For some 20 years, regional and city based innovation and economic development policy focused on clustering, based on Michael Porter's (1990) Competitive Advantage of Nations. However, there are still those that are doubtful about whether clusters foster economic development. In this article an alternative is proposed: the convoy model. The evidence that clusters lead to successful inter-firm regional interaction is inconclusive. Is it time for a rethink?
In this article, Heinz Essman, contributing editor from South Africa, introduces a set of proposed fundamental principles for innovation. It is indeed a proposal and we are very interested in hearing your views on this. Welcome to read and then visit the InnovationManagementForum.com to share your views and discuss with like-minded.
The ability to develop breakthrough products and services has become the holy grail of innovation. However, many companies struggle to develop breakthroughs even though they may be very innovative in other ways. Could it be that a different organizational barrier exists that is specific to breakthrough innovation? Examining the purpose of innovation relative to the purpose of your business may provide the answer, suggests Ellen Di Resta, Founder of Synaptics Group, Inc.