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Ten pitfalls inventors face and tips for avoiding them

Idea to Value

Partners and team. Tip: Do your research before you start investing time and money. Tip: If you`re convinced about your idea and your diligent research proves the potential, go for it. Tip: Develop mock-ups or prototypes early and use them for validating your assumptions and the market need. Not starting.

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Cognitive Biases – That’s how unreliable we think

etventure

Our ideation experts show why biases are relevant for generating ideas and give tips on how their influence can be reduced. The following five biases are particularly relevant for the ideation process: Knowing and understanding relevant biases. Mental abbreviations are not always bad. Overcoming biases.

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Choosing the right innovation approach for your business

hackerearth

Scary stories like that of Kodak and Blockbuster are just the tip of the iceberg apparently. If you don’t innovate, your company is likely to take this route: development → introduction → growth → maturity → decline. Internal innovation teams or labs also use hackathons as an external source of innovation.

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Making Brainstorming Work

Rmukesh Gupta

One of the most important skill that businesses need to develop is their ability to continuously innovate and stay ahead of their competition. One of the meta skills that organisations will need to develop if they are to flex their innovation muscle is the ability to do great brainstorming sessions. One person dominates the discussion.

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Why Do Some Brainstorming Sessions Suck?

Innovationship

9 BAD HABITS TO BREAK FOR BETTER IDEATION Time flies, seasons change, and before you know it, the annual barrage of articles trashing the validity of brainstorming is once again upon us. Why give readers tips on brainstorming only after spending eight paragraphs trying to discredit it? Nine Brainstorming Bad Habits to Break 1.

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Where Are You on an Innovation Scale?

CREATORS

most product innovations are incremental, and this is not a bad thing (it is difficult to create disruptive solution regardless of whether you are an innovative startup or a huge corporation, in which case disrupting innovation means basically cannibalizing parts of your current businesses). as a corporation?—?develop Educate Yourself!

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3 Dimensions of Innovation: the 23 Capabilities your company needs to succeed

Idea to Value

And companies regularly boast about how they are spending millions (and sometimes billions) of dollars into research & development to come up with innovative new offerings. Delivery: A team of people who have the ability to take rough ideas and develop them into a customer-facing innovation.

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