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Featured Innovation Articles
How Shared Responsibility Can Shape a Compelling Vision
Radhika Dutt
High-performing teams feel a sense of shared responsibility for creating the world they envision.
What Tech Pioneers Can Learn From Emerging Markets
Tarun Khanna, interviewed by Frieda Klotz
Developing-world entrepreneurs need to build networks that compensate for weak public institutions.
Making Corporate Venture Capital Work
Patrick Flesner et al.
The worlds of venture capitalism and corporate investing are not always easy to combine.
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Accelerating Digital Innovation Inside and Out
Gerald C. Kane et al.
In the 2019 Digital Business Report, MIT SMR and Deloitte’s survey analysis and executive interviews unveil the distinctive characteristics of innovation in digitally maturing organizations. Ecosystems and cross-functional teams allow them to be agile, but this increased agility demands a thorough consideration of governance as well.
Thinking Outside the Box
Where China Is Leading the Mobility Revolution
Heiko Rauscher
China is taking the lead on developing new technology focused on mobility.
How a Group of NASA Renegades Transformed Mission Control
Loizos Heracleous et al.
Lessons on how to balance efficiency and innovation from NASA’s rebel innovators.
When Patients Become Innovators
Harold DeMonaco et al.
Health care consumers are contributing their skills, money, and time to develop effective solutions.
Transforming Manufacturing and Supply Chains With 4D Printing
Monika Mahto and Brenna Sniderman
The next transformative emerging technology could be 4D printing.
Innovation and Growth
Grow Faster by Changing Your Innovation Narrative
George S. Day and Gregory P. Shea
Companies aspiring to organic growth leadership in their industries should start with a coherent, affirming innovation narrative and reinforce it with action. The authors tested 18 well-known innovation levers and identified the four that organic growth leaders use most to stay ahead of competitors: (1) invest in innovation talent, (2) encourage prudent risk-taking, (3) adopt a customer-centric innovation process, and (4) align metrics and recognition with innovation activity.
Nondisruptive Creation: Rethinking Innovation and Growth
W. Chan Kim and Renée Mauborgne
Many people have come to view disruption as a synonym for innovation. This single-minded focus leads companies to overlook an alternative path to growth: the nondisruptive creation of brand-new markets where none existed before. It’s time to embrace the idea that companies can create without destroying — and expand the conversation about the problems they can solve and the opportunities they can seize.
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Digital Innovation
The First Law of Digital Innovation
George Westerman
Technology changes quickly, but organizations change much more slowly.
Learning to Love the AI Bubble
Philipp Gerbert and Michael Spira
Unlike the housing bubble, the effects of a bursting AI bubble wouldn’t cause great harm.
How to Read and Respond to Weak Digital Signals
Venkat Venkatraman
In a fast-changing business landscape, it pays to spot digital trends early and prepare to adapt.
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Platform-Centered Innovation Strategy
Unleashing Innovation With Collaboration Platforms
Massimo Magni and Likoebe Maruping
Digital collaboration platforms can leverage team diversity and expertise, but business must focus on how distributed teams orchestrate their collaboration and how leaders facilitate innovation. The specific collaboration platform you choose is less important.
How Digital Platforms Have Become Double-Edged Swords
Michael A. Cusumano, Annabelle Gawer, and David B. Yoffie, interviewed by Allyson MacDonald
The most valuable companies in the world have harnessed platforms’ power to achieve rapid growth and market dominance. But as these platforms have grown in size and scale, the opportunity for abuse has become very real — while profitability isn’t coming easily even for successful platforms. In an interview with MIT SMR, the authors of The Business of Platforms bust the myths and outline the pitfalls of platform strategy.
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Assessing the Space Race
Space: The Final Economic Frontier?
This month’s MIT SMR Strategy Forum poll looks at the space economy, which some estimate could reach $1 trillion in 20 years. We asked our panel of strategy experts to evaluate whether commercial activity in space will see a boon in the next decade, or if this bet on the final frontier is off the mark.