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Importance of Managing R&D as a Business

Harvard Business Review’s The Daily Stat was right on the money, literally: “ Twice the R&D Budget Doesn’t Get You Twice the Innovations “ No beating around the bush here. According to research 1...

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Rethinking the Product Development Funnel

As originally envisioned, the product development funnel implied that a well-defined product development process exists. However, the original funnel, and others that have followed, are increasingly...

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Canadian Universities, the Innovation Gap, and Leaping the Landline

Canada’s approach, characterized by with several innovative strategies with no single one dominating, could be viewed as one that’s poised to leapfrog forward… Continue reading → [via Innovation...

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Innovation REALLY Matters – Lessons Learned from Detroit

Forbes republished its annual “Most Miserable Cities” list. It looks at employment/unemployment, inflation, incomes and cost of living, crime, weather, commute times – a pretty good overview of things...

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Is the Innovation Engine Running Out of Steam?

There are many pundits who think that the innovation engine which has powered the growth of the world economy is running out of steam. Peter Thiel, one of the founders of PayPal says that innovation...

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How Open Innovation Increases Consumer Value

Fast Company magazine recently named Nike the most innovative company of 2013, largely based upon a revolutionary new fitness monitoring bracelet called the FuelBand. The FuelBand has helped transform...

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Using Open Innovation to Gain First Mover Advantage

People keep asking me to define open innovation so it’s clear to me that plenty of confusion still reins around the topic. Here I spend some time trying to ensure that we are all on the same page...

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Giving Open Innovation a Chance to Work

I have the impression that Open Innovation still does not get the chance its potential deserves. There are many reasons for this. They range from overly generous definitions that enable companies to...

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Nokia is dead, Long Live Finland’s Innovation

Nokia’s story might well be now written by Microsoft, Finland’s innovation is dizzying. Katia Carra brings back from her survey trip in Finland some astonishing tips for innovation. One that stands...

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Survey: “I Want To See What You Do”

Blogging about Lerner & Loewe is a long way around the barn to discuss innovation, but that’s just how I roll. Read on for an exploration of memories, opinions, surveys, and how long it takes to...

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How Do You Measure Innovation?

How do you measure innovation? One of the reasons that only about 1/3 of all Fortune 1000 companies have formal innovation metrics is because this simple question does not have a simple answer....

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What are the Best Metrics for Measuring Success with Open Innovation?

Opening up your innovation initiatives to outsiders is seen as more effective than relying solely on your internal R&D or marketing departments. However, because this approach is so new there is a...

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Video: Instant language translation is coming to Skype

Soon Skype will be able to translate your conversation instantly between people speaking different languages. This will have a huge impact on business. Continue reading → [via Innovation Excellence]...

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Will Product Intelligence Develop the Next Sensor Device?

Over the last decade, we have seen a shift in the types of information that fuel business decisions making. There has been a transition from basing decisions and knowledge on limited qualitative and...

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Recycling Innovation: Batteries to Solar Power at MIT

MIT has created a brilliant solution. Turn the lead into a compound know as Perovskite, a compound that can be used for decades in solar cells. Continue reading → [via Innovation Excellence] Follow us...

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New Tricks for Old Dogs: The Task Unification Technique in Surgery

CPP has long frustrated physicians. Although some doctors have suspected that factors such as endometriosis and irritable bowel syndrome can cause CPP, it has always been difficult to make a...

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Innovation – Where the Desirable Meets the Possible

Once you have established if a proposition is desirable and possible, the assessment can be made on whether it is viable in the market. Continue reading → [via Innovation Excellence] Follow us...

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From Startup to Maturity: how to un-kill creativity

In 1998 Teresa Amabile published the article How to kill Creativity at the Harvard Business Review. Believe it or not–it was an inspiring article for me. It inspired me not to find more way to kill...

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Innovation Leadership Needs More Than Words

Last year I helped to run a survey with members of the IACCM (International Association of Contract and Commercial Management). We found that while 73% of organizations represented had innovation as...

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GE & Nat Geo: ‘Breakthrough’ TV series celebrates innovation in science

GE has partnered with National Geographic on a new series, ‘Breakthrough’, which premieres tonight, November 1st on the NatGeo channel. The series examines scientific explorers and cutting-edge...

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