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How much is innovation costing your organization?

Innovation 360 Group

Competitors share in the development of new ideas, more expertise is focused on the problems at hand, and everyone wins in the end. A tangible example is Tesla, where Elon Musk gave away patents to grow the electrical car market instead of fighting against all car manufacturers. An excellent example is the App Store in Apple.

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Applying AI and Machine Learning to Patent Data Analysis

Yet2

For example, patent landscapes created with the assistance of text clustering methods were already commonly available before 2008. It becomes the rational choice of the next step for patent analysis process and product development. As a result, using AI to process patent data has become a lot easier and more accurate.

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Your Guide to Incremental Innovation: Examples and Lessons from Global Brands

Qmarkets

We’ll explore examples, discover the key benefits of this type of innovation, and identify the best way of developing your own incremental innovation process. It’s a series of much smaller innovations that make sure that a product consistently evolves over time and becomes more competitive in the market. Let’s get started.

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Great to Good Innovation

IdeaSpies

They were inventors of the 20th Century; many of which gave rise to the said products. Jack Ma (2000), Jeff Bezos (2003), Mark Zuckerberg (2004), Reed Hastings (2007), Brian Chesky (2008), Travis Kalanick (2009), Anthony Tan (2012). Now, how about these? They were also inventors, but of the 21st Century.

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Great to Good Innovation

IdeaSpies

They were inventors of the 20th Century; many of which gave rise to the said products. Jack Ma (2000), Jeff Bezos (2003), Mark Zuckerberg (2004), Reed Hastings (2007), Brian Chesky (2008), Travis Kalanick (2009), Anthony Tan (2012). Now, how about these? They were also inventors, but of the 21st Century.

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Great to Good

IdeaSpies

They were inventors of the 20th Century; many of which gave rise to the said products. Jack Ma (2000), Jeff Bezos (2003), Mark Zuckerberg (2004), Reed Hastings (2007), Brian Chesky (2008), Travis Kalanick (2009), Anthony Tan (2012). Now, how about these? They were also inventors, but of the 21st Century.

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What is innovation management and why your organization needs it

hackerearth

Source: The Evolution of Innovation Management towards Contextual Innovation (2008). For example, here’s an interesting break up according to Larry Keeley. Google and 3M are good examples of this model. The focus area (new markets, new uses, the source of ideas, line extensions, product development, etc.)