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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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Innovation & Strategy Conference: Driving Home Disruption

Yet2

At PerkinElmer a lot of employees who came from startups through acquisitions end up being very strong innovation champions. Innovation groups need to show the rest of company that they are making progress. All companies have a mix of internal and external innovation. Innovation Focused on Purpose-Driven Purchases.

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Building a Culture of Innovation

Fehmida Kapadia

We can take these pages from history and implement those lessons to build ecosystems of innovation and creativity. In his book Imagine How Creativity Works , John Lehrer has researched and documented these historical examples that created environments of innovation and creativity. Picasso Children create with abandon.

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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. Giffgaff — the wholly owned subsidiary of O2 used co-creation as the vehicle for innovation. Source: The Telegraph. The Giffgaff story.

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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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When innovation led to a reversal of fortunes

hackerearth

(Read WSJ ’s “Is a Peanut-Butter Pop-Tart an Innovation?” There are plenty of expert definitions of innovation out there. Companies are leaving no stone unturned in their attempts to drive innovation, be it radical, incremental, or breakthrough. The company encourages open innovation via Lego Ideas.