Innovation

Featured Innovation Articles

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Thriving in an Increasingly Digital Ecosystem

To prepare for digital disruption, companies need to consider which of four business models to adapt.

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Strategic Decisions for Multisided Platforms

Building a platform through which different groups interact requires smart thinking about strategy.

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Developing Effective Intellectual Property Partnerships

There are five options for structuring intellectual property partnerships, ranging from licensing to joint ventures.

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Social Media for Innovative Ideas?

How Twitter Users Can Generate Better Ideas

June 1, 2015 | Salvatore Parise, Eoin Whelan and Steve Todd

New research shows a link between the amount of diversity in employees’ Twitter networks and the quality of their ideas. “A diverse network provides exposure to people from different fields who behave and think differently," write Salvatore Parise (Babson College), Eoin Whelan (National University of Ireland) and Steve Todd (EMC Corporation). They found that the more diverse a person’s social network, the more likely that person is to be innovative. They also found that Twitter users who are both idea scouts and idea connectors are especially valuable in the workplace.

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Inside the Maker Movement

More people are becoming makers, tinkerers, and ad-hoc designers. With that, companies are figuring out how to tap into that richness of creativity and turn consumers into partners.

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The Age of the Consumer-Innovator

Consumers generate massive amounts of product innovation — which has significant implications for new product development.

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Ideas For Leading Change

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How to Use Analogies to Introduce New Ideas

If used wisely, analogies can help an organization’s employees comprehend change and innovation.

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The Inside and Outside View of Innovation

Two recent books focus on different aspects of innovation — within and outside the organization.

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How Innovative Is Your Company’s Culture?

A new assessment tool can help executives pinpoint a company’s innovation strengths and weaknesses.

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Why Innovations Are Arguments

Too many executives confuse what an innovation is with what an innovation would do for them if they had one.

Business Models to Leverage Technology

Winning the Race With Ever-Smarter Machines

December 21, 2011 | Erik Brynjolfsson and Andrew McAfee

The capabilities of computers are now improving so quickly that concepts can move from the realm of science fiction into everyday life in just a few years, rather than a lifetime. Rapid advances in information technology — computer hardware, software and networks — are yielding applications that can do anything from answering game show questions to driving cars. But to gain true leverage from these ever-improving technologies, companies need new processes and business models.