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Key Issues in Innovation Management – Revisited – Part 2

Tim Kastelle

In part 1 of this post , Ralph revisited key innovation issues that were already addressed by us three years ago. Research confirms: development of exploration in parallel to exploitation capabilities proves to be mandatory for established companies in order to compete successfully and sustainably. Co-Innovation and startup engagement.

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11 Paradoxes of Entrepreneurial Thinking: why entrepreneurship can hardly be taught

Open Innovation EU

In essence it is nowadays recognized as the difference between creativity (Schumpetarian) and alertness (Kirzner) – creation versus discovering. The entrepreneur is an innovator and disturbs the economy (De Jong & Marsili, 2010; Schumpeter, 1934). When to be creative, when to be managerial. Entrepreneurial thinking.

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Why you need extreme constraints to fuel innovation

hackerearth

The team calls itself a curiosity driven research group at Stanford, trying to invent novel technologies with clinical applications with a current focus on resource-poor settings. Amazing, cost-effective and extremely useful innovations come out from this frugal science advocate’s lab. Have you heard of the “Prakash Lab”?

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Innovation and Organizational Culture

Tim Kastelle

Recently, the Boston Consulting Group (BCG) has published key findings of their latest “ Most Innovative Companies 2014 ” survey. According to BCG’s research, successfully innovating companies approach innovation as a system. Open doors and listen vs. Be loyal to your team.

Culture 100
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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

Hence, I gave it some thought, starting by revisting an earlier reflection: Beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come. But even participating in other firms’ ecosystems can be highly attractive, as demonstrated by e.g. several app developers.

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Co-creating volume 3

Innovation 360 Group

Innovators following the Need Seeker strategy will be most interested in narrowing the spotlight on customers, partners, and clients to offer superior value to the market. In contrast, strategies based on Technology Drivers investigate problems, many of them unarticulated, and explore how the latest developments are reshaping various sectors.

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Co-creating volume 3

Innovation 360

Innovators following the Need Seeker strategy will be most interested in narrowing the spotlight on customers, partners, and clients to offer superior value to the market. In contrast, strategies based on Technology Drivers investigate problems, many of them unarticulated, and explore how the latest developments are reshaping various sectors.