Wed.May 25, 2016

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The promise of open innovation

Exago

While the idea goes back to the 60s, Henry Chesbrough, faculty director of the University of California’s Center for Open Innovation, coined the expression ‘open innovation’ in 2003. He defined it as ‘a paradigm that assumes that firms can and should use external ideas, as well as internal ideas, and internal and external paths to market, as firms look to advance their technology’.

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The 5 Skills of The Innovator

HYPE Innovation

Are innovator’s born differently? Do they have a special something which eludes the rest of us? Or, can innovative traits be studied, understood, and learned? In a study of 72 ‘known innovators’, and 310 executives, it transpired that the innovators consistently demonstrated 5 key skills more than the regular executives. Surprisingly, four of the skills are physical ones, and only one is cognitive.

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Bitcoin May Not Survive, But The Technology Behind It Will Live On

Digital Tonto

Blockchains, by creating a "trust protocol," will make the Internet much more useful and secure. Related posts: The Future Of Money. The New Age Of Platforms. How Technology Transforms Human. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Taking Innovation from Lab to Society

Innovation Excellence

After a study highlights the benefits of accelerating the transition of research from lab to market, Adi Gaskell looks at how companies can better work with university and government research labs.

Study 61
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Peak Performance: Continuous Testing & Evaluation of LLM-Based Applications

Speaker: Aarushi Kansal, AI Leader & Author and Tony Karrer, Founder & CTO at Aggregage

Software leaders who are building applications based on Large Language Models (LLMs) often find it a challenge to achieve reliability. It’s no surprise given the non-deterministic nature of LLMs. To effectively create reliable LLM-based (often with RAG) applications, extensive testing and evaluation processes are crucial. This often ends up involving meticulous adjustments to prompts.

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Book Review & Infographic: Innovation Thinking Methods by Hashmi

Open Innovation EU

A few weeks ago, a friend brought the book “ Innovation Thinking Methods: disciplines of thought that can help you rethink industries and unlock 10x better solutions ” from Osama A. Hashmi to my attention. I ordered it, read it and was impressed by the both the power and simplicity of the work. The book is thin and comprehensible. In fact, it read like a weblog post enriched with interesting personal thoughts of the author and beautiful examples from his own perspective.

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Customer driven innovation at Ricoh, with Mike Irvine

Rapid Innovation in digital time

Mike Irvine is the leader of Ricoh’s European Technology Centre. His team is responsible for bridging the gap between Customers business needs and the Ricoh engineering and development teams. I met with Mike at Barcelona Innovation summit, and was impressed by the presentation he delivered on customer driven innovation, and how Ricoh unfolds various ways to involve customers in its product roadmap.

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More Trending

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Magnus Penker is awarded with Business Worldwide Award in two categories

Innovation 360

We at Innovation360 Group proudly congratulate our CEO Magnus Penker to the Business Worldwide Award in the two categories ‘Most Innovative CEO Sweden 2016’ and ‘Growth Strategy CEO of the Year Sweden 2016’. Read the full interview here. Business Worldwide is a comprehensive source of timely, accurate and reliable market intelligence on trading in today’s global corporate marketplace.

Trends 40
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How To Allocate Resources

Mike Shipulski

How a company allocates its resources defines its strategy. But it’s tricky business to allocate resources in a way that makes the most of the existing products, services and business models yet accomplishes what’s needed to create the future. To strike the right balance, and before any decisions on specific projects, allocate the desired spending into three buckets – short, medium and long.

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Magnus Penker is awarded with Business Worldwide Award in two categories

Innovation 360

Magnus Penker CEO of the year. We at Innovation360 Group proudly congratulate our CEO Magnus Penker to the Business Worldwide Award in the two categories ‘Most Innovative CEO Sweden 2016’ and ‘Growth Strategy CEO of the Year Sweden 2016’. Read the full interview here. Business Worldwide is a comprehensive source of timely, accurate and reliable market intelligence on trading in today’s global corporate marketplace.

Trends 40
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TEDx: Are You Open Minded? Three Ways to Break Thinking Patterns [video]

Innovation Excellence

In this TEDx Talk, Paul Sloane explains how to use the Power of the Random to boost Creative Problem Solving.

Video 43
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From Data to Decisions: Maximizing Retail Potential with AI

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and guest speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.

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Emotions, Digital Communications, and Risky Decisions

Michael Roberto

Brian Uzzi, Bin Liu, and Ramesh Govindan have conducted research on whether digital communications tell us something about our emotional state and the quality of our decision making. They examined people's electronic communications and tried to understand their emotional condition. They wanted to know how emotions tied to decision making. Here is what they found: The researchers analyzed all 886,000 trade-related decisions and 1,234,822 IMs from 30 professional day traders over a two-year period

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