In the field of innovation, decide what you want the end result to be before you invent it, advises ExploraMed CEO Josh Makower. In addition, he advises a disciplined approach toward innovation that focuses on living inside of a problem to understand it to exhaustion. The end result, he asserts, is that entrepreneurs can focus more directly on producing results of value, rather than simply falling in love with a single idea.

Josh Makower, CEO of ExploraMed, encourages those who are interested in the future of medical technology to engage in the current (as of Spring, 2010) state of the vertical's landscape. Factors such as the global economic crisis are the backdrop for the industry's threatened state. But what's even more imposing, says Makower, are the upcoming policy changes in physician interaction and compensation, patent and healthcare reform, and the broken insurance company reimbursement system.

True innovations are not about a mad scientist in a laboratory. Rather, says Josh Makower, CEO of ExploraMed, innovation is a learned skill, and we can all be taught to be creative and productive. By learning the discipline that propels innovation, people can acquire the knowledge to develop their skills and become well-versed in the practice.