3 Step 3 Problem Definition

DOI: 10.4324/9781003204992-4

Figure 3.1Problem Definition

Introduction

It’s reported that Albert Einstein once said, “If I had only one hour to save the world, I would spend 55 minutes defining the problem, and only five minutes finding the solution.” Einstein implies that scientific advances come not so much from thinking up new solutions as from formulating problems in new ways or seeing them from different angles. With problems in the natural world, once you develop the formulation or angle, finding the solution becomes merely an exercise in mathematics or experimentation. When it comes to entrepreneurship, Einstein’s ...

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