Selerant Blog Innovating during crises: how companies leap forward during times of adversity

The transformer, the steam turbine, and incandescent light were all created during the Long Depression in the late 19th  century. The photocopier, electric razor, and supermarkets were products of the Great Depression. Google (arguably) rose to prominence from the ashes of the dot com bubble—right around the time Steve Jobs was busy resurrecting Apple with innovations that have since changed the world.