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My innovation journey (so far)

Jeffrey Phillips

We felt that to remain competitive, larger companies needed to recapture the sense of wonder and adventure that working in the "front end" of innovation would create. My friend, who founded OVO Innovation with me in 2004, was really passionate about the idea of reviving innovation in corporations.

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Innovation adoption in the technology lifecycle for Energy Translation

Paul Hobcraft

The economics of powering the energy system with renewables has got to the point where there is real competitiveness. The value within such a highly evolving market like energy transitions, the functional effects can be related to the risks of the dysfunctional.

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What do Blue Lobsters Have to do With Innovation? Everything!

Mills-Scofield

Blue Lobster at the South Bristol Coop , 2004. Because the key to innovation isn’t processes, stage gates, weird exercises, or competitions. They think they’re innovative because they make something in green instead of just red, but they stick with their industries, markets, customers, and (usually dying) business models.

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What do Blue Lobsters Have to do With Innovation? Everything!

Mills-Scofield

Blue Lobster at the South Bristol Coop , 2004. Because the key to innovation isn’t processes, stage gates, weird exercises, or competitions. They think they’re innovative because they make something in green instead of just red, but they stick with their industries, markets, customers, and (usually dying) business models.

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Origin Story of The first CT scan (Republished from The Conversation

Rmukesh Gupta

But by the ‘60s, EMI wanted out of the competitive computer market and wasn’t sure what to do with the brilliant, eccentric engineer. But there was a problem: EMI wasn’t involved in the medical market and had no desire to jump in. He continued to putter around with inventions until his final days in 2004, when he died at 84.

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Innovate or Die: Open Innovation and 4 Key Measures to Stay Alive

Innovation Walk

Traditional companies have also started to deal with a new competition since the entry of fast-emerging businesses referred to as “startups“. In fact, the velocity of obsolescence , referred to the rate of speed at which a product or service and/or the competitive advantage of it will lose its value, has dramatically increased.

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Innovation Management: Importance, Ideas, and Examples

Acuvate

Building a culture of innovation that drives productive and sustainable innovation practices can spark more ideas from within your workforce helping organizations remain competitive & stay ahead in the long haul. C-level executives might not recognize the precise pain points of specific markets when compared to mid-level managers.