Loyal readers (and anyone caught in an elevator with me) already know my passion for Patent Analysis. Inventors, entrepreneurs and other innovators should pay close attention as the process is low risk and the results are always educational. As a quick recap, Patent Analysis takes statistical advantage of the roughly 5 million patent applications and …
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Tag Archives: innovation
Great innovation + poor strategy = Failure
Guest post by Steve Pearson Too many engineers in the kitchen can doom a company As many people can tell you, I like to talk about the importance of combining innovation and strategy to ensure long-term company growth. And I’ve learned that lesson first hand. I used to work for Motorola and, while there, bought …
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Group brainstorming: 60 years on
Creativity and innovation have become the buzzwords of the day. For instance, in the 2012 IBM CEO study , more than half of 1700 surveyed CEOs saw innovation as a key resource of sustained economic value. In the same study, 61% of CEOs reported creativity as being one of the traits critical for employee success. …
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Make failure your teacher in innovation
Post by Dr. Diana Rus In an economic environment fraught with uncertainty, many companies face intense pressures to innovate in order to capture more market share or gain new markets. In this quest for the holy grail of innovation, leaders find themselves grappling with the question of what they can do to spark innovation within …
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