Category Archives: Innovation

Innovating in Your Dream and With a Drink

There are a few reported approaches to boosting human creativity. Some of them are very proper. Perhaps the most popular is taking a shower — especially if followed by going to the garden and sitting under the apple tree. Another … Continue reading

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How to Build Your Innovation Dream Team (Part 2)

In Part 1, I described two potential approaches to building a corporate innovation team. One emphasizes specific individual skills of team members, the other focuses on the optimal mix of functional roles within the team. There is the third approach to the … Continue reading

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How to Build Your Innovation Dream Team (Part 1)

Do you agree that to pursue a corporate innovation project, you need a dedicated innovation team? Maybe not. We often hear that “innovation is everyone’s job” along with arguments that any structure kills creativity and stifles innovation. Why is the … Continue reading

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Are You Free to Innovate?

My search for factors advancing corporate innovation has led me to a somewhat unexpected conclusion: to innovate, you need freedom. This freedom can be realized at three major levels. The first level is individual, manifested as freedom from being discriminated … Continue reading

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Location (Location, Location) and Innovation

In my previous post, I discussed evidence indicating that liberal social policies make U.S. states implementing them more innovative. If so, one would expect that liberal U.S. states are in general more innovative than conservative. To see if there is … Continue reading

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What Can Social Policies Do to Innovation?

Like it or not, government socioeconomic policies influence innovation. Some of them, e.g., R&D tax credits and innovation grants, do that in a positive way. Others, such as the notorious Prohibition of 1920-1933, deeply damaged U.S. innovation. Traditionally the bulk … Continue reading

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Innovation do’s and don’ts

Jeff Bezos once said: “Good intentions don’t work, mechanisms do.” I interpret this line as implicit support for my conviction that chasing the chimera of “culture of innovation” is a distraction, rather than an enabler, of corporate innovation. Instead, firms … Continue reading

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3 Ways to Boost Innovation through Diversity

Have you ever heard about Employment Nondiscrimination Acts (ENDAs)? I suppose not. An obscure and boring subject. And yet, you might be surprised to learn that ENDAs, the U.S. state-level laws that prohibit discrimination based on sexual and gender identities, … Continue reading

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Opening open innovation toolbox

Proposed by Ralph-Christian Ohr model of integrative innovation management is a set of practical recommendations helping firms adopt a disciplined approach to innovation. Central to the model is the idea that firms must build a balanced portfolio composed of both exploitation and … Continue reading

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A map of open innovation tools

Open Innovation (OI) has made tremendous progress, both in theory and practice, since its major principles were articulated by Henry Chesbrough in a seminal 2003 book. Today, much better than in 2003, we understand OI’s value proposition, its governance and … Continue reading

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