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.

Does the Term “Closed Innovation” Still Have Meaning?

(This piece was originally posted to the HeroX blog) Remember the famed Bell Labs, once a powerful R&D center for the telecommunication equipment company Lucent Technologies (acquired by Nokia in 2016)? Bell Labs’ researchers are credited with the development of radio … Continue reading

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The Role of Diversity in Innovation

(This piece was originally posted to the HeroX blog) Can labor laws affect innovation? To many people, this question may sound nonsensical. Why would such a boring thing like labor law have anything to do with an exciting act of creating … Continue reading

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Sharing Knowledge in Times of Crisis – and Beyond

(This piece was originally posted to the HeroX blog) In March 2020, the White House Office of Science and Technology Policy1 released an open dataset of scientific information on the novel coronavirus responsible for the ongoing worldwide pandemic. Titled COVID-19 Open Research Dataset, … Continue reading

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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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