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How Much Does Ideas Management Really Contribute to Innovation?

February 7th, 2011|

The crowdsourcing of ideas was the radical new approach to innovation a few short years ago and technology platforms to support idea generation and ideas management have been growing in popularity. There are, however, question marks over what they actually contribute to innovation.

What We Can Learn From MIT – It’s All About Impact not Income

February 4th, 2011|

MIT has an incredible reputation, is an amazing brand, and is connected to numerous tech transfer successes. It is true that the system in the US is very different to that in Sweden: The laws are different, there is more money available in most parts of the US system, the domestic market is larger and the culture is very different. However, this is not say that Sweden cannot learn from the example of MIT, and apply whatever is feasible.

The State of Innovation Investment

February 3rd, 2011|

As western countries jump further into the embrace of open innovation, countries in Asia are forging ahead with innovation investments through R&D. R&D spending is up 27% in India and 40% in China, year on year but in decline globally. Georges Haour runs a rule over the numbers and what they mean for the outlook of the enterprise.

Potential of Collaboration & Co-Creation to Usher in Social Change, One Citizen at a Time

February 2nd, 2011|

We are all very familiar with traditional examples of collaboration and co-creation that produce commercial benefits for companies – Nike, P&G, Electrolux, Unilever, Frito-Lay, etc. But what about social benefits; can emerging platforms of collaboration and co-creation also produce social benefits? Can they channel the energy of everyday citizens into constructive activities that usher change in a more peaceful and civil manner than what we are witnessing across Egypt today? In my opinion, the answer is a definite yes.

Changing How We Measure Up The Innovators

February 2nd, 2011|

An EU benchmark of national innovation capabilities has the United States out in front with some European countries falling behind the emerging economies. The US Government on the other hand is deeply concerned about its innovation capability. Haydn Shaughnessy asks if the benchmarks give us a way to rethink innovation.

States Gamble on the Random

February 1st, 2011|

In an economy where many millions of social interactions create exciting but often random change, can state bodies credibly set innovation policies that fire the imagination of entrepreneurs - whatever the budget? In the third of our articles on Europe’s Innovation Union we spoke to Ann Mettler, Executive Director of think tank The Lisbon Council and asked for her take on policy and innovation.

Managing Innovation Through the Stress Points

January 31st, 2011|

Building innovation management as a discipline requires us to take a closer look at the hurdles innovative firms face as they develop new products, services and partnerships but also at how those firms integrate the learnings from making tough choices. Andrew Gaule takes a look at building innovation culture as we manage through the stress points.

Making Innovation Part of Everyday Life

January 28th, 2011|

This week InnovationManagement spoke with Jorge Barba, innovation insurgent, blogger and Creative Strategist at the San Diego based Digital Marketing Firm Blu Maya. Read on to learn more about his experiences challenging the status quo and promoting innovation as a human process to a better tomorrow.

Open Services Innovation by Henry Chesbrough

January 27th, 2011|

Chesbrough is back with a new book on open innovation, this time extending the open paradigm to services. Paul Hobcraft goes past the sub-title “Rethinking your business to grow and compete in a new era”, in search of the real news.

Innovation Partnerships – Find Your Role in the Innovation Union

January 26th, 2011|

The Innovation Union is a strategic approach to innovation, driven at the highest political level, and will focus Europe’s future efforts on challenges like climate change, energy and food security, health and an aging population, using public sector intervention to stimulate the private sector and remove bottlenecks that stop ideas from reaching the market. Despite the focus on simulating the private sector little attention has been given to describe individual firms’ roles in so-called “innovation partnerships”. Irene Martinsson outlines a way forward.

The Importance of People and Places

January 24th, 2011|

Evidence from new disciplines like complexity theory tells us that the physical proximity of people, and their everyday interactions, are big drivers of innovation, yet we all too often rely on technology platforms as innovation incubators. Doug Collins, whose day job is advising clients on how to create and build online innovation communities, gets physical.

Innovation’s New Champion

January 24th, 2011|

Policy makers in the USA and EU are looking at how they can design innovation programmes that support global competitiveness. In this series we are looking at Europe's new 'Innovation Union', which reflects the new growing significance of innovation in Government policy. We'll be following up with more on US and Asian innovation thinking. In Part II of our Innovation Union series, we talked with Peter Droell, head of innovation at the European Commission.

Dr. John Kapeleris on Innovation Management

January 21st, 2011|

This week InnovationManagement spoke with Dr. John Kapeleris, Director of Commercialisation and Deputy CEO at the Australian Institute for Commercialisation (AIC) about his views on the topic of innovation. Dr. Kapeleris explains the importance of implementing a broader innovation strategy in combination with a clear strategy and vision for innovation in order to achieve success.

Reclaiming the Co-creation Process from the Public Sector

January 20th, 2011|

Public sector innovation is a necessity, if we are to reduce public spending and address changing demographics. The public sector is lagging behind the private sector in transforming ideas into innovation, which made me question whether we are pursuing the wrong approach. This is not to say that I am questioning the abilities of people working in the public sector, but merely provoking a dialogue with the reader. You are all invited to join in!

Chesbrough on Service Innovation

January 19th, 2011|

Henry Chesbrough has earned a worldwide reputation for his pioneering work on open innovation, influencing a generation of executives by identifying and describing the practice of innovating in collaborative groups outside the enterprise. We caught up with Henry to talk about his upcoming appearance at the European Innovation Conference and his new book.

Managing Information, People and IT to Improve Business Performance

January 17th, 2011|

How can companies acquire greater maturity in the use of information? Ground-breaking research reveals some answers. Following an ambitious program of “field” research – involving more than 1200 managers in more than 100 companies across 26 economic sectors and 40 countries – we at IMD have scientifically demonstrated a causal link between a company’s performance and its maturity with regard to its “information orientation” (IO)

Adam Hartung on Innovation Management

January 14th, 2011|

This week InnovationManagement spoke with Adam Hartung, Managing Partner of Spark Partners, a Chicago based firm focused on innovation management yielding profitable high growth for clients. Learn more about why innovation management is critically important for companies to thrive. And what are the rewards and challenges of educating leaders in innovation implementation?