to fundamental innovation, even when done optimally, for the process is not linear from research to development to product in the market.

FORBES: Why The Government Needs To Invest In Innovation