Remove 2002 Remove Big Data Remove Company Remove Culture
article thumbnail

Spotting Innovation Opportunities

ITONICS

Having only one good idea won’t help companies to survive. If a company focuses on incremental innovation and simple stage-gate ideation processes only, it won’t keep up in the long run. When talking about innovation, existing companies should, therefore, be entitled to create those breakthroughs by themselves.

article thumbnail

How China Creates the Strongest Innovation System

The BMI Lab Blog

In fact, today, some of the biggest companies in the world are based there. At BMI Lab we wanted to learn how they did it, so we travelled to China with some clients, visiting companies, factories, labs and universities to find the recipe for the secret sauce of Chinese innovation. BYD became the second largest battery company in 2002.

System 58