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The Thin Line Between Innovation and Insanity

Qmarkets

Dan Shechtman was awarded the 2011 Nobel Prize in Chemistry for its discovery. While a successful radical idea might be harder to conceive, it could end up being a “game-changer” which is worth a thousand smaller, incremental innovations. Sometimes collaboration is necessary to allow an idea to reach its true potential.

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The Thin Line Between Innovation and Insanity

Qmarkets

Dan Shechtman was awarded the 2011 Nobel Prize in Chemistry for its discovery. While a successful radical idea might be harder to conceive, it could end up being a “game-changer” which is worth a thousand smaller, incremental innovations. Sometimes collaboration is necessary to allow an idea to reach its true potential.

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33 Routes to Open Innovation

Open Innovation EU

It has been a while since Henry Chesbrough coined the term Open Innovation and formulated it’s definition: “combining internal and external ideas as well as internal and external paths to market to advance the development of new technologies.” Route 4: Collaborative Innovation. ” ( Chesbrough, 2003 ).