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Why We Are Entering A New Innovation Era.

Paul Hobcraft

I wrote this recently in a post entitled “ Bringing New Innovation is Stretching the Mind “ It opened with this view: “There is a profound shift taking place, relating to innovation. Posted on September 21, 2011. What are the new paradigms in innovation? Posted on August 26, 2011.

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Adaptive Strategy Matrix [Infographic]: exploration vs. exploitation?

Open Innovation EU

I recently ran into an article (Walrave et al 2011) that analyzed a simulation of investing in exploration vs. exploitation. The decision to invest in (mainly short-term oriented) exploitation or to invest in (mainly long-term oriented) exploration is one of the key concepts of management and often referred to as ambidexterity.