Extend your market making more profit with Social Innovations

Innovation 360

Joseph Schumpeter , the guru of innovation, addressed the process of innovation with his theory of creative destruction and his definition of entrepreneurs as people who combined existing elements in new ways to create a new product or service. The term is used in many ways and related to innovations such as microcredit and internet based distance learning as well as social entrepreneurship. There is also a new book published on the subject, Social Innovation, Inc.

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. Increasingly we are seeing a growing dissatisfaction on the impact that innovation is having; in growth, in returns, in market and customer impact. The New Innovation Need: Organizing within a Networks of Collaborators, Posted on October 3, 2016.

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Open Innovation: A 2014 Research Agenda

Open Innovation

One of the main goals of the Chesbrough/Vanhaverbeke/West 2006 book was to shape the research agenda of the open innovation. Our final chapter was immodestly entitled “Open innovation: a research agenda” (West, Vanhaverbeke and Chesbrough, 2006). Since I'm trying to write a short encyclopedia article on open innovation — and want to make it different from my 2011 article — it seemed a good time to review what’s been written recently. Open Social Innovation.”

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. External pressure: a balancing loop that suggests that both the exploitative loop and explorative loop will be disturbed by the market circumstances (a realism check), which will thus increase the likelihood of external forces saying that the strategy should change. A calm market or ecosystem will increase the external pressure to invest in exploitation.