Tag Archives: R&D processes

Get it right: how to help startups succeed

Given the increasingly important role startups and other small businesses play in today’s economy, supporting them should be considered a policy that will have a profound positive effect on the global economy. From this perspective, pinpointing factors casing startups fail is … Continue reading

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3 Ways to Improve the Efficiency of the “Idea Generation” Process

In my previous post, I compared the efficiency of two approaches to corporate innovation: “bottom-up” and “top-down.” The former approach relies on ideas that are first generated by a company’s employees and then channeled up to the company’s senior management. … Continue reading

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Working a Crowd

If crowdsourcing has not yet become a mainstream innovation tool, this is definitely not for the lack of attention. Crowdsourcing remains a topic of intense academic studies, and a recent paper by researchers from Simon Frazer University in Canada is … Continue reading

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Not All Innovation Models Are Created Equal

It’s one of the most popular topics in innovation discussions: why innovation fails? How many times have you heard the following narrative? With great fanfare, the XYZ Company launches an innovation initiative. Employees are urged to submit ideas, and a … Continue reading

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All Innovation Is Local

I like this phrase: all politics is local. Ascribed to the late Speaker of the U.S. House of Representatives Tip O’Neill this phrase means that all political decisions, regardless of their purpose and scale, must take into account the interests … Continue reading

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The Strength Within

(This post originally appeared on Forward Metrics) Back in 2005, on a trip to Germany, I was having a dinner with a business partner of mine, an innovation manager for a large German chemical company. Chatting about this and that, … Continue reading

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A Multiple Choice Test

(This post originally appeared on Innovation Excellence) Everyone has his or her sense of order. My daughter, for example, arranges her clothes in the alphabetical order of brand names. The growing adoption of open innovation tools in corporate innovation practices has … Continue reading

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