Tag Archives: Innovation

Innovation and inequality

Posted on December 17, 2019 by

High-tech innovation has been a powerful driver of the U.S. economy – and as such can take full credit for the country’s prosperity since World War II. Yet, as a recent report by the Brookings Institution suggests, it has also … Continue reading →

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If not Google, then who?

Posted on December 11, 2019 by

Is Jeff Bezos upset with the U.S Department of Defense’s decision to award a lucrative $10 billion contract not to Amazon but to Microsoft instead? You bet. But he still firmly believes that U.S. tech companies must work with the … Continue reading →

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What Can Crowds Do?

Posted on December 7, 2019 by

Since the 2004 publication of James Surowiecki’s highly influential book, The Wisdom of Crowds, the idea that large groups of people are smarter than a few individuals, no matter how brilliant, has been gradually gaining prominence in academic circles, business … Continue reading →

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Innovation and U.S. National Security

Posted on December 4, 2019 by

The important role innovation plays in economic growth and prosperity of the world’s nations is well documented. A recent report by the Council on Foreign Relations, a think tank specializing in U.S. foreign policy and international affairs, highlights the crucial … Continue reading →

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Being an expert: traveling the same road again and again

Posted on November 24, 2019 by

There are several reasons for the slow adoption of crowdsourcing as a practical problem-solving tool. One of them is the lack of trust in the intellectual power of the crowd, its ability to tackle complex problems. Almost everyone would agree … Continue reading →

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“Fail often” but not too often

Posted on November 18, 2019 by

“Failing fast and often” has become an innovation mantra. Of course, not everyone takes this wisdom at face value. Even more tellingly, no one has taken the trouble to explain what “fast” and “often” precisely mean when applied to failure. … Continue reading →

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Crowdsourcing: two approaches, two objectives

Posted on November 13, 2019 by

In my previous post, I reminded the original definition of crowdsourcing by Jeff Howe: “the act of taking a job traditionally performed by a designated agent (usually an employee) and outsourcing it to an undefined, generally large group of people … Continue reading →

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What is crowdsourcing?

Posted on November 1, 2019 by

In recent years, crowdsourcing has become a popular topic in business publications and social media. Yet, its acceptance as a practical problem-solving tool has been slow. Why? Because there is a widespread, often completely paralyzing, uncertainty over what crowdsourcing is … Continue reading →

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Is your shovel good enough to hit the nail?

Posted on October 21, 2019 by

Imagine you’re outside and need to hit the nail into the wall to hang a picture. You select the nail of the correct size and then look around for an appropriate hitting tool. You pick up a new, shiny shovel … Continue reading →

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Does “process” kill innovation?

Posted on October 8, 2019 by

Reading Steve Blank is always a pleasure. Not only is he among the world’s best scholars of corporate innovation; his ability to explain complex things in a simple language is unparallel. Blank’s recent HBR piece, “Why Companies Do ‘Innovation Theater’ … Continue reading →

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