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How China Creates the Strongest Innovation System

The BMI Lab Blog

(This is the first in a series of two articles about innovation in China, where we share the insights gained from the research trip we made to China with some of BMI Lab’s clients in August 2017). We have to bear in mind that the Chinese government has a long tradition of direct intervention in the economy.

System 58
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How Telltales Told You Not to Own Wal-Mart, and Continue To Do So

Adam Hartung

In the case of Wal-Mart I pointed out that an absolute maniacal focus on retail stores and low-cost operations, in an effort to be the low price retailer, was being made obsolete by on-line retailers who had costs that are a fraction of Wal-Mart’s expensive real estate and armies of employees. At that time WMT was about $54/share.

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Fund schools based on learning, not attendance

Christensen Institute

Michigan’s public schools will receive funding this year based on how many students attend on October 5, Chalkbeat reports. In other words, rather than pay for learning, public schools are paid based on enrollment. Small wonder that the focus on learning is so variable and results poor. Click To Tweet. Click To Tweet.

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Typology for Innovative Organizations

Open Innovation EU

At the centre are the innovation brokers: consultancy firms, education professionals and knowledge brokers who do not directly work with innovation, but accelerate it (Chesbrough, 2007). Organizational learning helps innovative organizations to deal with the ever-changing, unsure and unpredictable context of business (Van De Vrande, 2017).

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Which Music Do We Prefer? Interesting New Research

Michael Roberto

[link] We know that Spotify, Apple, and others have developed sophisticated algorithms to recommend music to listeners. Now we have a new academic study that suggests an interesting way to predict the music we will enjoy. While many customers know precisely what they would like to listen to, others are open to discovery.