Remove Engagement Remove Open Innovation Remove Presentation Remove Radical Innovation
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Startup Engagement in Corporate Innovation

Integrative Innovation

More and more corporations seek to engage with startups by pursuing corresponding activities across dedicated ecosystems and incorporating them in exploration units along with internal ventures. Startup engaged naturally most in those vehicles not requiring any kind of equity. For (worthwile) details, please delve into the report PDF.

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Moving towards a new innovation service model

Paul Hobcraft

This is part two of an extended series on my thoughts on “ moving towards a new way of managing innovation ” that explores the potential for changing the management of innovation. Take a look at this list, far from exhaustive but it covers many of the problems we still face on innovation management. Can we go beyond this?

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Treating Innovation Risk Differently, Dealing with Uncertainty

Paul Hobcraft

As Accenture in one of the few reports discussing risk and innovation “ The art of managing innovation risk ” state: “Few decision makers want to take responsibility for a failed experiment, so extreme caution usually prevails when new ideas are assessed. Opportunities tend to be defined narrowly.

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Treating Innovation Risk Differently, Dealing with Uncertainty

Paul Hobcraft

As Accenture in one of the few reports discussing risk and innovation “ The art of managing innovation risk ” state: “Few decision makers want to take responsibility for a failed experiment, so extreme caution usually prevails when new ideas are assessed. Opportunities tend to be defined narrowly.

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Choosing your direction of travel

Paul Hobcraft

We need to engage differently. For instance, earlier engagement with governments, with research institutes, publishing new findings in more open ways, less restrictive on a sharing data all might allow the communities to search for a different model of discovery to commercialization. We need to engage differently.

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Balancing Innovation via Organizational Ambidexterity – Part 3

Integrative Innovation

In this paper [1], which is a “must read” for everyone engaged in this topic, Stanford University’s Charles A. As Geoffrey Moore [2] has pointed out, breakthrough innovations need to “cross the chasm” between the initial customers and the majority of the market. These may come from inside the company or from outside (open innovation).

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What is innovation management and why your organization needs it

hackerearth

Innovation can be incremental, radical, architectural, modular, etc. In incremental innovation, a company improves or upgrades existing product, process, or service. In radical innovation, a company replaces its existing business model with an entirely new one. Google and 3M are good examples of this model.