article thumbnail

Innovative Strategies for Effective R&D Budgeting

Innov8rs

If following this approach, organizations still need to decide what kind of benchmarking metrics they’ll use (for example absolute vs relative spending), and whether or not they’ll assess non-financial metrics too such as innovation outcomes.

article thumbnail

At the digital transformation and innovation crossroads

Jeffrey Phillips

Business models, channels, data and experiences So where does innovation and digital transformation meet? The problem with innovation to date has been a fixation on product innovation, constantly updating or inventing new products, but with little exploration beyond the product.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

104 Mobile Marketing Facts [infographic]

Innovation Excellence

This infographic, compiled by the team behind Website Builder, offers 104 mobile marketing facts, including desktop vs. mobile comparisons, niches that work best, great mobile marketing techniques, but also usage, user friendliness, adoption, commerce, search and conversion stats.

article thumbnail

5 Misconceptions to Avoid When Building Your Innovation Strategy

Qmarkets

Generally speaking, our society is headed towards greater automation and technological resources in almost every industry and for that reason, it is often assumed that all innovation must be technology-related when this is just not the case.

article thumbnail

5 Misconceptions to Avoid When Building Your Innovation Strategy

Qmarkets

Generally speaking, our society is headed towards greater automation and technological resources in almost every industry and for that reason, it is often assumed that all innovation must be technology-related when this is just not the case.

article thumbnail

Researchers Devise a Way for AI to Boost Innovation

IdeaConnection

In one giant leap for AI and innovation, researchers at Carnegie Mellon University and the Hebrew University of Jerusalem have come up with a method that allows computers to mine databases of patents, inventions and research papers, to create new products and solve problems.

article thumbnail

Is Experience Overrated?

Michael Roberto

And even within an industry, different competitive positions can demand very different skills—cost cutting versus product innovation versus business model change, for instance. The researchers write, “Past accomplishment and current challenge is rarely an apples-to-apples comparison.”