Tag Archives: Innovation

Don’t “fiddle” with the crowd — ask it better questions instead

Posted on November 16, 2017 by Eugene Ivanov

(This post originally appeared on InnovationManagement.se) As the examples of successful use of crowdsourcing to address complex technical, business and social issues grow in numbers, so do the instances of failed crowdsourcing campaigns. To make crowdsourcing a widely recognized idea-generating … Continue reading →

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Does crowdsourcing need “rethinking”?

Posted on November 7, 2017 by Eugene Ivanov

  (This post originally appeared on Edge of Innovation) An article in the latest issue of Harvard Business Review describes a product development study by Reto Hofstetter, Suleiman Aryobsei and Andreas Herrmann (Journal of Product Innovation Management, forthcoming). What caught my … Continue reading →

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Bring me problems, then solutions, then problems again…

Posted on October 20, 2017 by Eugene Ivanov

Innovation managers hate the line “Don’t bring me problems, bring me solutions.” They insist that before any innovation project can begin, a thorough investigation of the underlying problems must take place; collecting solutions can only start when the problems are … Continue reading →

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The numbers game

Posted on October 13, 2017 by Eugene Ivanov

In my previous post, I argued that a popular in the corporate innovation circles belief that ideas are plentiful and cheap (“a dime a dozen”) doesn’t withstand scientific scrutiny. A joint Stanford/MIT research team has presented a wide range of empirical … Continue reading →

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Are ideas plentiful and cheap?

Posted on September 22, 2017 by Eugene Ivanov

  We often hear: ideas are cheap. “Ideas are a dime a dozen. People who implement them are priceless,” claims a 2013 article in Forbes. As a prevailing point of view has it, innovative ideas are plentiful; it’s the idea … Continue reading →

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Balancing startup success and failure: how VC investors can tip the scales

Posted on September 10, 2017 by Eugene Ivanov

Recently, I’ve come across an interesting paper, “Tolerance for Failure and Corporate Innovation,” published in 2011 by Xuan Tian of Indiana University and Tracy Yue Wang of University of Minnesota. Tian and Wang studied the relationship between venture capital (VC) … Continue reading →

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A crowd inside

Posted on August 1, 2017 by Eugene Ivanov

When you read the original (and, in my opinion, still the best) definition of crowdsourcing proposed by Jeff Howe in 2006–“the act of taking a job traditionally performed by a designated agent (usually an employee) and outsourcing it to an undefined, generally … Continue reading →

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The wisdom of crowds in a flash

Posted on July 25, 2017 by Eugene Ivanov

(This post has originally appeared on Edge of Innovation) There are two important rules of running a successful crowdsourcing campaign. First, a complex problem or a task should be divided into a set of smaller, more manageable pieces; each of them … Continue reading →

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The strength that comes from within

Posted on July 19, 2017 by Eugene Ivanov

                                  This post has originally appeared on the Cultivate Labs Blog  As crowdsourcing becomes more widely adopted as a corporate innovation tool, the spotlight … Continue reading →

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One more time about “culture of innovation”

Posted on July 11, 2017 by Eugene Ivanov

My previous post, “The “culture of innovation:” misnomer, oxymoron, myth or chimera?”, has caused a lively discussion in a number of LinkedIn groups. Approximately half of the commenters were sympathetic to my claim that the very term “culture of innovation” … Continue reading →

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