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Author Archives: Eugene Ivanov
Get it right: how to help startups succeed
Given the increasingly important role startups and other small businesses play in today’s economy, supporting them should be considered a policy that will have a profound positive effect on the global economy. From this perspective, pinpointing factors casing startups fail is … Continue reading
Posted in Startups
Tagged Clinical Trials, corporate VCs, Culture of Innovation, Drug Development, Entrepreneurship, Innovation, Innovation Management, R&D processes, startup accelerators, startup incubators, Startups, U.S. Small Business Administration, Wharton’s Mack Institute for Innovation Management
2 Comments
Fashion guru Tim Gunn on crowdsourcing
Tim Gunn is a prominent fashion consultant, TV personality and author. He’s best known as the Emmy Award-winning co-host of the reality show Project Runway; he’s also the author of four bestselling books. Now, I have to admit that I … Continue reading
When it comes to (some) startups, ideas do matter
The rate of startup failure remains depressingly high: 55% of startups close before raising $1M in funding, and almost 70% of them die having raised less than $5M. So the question “Why do startups fail?”–or succeed, if you prefer a … Continue reading
Big Brother Loves You
By contributing to economic growth and creating jobs, small businesses play an important, perhaps, increasingly important, role in the global economy. Moreover, as the cradle for novel technologies and business models, small companies serve as the engine of the innovation … Continue reading
The dawn of the “craft economy”?
In a 2012 Harvard Business Review article, Maxwell Wessel made an interesting point. He argued that the corporate scale had ceased providing large companies with the same competitive advantage as it used to in the past. Being bigger doesn’t guarantee … Continue reading
Posted in Global Innovation, Innovation, Startups
Tagged Alibaba.com, Collaborative Innovation, Collaborative Innovation Transforming Business, competitive advantage, Craft Economy, David, Disruptive Innovation, Driving Growth, Goliath, Harvard Business Review, Innovation, Innovation Management, innovation tools, Job security, Maxwell Wessel, Nicco Mele, Radical Innovation, Small Businesses, Startups, World Economic Forum
3 Comments
Investing in culture of innovation
Everyone would agree that the rational risk-taking–and acceptance of failure as a likely outcome of any exploratory project–represents one of the most crucial components of the bona fide culture of innovation. What is missing in our endless talks about establishing … Continue reading
The beauty of crowdsourcing
Last week, I spoke with Paul Arnold, a seasoned business writer and BBC alumnus. The topic of our conversation was crowdsourcing: how companies use it and why they’re often disappointed with the results of their crowdsourcing campaigns. The full text … Continue reading
Want the correct answer (and perhaps to be a millionaire too)?
Over the past few months, I’ve been preaching the virtues of crowdsourcing to young entrepreneurs and startup (co)-founders. Perhaps, I’m not a good preacher, but very often, my message is being met with a visible skepticism. Why would I approach … Continue reading
Are We Faking Innovation?
Let me begin with a couple of quotes. “Innovation is like teenage sex; everyone talks about it, nobody really knows how to do it, everyone thinks everyone else is doing it, so everyone claims they are doing it!” (Cris Beswick, Founder … Continue reading
Can we make crowdsourcing available to small companies?
Crowdsourcing is a powerful open innovation tool allowing organizations to tap on the collective wisdom of their own employees (internal crowdsourcing) or pools of external talent around the world (external crowdsourcing). Internal crowdsourcing (usually managed through Internal Innovation Networks) can be … Continue reading
Posted in Crowdsourcing, Innovation, Internal Innovation Networks, Startups
Tagged 7(a) Loan program, Crowdsourcing, HeroX, IdeaConnection, InnoCentive, Innovation, Innovation Management, innovation tools, internal innovation networks, NineSigma, OISP, Open Innovation, open innovation services providers, Open Innovation Tools, U.S. Small Business Administration
1 Comment