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Business Model Innovation Basics Series - Part 1: What is a Business Model?

The BMI Lab Blog

Alex Osterwalder defines a business model as “a set of assumptions or hypotheses” and Michael Lewis claims that “all it really meant was how you planned to make money” (Ovans, 2015). Disruptive innovations are innovations that radically change existing structures and markets (Pisano, 2015). Magretta 2002).

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How Has Innovation Created a Private Space Race?

IdeaScale

And it happened in large part due to a drive for innovation and a desire to take the space program to the public. Exploring space offered a two-fold opportunity; it had promise for both military and civilian technological advancement and an invaluable demonstration of prowess on the world stage. The Roots Of A Private Space Sector.

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What Makes Switzerland a Leader in Innovation?

IdeaScale

Switzerland is a global leader due to their level of scientific knowledge and their ability to launch technologies into consumables for the market. There were 873 patent license applications per million of inhabitants in Switzerland back in the year 2015. Switzerland has some world class R&D establishments.

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Continuing the Energy Transition Journey

Paul Hobcraft

Technology innovation, suggested new business models, outline proposals for changing policies, processes, and market design all are being “sketched out.” It is evident innovation must be way broader than just technological RD&D. Firstly , I have been looking a little more at the emerging focal point of Grid Edge.

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Managing Energy Transition through Innovation

Paul Hobcraft

For me, the energy transition that the world is undertaking requires all forms of innovation, to offer technically advanced, as well as breakthrough solutions, to an incredibly complex system of energy delivery. The critical enabler will come from technology and systemic innovation. The societal inhibitor is a real impediment.

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Business Model Innovation Basics Series - Part 2: Why Business Model Innovation Matters

The BMI Lab Blog

However, a business model shouldn’t be innovated or improved ad-hoc in a “one-and-done” fashion – instead due to its importance and the dynamic changing market conditions it should be updated and checked continuously on a regular basis. This figure shows how competitive advantage is generated over a market lifecycle.

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Top 5 Women Innovators of All Time

IdeaScale

There has also been cultural reporting bias in favor of male inventors, despite the countless female innovators involved in some of the biggest technological advances in history. The device is now used internationally to prevent blindness due to cataracts, which affect around 25 million people in the U.S. Marie Curie. Stephanie Kwolek.