Tag Archives: COVID-19

Investing in R&D spending

Innovation is rapidly becoming the key factor defining America’s economic growth, prosperity, and competitiveness on the world stage. It also has a profound effect on national security, as highlighted in a 2019 report composed by the Council on Foreign Relations … Continue reading

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A Case of Innovation Foreboding: 3 Things That Can Damage U.S. Innovation Long-Term

When it comes to complex things, the proverbial glass is never full; it’s only half-empty. On the other hand, the glass is never empty; it’s always half-full. The glass analogy perfectly applies to U.S. innovation. In fits and starts, the … Continue reading

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Prohibition, disrupted networks, and innovation

The best answer to the question “Do government regulations hurt innovation?” seems to be “It depends.” The suspicions against regulations are fueled by wide-spread belief that they damage economic growth, with which innovation is intimately connected. Yet, academic research on the … Continue reading

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Innovation and spirit. Yes, that spirit.

Recent evidence strongly suggests that the U.S. is facing a growing shortage of novel ideas. Worse, the cost of getting these ideas is growing while their quality seems to be declining. Left unchanged, this trend may have serious negative consequences for American innovation. … Continue reading

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U.S. innovation: a perennial half-full/half-empty glass

In my previous post, I argued that a wide-spread belief that we are swimming in an ocean of cheap innovative ideas – solidified in a popular slogan “ideas are a dime a dozen” — is no more than a myth. … Continue reading

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Crowdsourcing: An Innovation Tool to Overcome the Limits of Remote Work

(A version of this article was originally posted to the Qmarkets blog) The unprecedented shock caused by the COVID-19 pandemic has forced many organizations to change the ways they do business. Almost every business operation has been affected: from the … Continue reading

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Crowdsourcing: Going Above and Beyond Consumer Products

(This piece was originally posted to the HeroX blog) In the past few years, crowdsourcing has finally come of age as a powerful open innovation tool allowing organizations – including corporations, government agencies, and non-profits – to use external crowds to … Continue reading

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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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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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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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