Tag Archives: Diversity & Inclusion

Are You Free to Innovate?

The image was created with the help of Microsoft Designer I like to argue that one of the most powerful drivers of innovation — and the one that draws surprisingly little attention — is freedom. Freedom emerges as a common denominator for the factors that … Continue reading

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Will the Women Innovators Please Stand Up?

My wife often complains that her hairdryer was designed by a bunch of bold males. True, it produces a stream of hot air. But the control buttons on the handle are arranged in such a way that the device is … Continue reading

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Dose Is Everything: How Religious Diversity Affects Performance

The idea that diversity boosts corporate performance and innovation is becoming mainstream. So far, the focus of attention has been mostly on factors of social diversity: the diversity of race, gender, and sexual identity. Unfortunately, less is known about the … 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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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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Innovation “quid pro quo”: firms that treat workers better are more innovative

In my previous post, I described studies showing that giving stock option grants to both executive and non-executive employees fosters innovation, which points to the important role compensation plays in defining corporate innovation performance. However, compensation is only one factor … Continue reading

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