Innovation

The future of invisible industries

Nov 26, 2024
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The transformative potential of "invisible industries" lies not in their size or visibility, but in their ability to quietly reshape the very foundations of our world. From the specialized materials engineering that enables advanced batteries to the intricate algorithms powering the future of quantum computing, these unsung heroes of innovation are the drivers of universal change.

What defines an invisible industry? They are highly technical, detail-oriented fields where even the smallest tweaks can have dramatic ripple effects. Take something as seemingly simple as a keyboard or a lightbulb. These ubiquitous technologies are the result of meticulous, high-stakes engineering. A tiny change to the shape of a key or the materials in a filament can alter the entire user experience, or even impact broader industry standards. The true power of invisible industries lies in their ability to shape the ambient world around us through unassuming yet essential innovations.

The Lucrative Potential of Overlooked Details

Despite their outsized influence, these invisible industries are often neglected, their vast potential untapped. Consider the global lightbulb market. While it may seem like a mundane product, the value of the worldwide lightbulb industry is projected to reach over $100 billion by 2027. The key lies in continuous innovation - developing bulbs that are more energy-efficient, longer-lasting, and adaptable to diverse applications. Even small improvements to things like filament design or LED technology can yield enormous returns.

Similarly, the global keyboard market, valued at over $9 billion, is ripe for disruption. Ergonomics, key responsiveness, wireless connectivity - these are the kinds of subtle details that can make a world of difference, both for end-users and manufacturers. By harnessing the insights of female designers and engineers, who tend to exhibit greater attention to detail, invisible industries like keyboard technology could be revolutionized.

Tapping into Women's Inherent Strength

Emerging research suggests that women possess the ideal psychological profile to thrive in these invisible, detail-oriented domains. Studies have found that females consistently score higher than males in traits like conscientiousness and attention to detail - qualities that are vital when innovating in fields where "the devil is in the details."

This advantage is already manifesting in tangible ways. In the realm of quantum computing, for instance, women are making critical inroads, leveraging their capacity for meticulous, systems-level thinking. Initiatives like Europe's all-female Lumina hacker house are actively nurturing this female-led transformation of invisible industries.

Similarly, in the world of sustainable energy, female-founded startups like Etosha Energy are pioneering breakthroughs in advanced battery materials. By approaching the challenge of energy storage from a uniquely female perspective, they are unlocking profound improvements in performance and lifespan.

Redefining the Innovation Landscape

The current innovation landscape often treats women's traits - their preference for collaboration, their attention to detail - as liabilities. But what if we flipped the script? By building on women's inherent strengths, we could unlock a new, more effective model of progress - one where "feminine" qualities aren't obstacles, but the very foundation of transformative breakthroughs.

As research continues to highlight women's aptitude for entrepreneurship, creativity, and holistic thinking, the future of innovation is clear: it lies in embracing these traits. This isn't just about designing for women - it's about rethinking the entire innovation ecosystem to serve a broader, more inclusive purpose. The products and technologies that will shape our tomorrow are being forged in the crucible of these once-overlooked domains - and women are leading the charge.

Female Entrepreneurship Metrics

2%

Women-led businesses received less than 2% of venture capital funding in the UK in 2023.

5%

Only 5% of pitch decks come from all- female teams, compared to 75% from all-male teams.

50%

50% of female-founded business are bootstrapped or self-funded, compared to just 32% of male organisations

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Psychometric Model
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Studios
Fellowship Track
Psychometric Model
Product Development Programme
Studios
Fellowship Track
Psychometric Model
Product Development Programme
Studios
Fellowship Track
Psychometric Model
Product Development Programme
Studios
Fellowship Track
Psychometric Model
Product Development Programme
Studios
Fellowship Track
Psychometric Model
Product Development Programme
Studios
Fellowship Track
Psychometric Model
Product Development Programme
Studios
Fellowship Track
Psychometric Model
Product Development Programme

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