July 2002
Garbage In, Innovation Out
From coal mining to computer networks, sometimes the bathwater is worth more than the baby.
By Michael Schrage
History proclaims that James Watt's reinvention of the (Thomas) Newcomen steam engine with Matthew Boulton launched the Industrial Revolution and transformed the world. But history politely downplays the key business reason why people actually bought those early Boulton and Watt betas.
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Massachusetts Institute of Technology