Tag Archives: R&D processes

Are you bored to death and procrastinating? Good for you!

In my two previous posts (here and here), I argued that the 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 a myth. Available evidence suggests … Continue reading

Posted in Innovation | Tagged , , , | Leave a comment

Five Barriers to Adopting Open Innovation and How to Overcome Them

(This piece was originally posted to the HeroX blog) A friend of mine, an innovation consultant, likes to joke: “Innovation is simple…but not easy.” The same can be said about open innovation. Henry Chesbrough, who introduced the concept of open innovation … Continue reading

Posted in Crowdsourcing, Innovation | Tagged , , , , , , , , , , , , , , | Leave a comment

If not Google, then who?

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

Posted in Global Innovation, Innovation | Tagged , , , , , , , , , , | Leave a comment

Innovation and U.S. National Security

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

Posted in Global Innovation, Innovation | Tagged , , , , , , , , , , , , , , , , , | 2 Comments

A board game

Blaming the CEOs for all real and imaginable transgressions is a common thing these days. I’m not an exception myself: on more than one occasion, I argued that all major problems of the corporate innovation process stem from the lackluster … Continue reading

Posted in Innovation | Tagged , , , , , , | Leave a comment

Innovation: for and against

I like Jeff Bezos’ line: “Good intentions don’t work, mechanisms do.” To me, it sounds like a full support of my conviction that endless talks about establishing a “culture of innovation” is a distraction, rather than an enabler, in fostering … Continue reading

Posted in Innovation | Tagged , , , , , , , , | 2 Comments

Innovate today, get paid tomorrow

Theoretical analysis conducted by Gustavo Manso in 2011 suggests that the optimal incentives motivating employees to innovate must include a combination of tolerance for failures in the short term and reward for success in the long. Tolerance for early failures allows … Continue reading

Posted in Innovation, Rewards and Recognition | Tagged , , , , , | 3 Comments

The numbers game

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

Posted in Innovation | Tagged , , , , | 5 Comments

The wisdom of crowds in a flash

(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

Posted in Crowdsourcing | Tagged , , , , , , , , | 1 Comment

Matching crowdsourcing to specific stages of business model innovation

(The original version of this piece was posted to the Qmarkets blog) I like to argue (for example, here) that one of the major reasons crowdsourcing has not yet become a mainstream innovation tool is a paralyzing uncertainty over the question … Continue reading

Posted in Crowdsourcing | Tagged , , , , , , , , , , , , , , , , , , , , | 9 Comments