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Celebrate Pride Month by Recognizing the Role of Diversity in Innovation

IdeaScale

The diverse teams fit the market price 58% better than the homogenous ones. The study mostly gained publicity for its broader social conclusions, that bubbles form in part due to social conformity, but it offers an intriguing result for those who need decisive choices in their innovation program. Making Innovation Inclusive.

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Adapt or die: lessons from 5 companies that failed to innovate

Idea Drop

In 2007 a small-time, ailing Netflix actually thought they were going to be acquired by the Blockbusters giant, but they decided they didn’t want to. Each CEO was so ignorant of history that they presented the same business plan over and over again, until Netflix was ready to take their market share with a bulletproof online offering.

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Good Ideas Often go Nowhere: Here’s What You Can Do About It

The Inovo Group

At the beginning of 2021, Zoom Video Communications (Zoom) had a market capitalization of $116B. Zoom was the result of the inability of Cisco Systems (market cap $189B), to recognize a huge, new opportunity. Eric Yuan, the founder of Zoom, was one of the first 20 employees of WebEx that was acquired by Cisco Systems in 2007.

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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). Product innovation processes in small firms: Combining entrepreneurial effectuation and managerial causation. – Berends, H.,

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Innovate, Adapt, Overcome: How to Beat a Recession with Idea Management & Continuous Improvement

Qmarkets

In the precarious economic climate, a global recession is an ever-present danger. However, by developing an innovation strategy that anticipates a downturn, you can help your enterprise weather the storm and even uncover lucrative ways to gain a competitive edge.

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Top 3 Alternative Assets for your Business Innovation Strategy

Qmarkets

They can then submit, collaborate, and evaluate ideas to assess whether they present value for implementation. By establishing a clear process that allows people to share their ideas, it creates an opportunity for creativity. Strategically making steps towards increasing your market share.

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11 Paradoxes of Entrepreneurial Thinking: why entrepreneurship can hardly be taught

Open Innovation EU

Whereas Schumpeter describes an entrepreneur as disequilibrative – destroying the pre-existing stage of the equilibrium ((Kirzner, 1999) – Kirzner chooses to describe the role of the entrepreneur as more equilibrative – entrepreneurs systematically displace disruptive conditions in order to create stabilized market conditions (Kirzner, 1999).