economy Archives - Page 2 of 2 - InnovationManagement

Navigating the Fiscal Cliff: A Job for Collaborative Innovation

The practice of collaborative innovation brings the wisdom of the crowds to bear on the unknown: unpredictable scenarios where expert intuition leads people astray. The fiscal cliff that today confronts the U.S. and world economies qualifies. In this article innovation architect Doug Collins explores how practitioners can help their organizations navigate this Black Swan event. The message? Act now: collaborative innovation was made for this scenario.

Ideascale2021-12-05T08:41:31-08:00October 30th, 2012|Categories: Collaborative Innovation|Tags: black swan, case study, collaborative innovation, crisis management, economy, fiscal cliff, USA|

Innovate to Scale

Like a pair of jeans, the difference between a successful innovation and something tight and uncomfortable often comes down to size. A broadening global view of efficiency has increased the importance of scale when it comes to new projects and innovators should take into account social and environmental considerations when determining the scale of their innovations.

Ideascale2021-12-02T18:17:09-08:00March 29th, 2012|Categories: Enabling Factors|Tags: economy, efficiency, environment, globalization, governance, measuring innovation, scaling, waste management|

For Innovation to Happen it Makes Sense to Sensemake

The level of innovation capability within organizations is connected to the ability of making the right sense of collective experiences, especially in uncertain or ambiguous times. In this post Susanna Bill delves deeper on the importance of sense making and the effects it has on the level of innovation capabilities. And addresses a personal dilemma.

Ideascale2021-12-02T18:03:02-08:00January 17th, 2012|Categories: Innovation Psychology|Tags: AI, company culture, Competition, economy, information gathering, innovative organizations, productivity, psychology, robots, sense making, workforce|

Richard Li-Hua on Innovation in China

China’s ambition of become an innovation-oriented country by 2020 is an important part of the nation’s long-term strategic plan. Being the second largest science and technology thesis producer, and running the second largest economy next to the US, a lot of things are happening in China. Innovation Management spoke to Professor Richard Li-Hua, word-leading expert on innovation about his thoughts on China’s innovation.

Ideascale2021-12-02T16:33:51-08:00November 23rd, 2011|Categories: Interview, Organization & Culture|Tags: china, economy, Innovation Management, Interview, policy, R&D, Technology|

Innovation for Financial Services

The concept of “financial innovation” can be defined as making and promoting new financial products and services, developing new processes to facilitate financial activities, to interact with customers and to design new structures for financial institutions. This article takes a look at the needs for innovation in the financial sector and some basic requirements.

Ideascale2021-12-02T16:10:35-08:00September 13th, 2011|Categories: Enabling Factors, Strategies|Tags: banking, economic growth, economy, financial innovation, financial sector, financial services, financial services innovation, innovation, Innovation Culture, innovation life cycle processes, innovation value, mobile, social networks|

The Great Innovation Challenge of the 21st Century

Global economic challenges that have had a profound affect on businesses will continue to do so indefinitely. This means that businesses must not only innovate in order to survive, but they will need to innovate in new ways to meet the changing needs, expectations and financial situations of their customers.

Ideascale2020-07-10T15:01:13-07:00August 31st, 2011|Categories: Strategies|Tags: business innovation, Change Management, customer value, economy, emerging economies, emerging markets, global economy, global market, Innovation Strategy, service innovation, services-based, trend, value proposition|

The New Dutch Economy: Innovative, International and Involving

The Dutch Innovation Platform, a think-tank established by the Dutch Government, recently released a report Nederland 2020, Back in the top 5 outlining the steps the Netherlands needs to take to regain its former position in the top 5 of the World Economic Forum’s Global Competitiveness Index (GCI). In this article Rob Blaaboer, contributing editor from the Netherlands, suggests a way to reach the New Dutch economy, i.e. innovative, international and involving, and how to get back in the top 5.

Ideascale2021-12-01T14:04:04-08:00August 5th, 2010|Categories: Organization & Culture|Tags: economy, education, entrepreneurship, europe, global competitiveness index, globalization, government innovation, industry innovation, innovation focus, innovation platform, innovation policy, internationalization, national innovation, Netherlands, public sector innovation, service innovation|

Whether more R&D Investments brings more Innovation Output

Common sense says that if one wants to improve the innovation output, one needs to either (a) increase the size of the opportunity set that goes in the so called 'Innovation Funnel' ; (b) Speed up the throughput of the 'Innovation Funnel' and/or (c) improve the variety of the opportunity set passing through the 'Innovation Funnel'.

Ideascale2019-10-15T15:05:39-07:00March 8th, 2010|Categories: Evergreen|Tags: Communication, communication management, economy, efficiency, external innovation, governance, innovation funnel, innovation lifecycle, innovation process, innovation process framework, internal innovation, investment, process improvement, process innovation, product improvement, product innovation, R&D, Stakeholders, technology lifecycle|

How Open Innovation Can Help Firms During the Downturn

The benefits of open innovation during the current economic downturn have only recently been analyzed. Henry Chesbrough and Andrew Garman have recently published a Harvard Business Review article (June) on this. Wim Vanhaverbeke, Professor of Strategy and Innovation at Hasselt University, Belgium, provides some additional benefits when companies apply open innovation in a downturn, which has not been mentioned in the HBR-article.

Ideascale2021-11-29T14:35:39-08:00May 27th, 2009|Categories: Blog Archive|Tags: acquisition, cost sharing, economic downturn, economy, globalization, innovation resources, Innovation Strategy, licensing, Open Innovation, partnership development, R&D, research, risk management, risk sharing, venture capital|