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Fernando F. Suarez and Stine Grodal
The ideal window of opportunity to enter a new industry starts when a dominant category label is introduced.
The overconfidence of presumed expertise is counterproductive. Instead, data trumps intuition.
Naty Barak (Netafim), interviewed by Nina Kruschwitz
For farmers, maintaining adequate water for their crops is a key challenge in a changing climate.
November 22, 2013 | Michael Fitzgerald
What should a company do if its digital business model isn’t working very well? Peter Weill, chairman of the MIT Sloan School of Management’s Center for Information Systems Research, has created some principles to revamp the fortunes of a digital business. His framework focuses around three planks: content, experience and platform. Executives should decide which plank offers competitive advantage and develop a world-class version of it online, partnering with others for the other two planks.
Companies that have close bonds with customers and user communities are integrating their best ideas into future products.
Jeroen P.J. de Jong and Erik de Bruijn
How should companies respond to game-changing open-source innovations from online user communities?
Yun Mi Antorini et al.
For the Lego Group, a close bond with user communities is not a pipe dream but a reality.
Companies can work with consumer innovators, or “casual entrepreneurs,” by understanding their lead users.
By Alan MacCormack et al.
Companies are increasingly turning to contests to generate many diverse ideas.
Eoin Whelan et al.
The key to open innovation? Ensuring outside ideas reach the people best equipped to exploit them.
Donna Cuomo, Laurie Damianos and Stan Drozdetski (MITRE), interviewed by Gerald C. (Jerry) Kane
A social business tool is helping U.S. government agencies crowdsource collaboration.
Robert D. Austin and Thorkil Sonne
People who are “different,” behaviorally or neurologically, can add significant value to companies.
Jay Rao and Joseph Weintraub
A new assessment tool can help executives pinpoint a company’s innovation strengths and weaknesses.
Andy Binns et al.
What does it take to transform an organization before a crisis hits?
By Andrew King and Karim R. Lakhani
Which parts of your innovation processes should you open up to the wider world?