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Trust the Customers, Not the Experts

Destination Innovation

When he returned to England in 2002, he endeavoured to raise funding. In 2002 he was successful in gaining a grant from the Prince’s Trust who also provided him with a mentor and business advice. After graduating he developed this idea and presented it to luggage companies who thought it was a toy.

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The Knowns and Unknowns of the Front End of Innovation

HYPE Innovation

Secretary of Defense Donald Henry Rumsfeld, who mentioned “unknown unknowns” (Rumsfeld, 2002). The above quote is from the former U.S. For innovators so much of innovation is hard to detect, it needs discovery and working through these quadrants of knowledge as well.


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Business Model Innovation Basics Series - Part 1: What is a Business Model?

The BMI Lab Blog

Magretta, 2002). WHO – Every business model serves a certain customer group (Chesbrough and Rosenbloom 2002; Hamel 2000). Magretta 2002). And what does the customer value? How do we make money in this business? What is the underlying economic logic that explains how we can deliver value to customers at an appropriate cost?”

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Seven Companies That Failed to Innovate and What Happened to Them


In 2002, Circuit City looked at the retail landscape, saw success in its future, and decided CarMax needed to be its own company. Seeing the writing on the wall, Compaq sold itself to Hewlett Packard in 2002. They spun it off, giving the shares it owned to Circuit City investors as a dividend.

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Sustaining a Healthy World Through Growing Crop Health

Business and Tech

According to the USDA Economic Research Service, public agricultural research and development has declined by about a third between 2002 and 2019, even though there is an average of $20 of benefits to the U.S. Funding the future of food. economy for every $1 of spending.

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What’s More Important Than Following Your Dreams?

Innovation Excellence

Abdul Kalam, President of India from 2002-2007, loved to talk about dreams. The path to success may be paved with dreams but navigating it requires more than wishful thinking. My favorite of his many quotes about them is, “Dream is not the thing you see in sleep, but is that thing that doesn’t let you.

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Comment on Innovation Minute #25: How to Conduct Healthy Experiments by Fraser Liscumb

Stephen Shapiro

When our Hub introduce Canadian government in 2002 to community incubator and accelerator thinking. Maybe you should send this to all Global leaders.