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Ten pitfalls inventors face and tips for avoiding them

Idea to Value

Partners and team. Tip: Develop mock-ups or prototypes early and use them for validating your assumptions and the market need. Starting to develop an invention without having an intellectual property strategy in place is just as dangerous as starting a business without a business plan. Partners and team. Not starting.

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Working together to shape innovation for meaningful change

Paul Hobcraft

To support you in building out your innovation competencies, capabilities and capacity that requires a deeper investment in skill development in a culture of continual learning. Use tools like brainstorming sessions or interdisciplinary teams to encourage diverse insights.

Change 173
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Unique Ways Successful Startups are Changing the Corporate Innovation Landscape

Idea to Value

The word ‘corporate innovation’ is becoming an increasingly popular buzzword, but for the most forward-thinking companies, it represents the future of the business and a significant spend on research and development. This will allow the corporate to more rapidly apply the benefits of the collaboration and develop the business.

Change 180
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The Future of Design Thinking: Integrating Artificial Intelligence for Success

Leapfrogging

From healthcare to finance, AI’s ability to process vast amounts of data at unprecedented speeds has revolutionized traditional practices. This process is widely adopted by managers, executives, and consultants to drive new product development, service innovation, and business model refinement.

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Want to Innovate? Make Sure You Have a Seat at the Table

Innovation in Practice

For most companies, the top marketer, usually called the chief marketing officer, is part of the senior leadership team and sits on the executive committee or management board. If you let things slip in terms of your team’s skills and effectiveness, you’re going to lose that seat. Pricing could go to finance.

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Experimenting Your Way to Bolder Innovation

Qmarkets

If you want to create a successful, hyper-growth company, you've got to focus on empowering your teams to rapidly experiment.” When data-driven experiments are run (like market surveys), they often take too long, cost too much or deliver little new insight to develop the idea. Encourage bold/crazy ideas 2.

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The Art of Agile

etventure

In this article, etventure’s Head of Product Gregor Ilg will take a closer look at the buzzword “Agile” – and de-mystify Agile in a business context. If it is not applied properly, agile development can easily turn into chaos! Commence development – which might take many months to complete. What is Agile?

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