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Six Internal Innovation Sources You should know

ITONICS

A good example is the case of Toyota, where the leadership encourages innovation by eliminating some of the pressure for short-run returns. Toyota’s decade-long investment in its brand Prius eventually resulted in creating a reputation for the company as a respected product innovator. Centralized R&D Unit.

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6 Internal Sources of Innovation

ITONICS

A good example is the case of Toyota, where the leadership encourages innovation by eliminating some of the pressure for short-run returns. Toyota’s decade-long investment in its brand Prius eventually resulted in creating a reputation for the company as a respected product innovator. Centralized R&D Unit.

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Gartner Research Insights: 5 Innovation Hacks to Boost your Digital Return

Qmarkets

Funding innovation requires a mindset that encourages disciplined experimentation with a portfolio approach. Before changing existing funding processes, try creating a small “slush” fund for digital innovation projects. FORMALIZED INNOVATION MANAGEMENT. DEDICATED METRICS. This is what many large organizations do.

Survey 40
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Gartner Research Insights: 5 Innovation Hacks to Boost your Digital Return

Qmarkets

Funding innovation requires a mindset that encourages disciplined experimentation with a portfolio approach. Before changing existing funding processes, try creating a small “slush” fund for digital innovation projects. FORMALIZED INNOVATION MANAGEMENT. DEDICATED METRICS. This is what many large organizations do.

Survey 40
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How to enable inclusive innovation

hackerearth

Utrecht-based BoP Innovation Center, a nonprofit foundation, held a hackathon in April 2018 in Africa to promote the use of virtual reality for inclusive business. Read more about their amazing projects for low-wage markets here.) For a truly inclusive approach, the poor need to be part of the process.

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Why you need extreme constraints to fuel innovation

hackerearth

In 2014, the Stanford bioengineer, Manu Prakash built a 50-cent paper microscope, the origami Foldscope, with all the functionalities and efficacy of a standard microscope. Amazing, cost-effective and extremely useful innovations come out from this frugal science advocate’s lab. Whereas, big companies can afford to lose a few dollars.

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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. Adapted from: https://nbry.wordpress.com/2014/06/27/massive-platforms-for-cocreation-the-new-normal-22/.