Scottish inventions and discoveries solely to the subject, as well as scores of websites listing Scottish inventions and discoveries with varying degrees of science. Even before the Industrial Revolution, Scots have been at the forefront of innovation and discovery across a wide range of spheres. Some of the most significant products of Scottish ingenuity include James Watt's steam engine, improving on that of Thomas Newcomen, the bicycle, macadamisation (not to be confused with tarmac or tarmacadam), Alexander Graham Bell's invention of the first practical telephone, John Logie Baird's invention of television, Alexander Fleming's discovery of penicillin and insulin. The following is a list of
The Money of Invention The Money of Invention The Money of Invention: How Venture Capital Creates New Wealth is a non-fiction book about venture capital, written by Paul A. Gompers and Josh Lerner, Professors of Business Administration at Harvard Business School. The book was first published in 2001 by the Harvard Business School Press. It is considered one of the best studies about the venture capital industry in United States. "The Money of Invention" is a non-technical overview of the venture capital (VC), written for a general audience who wants to understand how VC industry works. The book is composed of three major sections.