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Why Are We Making Innovation So Complex?

Paul Hobcraft

But first, when you think of innovation, what comes to mind? In “ Opportunity Now: Europe’s Mission to Innovate ,” a 2016 European Commission report (a mere 360 pages long), the author makes this point: “Innovation is also more complex than ever. The Ten Types of Strategy for Corporate Innovation Programs.

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4 Great Innovations that Started as Employee Ideas

IdeaScale

This tenet underpins most of crowdsourcing and all open innovation programs. We started out with an example from an IdeaScale community. Vendasta Technologies is a SaaS company and their new product, WebsitePro emerged during a hackathon in 2016. The Home Depot Bucket Mister. The product was called Fundbox Fuse. .

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What is Innovation in Business and How Can it Build Business Longevity?

Qmarkets

Organizations choose to adopt the process of innovation for a myriad of reasons; to tackle existing challenges by ideating for solutions, to generate new revenue streams, to improve existing products or services, and so on. An employee innovation program is simply a process that empowers each employee to share their ideas.

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What is Innovation in Business and How Can it Build Business Longevity?

Qmarkets

Organizations choose to adopt the process of innovation for a myriad of reasons; to tackle existing challenges by ideating for solutions, to generate new revenue streams, to improve existing products or services, and so on. An employee innovation program is simply a process that empowers each employee to share their ideas.

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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

In the course of this first month of 2016, I was asked a couple of times what my prospects are for the year ahead when it comes to key innovtion issues. 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.

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Crowdsourcing Innovation Valuation: an off-label use of innovation management technologies

Imaginatik

While the formula for creating a new version, model or franchise extension of a familiar product has a pretty well known set of parameters to evaluate, speculative innovation is more, well, speculative. Success / failure scenarios due to cross program dependencies and multiple domains of expertise. • More things can go wrong.

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Your Guide to Fueling Enterprise Innovation in the Transport Industry

Qmarkets

And do your product innovations have a knock-on effect that requires new services to sit alongside them? Services Linked to Green Innovations A perfect example of that second question is the way that EV manufacturers are offering services for consumers to enjoy while they recharge their cars. What do they expect from you?