As companies begin to refocus on growth, innovation has once again become a priority: in a recent McKinsey survey 84% of executives say innovation is extremely or very important to their companies’ growth strategy.
The geographical expansion of innovation networks globally is giving rise to various forms of hybrid systems of innovation in which established innovation hubs cooperate with agents and organizations scattered all over the world. Any innovation ecosystem can develop a hybrid dimension by using digital / virtual platforms
Open innovation, or the process where R&D occurs outside of the commercializing firm, has become a boon for small businesses and entrepreneurs but the effects on new firms has not been fully studied.
How should the energy sector best respond to the threat of climate change? In this introductory chapter to a forthcoming book, Harvard Business School’s Rebecca M. Henderson and Richard G. Newell of Duke University frame the discussion by highlighting the volume’s contributions concerning four particularly innovative sectors of the U.S. economy: agriculture, chemicals, life sciences, and information technology.
Social networks are more robust than their critics think, though not every site will prosper, and that social-networking technologies are creating considerable benefits for the businesses that embrace them, whatever their size, according to the Economist special report on social networking. The report contends that this is just the beginning of an exciting new era of global interconnectedness that will spread ideas and innovations around the world faster than ever before.
When and why do multinationals group together overseas? Do they agglomerate in the same fashion abroad as they do at home? An answer to these questions is central to the long-standing debate
The Business Innovation Factory’s 5th Collaborative Innovation Summit brought together today’s most compelling innovators, business model renegades and true transformers to discuss innovation success through personal storytelling.