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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Lessons in Collaboration

The Art of Managing Complex Collaborations

August 5, 2015 | Eric Knight, Joel Cutcher-Gershenfeld, and Barbara Mittleman

The only way to move forward on society's biggest challenges may be through consortiums. But it's not easy to assemble such groups or to keep them together. The experiences of The Biomarkers Consortium, a nine-year-old public-private partnership in the health industry, presents five lessons in managing these kinds of complex collaborations. These lessons are useful for anyone trying to build consensus to address broad societal challenges among multiple stakeholders with both common and divergent interests.

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Insights Into Innovation

Companies are embracing innovation in every aspect of operations, from their relationship to their product category to the ways they find and test new ideas.

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Leading Cultural Change

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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.

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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.

Strategies in Leveraging 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.