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The new ROI for digital innovation

Paul Hobcraft

HealthCare, becomes one of those announcements that must have struck a real fear into all the prescription-drug middlemen. As Warren Buffett has stated “it won’t be easy or quick ” to solve healthcare. This will produce concepts, solutions, and innovations that have high levels of radical change that will be built into them.

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Trends in Innovation in the Chemical Industry

Yet2

Evonik , a leading global specialty chemicals company, shared how they are augmenting collaboration with their customers (CPG companies) and distributors with direct engagement with consumers to gain information for their product innovation. Like Evonik, they too engage the end user during product development.

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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

This requires companies to proactively or reactively innovate their business models in order to remain competitive. Recent research has confirmed successfully disrupting as well as outperforming companies to be significantly more engaged in business model innovation. Cases in point: Lego and Burberry.

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HUMAN CREATIVITY AND CREATIVE PROBLEM-SOLVING WITH GENERATIVE AI

ImagineNation

( Ideascale ) How might we develop AI as a creative thinking partner to effect profound change, and create innovative solutions that help us build a more equitable and sustainable planet for all humanity? ( But for business problem solving, using GPT-4 resulted in performance that was 23% lower than that of the control group.

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Understanding innovation's past leads to incredible insight

Jeffrey Phillips

The 2000s and onward are less about product innovation and more about business model innovation and financial engineering. This is because we haven't had a real flourishing of either new technologies, new infrastructure or a real competitive threat like the Soviet space race.

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How to enable inclusive innovation

hackerearth

This hackathon to promote inclusive innovation invited developers to enhance rural lives who did not disappoint, creating winning IoT solutions to problems faced by the agriculture, education, and healthcare sectors. In 2018, UNDP held a hackathon in Lesotho to encourage product innovations for inclusive financial services.

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Questions about Innovation

InnovationTraining.org

The use of artificial intelligence (AI) and machine learning in a wide range of applications, from healthcare to finance to education, which has the potential to improve efficiency, accuracy, and decision-making. Overall, innovation and entrepreneurship are closely related and can often be seen as two sides of the same coin.