Tag Archives: Innovation

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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The Role of Diversity in Innovation

(This piece was originally posted to the HeroX blog) Can labor laws affect innovation? To many people, this question may sound nonsensical. Why would such a boring thing like labor law have anything to do with an exciting act of creating … Continue reading

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What Can Dancing Teach Us About Innovation?

Many organizations treat corporate innovation as a child: unpredictable, capricious, and difficult to control. And as it often happens to us adults, we feel an irresistible urge to pontificate, to teach the child a lesson. I’m amazed at the popularity … Continue reading

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Innovating With Competitors

(This piece was originally posted to the HeroX blog) With the waves of disruption rocking every corner of the global economy – dethroning powerful incumbents while skyrocketing to fame brazen startups – innovation isn’t a luxury anymore. It’s a means of … Continue reading

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Innovation’s “Uncharted Waters”

(This piece was originally posted to the HeroX blog) A few years ago, Wazoku, a UK idea management software company, sponsored an innovation survey. The results of the survey are a cause of concern for anyone interested in corporate innovation.  Full … Continue reading

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Innovation: The Role of Money and Government

Over the past couple of months, I have attempted to assess the role of a few major socio-economic factors on the national innovation potential. To do that, I ran a series of simple regression tests to estimate the correlation between … Continue reading

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Innovation and Money

In my previous post, I further explored the notion that the ability of a country to innovate correlates with the level of political freedoms in this country. In particular, I showed that no such correlation exists for non-democratic countries (as … Continue reading

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Innovation: Governments Matter

In a recent post, I presented evidence that the ability of a country to innovate correlates with the level of political freedoms in this country. To make this argument, I used innovation rankings from the 12th (2019) edition of the Global Innovation … Continue reading

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Innovation and Freedom

With waves of profound technological change rocking every corner of the global economy, innovation isn’t a luxury anymore, not even a matter of choice – it’s a means of survival.  The mantra “innovate or die” may have become a cliché, … Continue reading

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On Steve Jobs, Henry Ford, and Fast Horses

A solid consensus seems to exist that customer feedback, gathered through market research, is a key to successful innovation. And yet, I’m surprised how often one can hear dissenting voices. Some folks, especially not engaged in day-to-day innovation activities, claim … Continue reading

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