2min chapter

Invest Like the Best with Patrick O'Shaughnessy cover image

David Epstein – Wide or Deep? - [Invest Like the Best, EP.133]

Invest Like the Best with Patrick O'Shaughnessy

CHAPTER

Toy Development - Lateral Thinking With Withered Technology

Yokoi started trying to develop diferent toys, and realized that he wasn't so good at cutting edge stuff. Lateral thinking means taking it into some use or some domain where it hasn't been before. Remote controlled cars were big at the time, 19 seventies, but they were expensive, so only adults could get them. Yokoi: I want to democratize this. It's more people being allowed to do it, democratizing innovation.

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