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It’s Time to Bury the Idea of the Lone Genius Innovator

Harvard Business Review

At least, that’s how the story is often told today, and that telling meshes with how people see innovation: a single, simple observation, a flash of brilliance, and — eureka! Put simply, Fleming didn’t have the requisite skills to engineer his discovery into a practical solution to the problem of disease.

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Saving the Planet from Ecological Disaster Is a $12 Trillion Opportunity

Harvard Business Review

To address the realities of climate change and other ways in which we are increasingly overrunning planetary boundaries, we must now shift our mindsets, technologies, and business models from left to right, and from bottom to top. A brilliant engineer and chemist with General Motors and DuPont, Midgley held over 100 patents.

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Growth Needs to Come from the Entire Company

Harvard Business Review

They do so by building powerful growth engines. If you build a robust growth engine on a strong foundation, rather than seeking individual opportunities, you can be confident knowing that sustainable expansion will follow. Other companies known for their capabilities are similarly focused on building growth engines.

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Why Consumer Tech Is So Irritatingly Incremental

Harvard Business Review

Almost none of their patents would be useful (the tire business was the second most research-intensive industry in the U.S after chemicals). Propeller planes yielded to jet engines. How often have you seen a firm revolutionize an industry by creating a superior product using a new business model?

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Don’t Be Tyrannized by Old Metrics

Harvard Business Review

New business models can hurt a company’s existing businesses; however, if they work, they can enhance overall performance. These new entrants often bring new business models, and thus measure performance differently than incumbents. Against which metrics are they building their businesses?

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Bologna Shows How a Business Cluster Can Stay Vibrant for Centuries

Harvard Business Review

“He that will not apply new remedies must expect new evils; for time is the greatest innovator,” stated Francis Bacon. As with many clusters, a university sits at its center: founded in AD 1088, the Studium of Bologna was the major educational innovation of Europe’s second millennium.

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Kodak’s Downfall Wasn’t About Technology

Harvard Business Review

After all, the first prototype of a digital camera was created in 1975 by Steve Sasson, an engineer working for … Kodak. How Digital Business Models Are Changing. Maybe in 2010 it would have lured a young engineer from Google named Kevin Systrom to create a mobile version of the site. Insight Center.