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Radicals & Visionaries: Invention vs. Innovation

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This story appears in the March 2013 issue of Entrepreneur. Subscribe »

Are successful entrepreneurial concepts the product of nature or of nurture? Do they spring unformed from the minds of inventors, or are they carefully cultivated adaptations of preexisting notions?

It's not surprising that David Edwards, founder of experimental design lab Le Laboratoire, is a proponent of inventiveness: following through on crazy ideas that may or may not become profit generators. In his view, the potential to advance the human race is what should come first in any venture--and if one can do that, then a big payoff is likely not far behind.

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