Author Archives: Eugene Ivanov

Unknown's avatar

About Eugene Ivanov

Eugene Ivanov is the founder of INSILICONOVATION, a consulting company that helps resource-constrained organizations diagnose root causes, surface hidden assumptions, and choose practical next steps before they spend money, time, or political capital on the wrong fix.

The dose is everything: how much labor protection is good for innovation

A theoretical concept proposed by Gustavo Manso in 2011 (I wrote about it here) postulates that the optimal combination of incentives that motivate employees to innovate must include tolerance for failure in the short term and reward for success in the long … Continue reading →

Posted in Innovation | Tagged , , , , | 1 Comment

The “labor law” of innovation

One might assume that pro-worker labor laws, due to their association with lower levels of investment, productivity and output, would have a negative effect on innovation. In fact, academic studies indicate that more stringent employment laws help firms and their … Continue reading →

Posted in Innovation | Tagged , , , | 6 Comments

Innovation and failure: from words to deeds

The idea that innovation involves experimentation—and experimentation often results in failures–has gradually crawled to the forefront of our thinking about the innovation process. It became fashionable to quote Amazon’s Jeff Bezos as saying that high tolerance for risk and failure accounts … Continue reading →

Posted in Innovation | Tagged , , , , | 7 Comments

How to Cultivate Innovation in the Workplace

Innovation is what most businesses aim for no matter what industry. In fact, a lot of today’s most successful businesses were founded on innovation. Look at Apple and Microsoft; both companies started from ideas that seemed impossible at the time … Continue reading →

Posted in Innovation | Tagged , , , , , , , | Leave a comment

Don’t “fiddle” with the crowd — ask it better questions instead

(This post originally appeared on InnovationManagement.se) As the examples of successful use of crowdsourcing to address complex technical, business and social issues grow in numbers, so do the instances of failed crowdsourcing campaigns. To make crowdsourcing a widely recognized idea-generating … Continue reading →

Posted in Crowdsourcing, Innovation | Tagged , , , , , , | 1 Comment

Does crowdsourcing need “rethinking”?

  (This post originally appeared on Edge of Innovation) An article in the latest issue of Harvard Business Review describes a product development study by Reto Hofstetter, Suleiman Aryobsei and Andreas Herrmann (Journal of Product Innovation Management, forthcoming). What caught my … Continue reading →

Posted in Crowdsourcing, Innovation | Tagged , , , , , , , , | 5 Comments

Bring me problems, then solutions, then problems again…

Innovation managers hate the line “Don’t bring me problems, bring me solutions.” They insist that before any innovation project can begin, a thorough investigation of the underlying problems must take place; collecting solutions can only start when the problems are … Continue reading →

Posted in Innovation, Portfolio Management | Tagged , , , , , | Leave a comment

The numbers game

In my previous post, I argued that a popular in the corporate innovation circles belief that ideas are plentiful and cheap (“a dime a dozen”) doesn’t withstand scientific scrutiny. A joint Stanford/MIT research team has presented a wide range of empirical … Continue reading →

Posted in Innovation | Tagged , , , , | 5 Comments

Are ideas plentiful and cheap?

  We often hear: ideas are cheap. “Ideas are a dime a dozen. People who implement them are priceless,” claims a 2013 article in Forbes. As a prevailing point of view has it, innovative ideas are plentiful; it’s the idea … Continue reading →

Posted in Crowdsourcing, Innovation | Tagged , , , | 1 Comment

Balancing startup success and failure: how VC investors can tip the scales

Recently, I’ve come across an interesting paper, “Tolerance for Failure and Corporate Innovation,” published in 2011 by Xuan Tian of Indiana University and Tracy Yue Wang of University of Minnesota. Tian and Wang studied the relationship between venture capital (VC) … Continue reading →

Posted in Innovation, Startups | Tagged , , , , , | Leave a comment