Author Archives: Eugene Ivanov

About Eugene Ivanov

Eugene Ivanov is the Founder of (WoC)2, an innovation consultancy that helps organizations extract maximum value from the wisdom of crowds by coordinated use of internal and external crowdsourcing.

What Can Dancing Teach Us About Innovation?

Many organizations treat corporate innovation as a child: unpredictable, capricious, and difficult to control. And as it often happens to us adults, we feel an irresistible urge to pontificate, to teach the child a lesson. I’m amazed at the popularity … Continue reading

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Innovating With Competitors

(This piece was originally posted to the HeroX blog) With the waves of disruption rocking every corner of the global economy – dethroning powerful incumbents while skyrocketing to fame brazen startups – innovation isn’t a luxury anymore. It’s a means of … Continue reading

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Innovation’s “Uncharted Waters”

(This piece was originally posted to the HeroX blog) A few years ago, Wazoku, a UK idea management software company, sponsored an innovation survey. The results of the survey are a cause of concern for anyone interested in corporate innovation.  Full … Continue reading

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Democratizing Innovation with Crowdsourcing

(This piece was originally posted to the HeroX blog) In 2006, Prize4Life, a Cambridge, MA-based nonprofit organization dedicated to finding the cure for amyotrophic lateral sclerosis (ALS, a.k.a. Lou Gehrig’s Disease) launched a multi-stage crowdsourcing campaign, the ALS Biomarker Grand Challenge. … Continue reading

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Crowdsourcing: A Decade In Review

(This piece was originally posted to the HeroX blog) In 2004, James Surowiecki published a highly influential book, “The Wisdom of Crowds.” The central idea of the book is that the decisions made by a large and diverse group of … Continue reading

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Innovation: The Role of Money and Government

Over the past couple of months, I have attempted to assess the role of a few major socio-economic factors on the national innovation potential. To do that, I ran a series of simple regression tests to estimate the correlation between … Continue reading

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Innovation and Money

In my previous post, I further explored the notion that the ability of a country to innovate correlates with the level of political freedoms in this country. In particular, I showed that no such correlation exists for non-democratic countries (as … Continue reading

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Innovation: Governments Matter

In a recent post, I presented evidence that the ability of a country to innovate correlates with the level of political freedoms in this country. To make this argument, I used innovation rankings from the 12th (2019) edition of the Global Innovation … Continue reading

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The Fallacy of Predictions

There is a popular joke (attributed to Niels Bohr): “It is difficult to make predictions, especially about the future.” I remembered it when I picked up the March-April 2020 issue of the MIT Technology Review. Subtitled “The prediction issue,” it … Continue reading

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Innovation and Freedom

With waves of profound technological change rocking every corner of the global economy, innovation isn’t a luxury anymore, not even a matter of choice – it’s a means of survival.  The mantra “innovate or die” may have become a cliché, … Continue reading

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