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How to Keep Innovating in an Economic Downturn

Innov8rs

Innov8rs | As we seem to heading towards economic downturn, leaders find themselves trying to reduce costs and foster growth at the same time. We have seen this happening during the last economic crisis, when merely 10% of companies performed better at the end of the crisis than they did before it.

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Typology for Innovative Organizations

Open Innovation EU

Each type of organization exists in three different levels of innovation. 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). Steve Blank (1995). 2) and has been widely studied (i.e.

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

Qmarkets

It’s estimated that a loss of more than $2 trillion in world-wide economic growth occurred between the second quarter of 2008 and the first quarter of 2009. In the interests of futureproofing your enterprise, it’s important to ensure your innovation strategy can accommodate the privations of turbulent economic times.

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VC to CV

100%Open

Who’d be a venture capitalist in 2015? Here we examine three alternative ways that are gaining ground. Open innovation. Open innovation between an SME and a larger company constitutes the majority of open innovation deals. Open Options. Corporate Venturing. Crowdfunding.

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The fascinating story of Giffgaff: A co-creation case study

hackerearth

58% of the businesses have piloted co-creation projects to help them innovate. One could perhaps think of crowdsourcing and co-creation as different aspects of open innovation. The best thing is to get real brand loyalty and people who care, because then we can do something with it. Source: The Telegraph.

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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). Massive investments, a huge market and the hiring of worldwide talent has boosted the Chinese innovative ecosystem.

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