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The Spatial Transformation Of Innovation

The Horizons Tracker

The role of clusters and ecosystems in innovation has been well documented in recent years, with the likes of Silicon Valley and the City of London lauded for their ability to generate innovative startups. “This reallocation is remarkable and has not been documented in prior work,” the authors explain.

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Why B2B Companies Struggle with Collaborative Innovation

Harvard Business Review

Collaborative innovation is a hot topic in the B2C space, where it overlaps with crowdsourcing, but we see B2B players taking an interest as well. Nonetheless, innovating with customers should work well in B2B, as it should give companies a deeper knowledge of their customers and promote a trusting relationship.

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Kodak’s Downfall Wasn’t About Technology

Harvard Business Review

Kodak was so blinded by its success that it completely missed the rise of digital technologies. So, another explanation is that Kodak invented the technology but didn’t invest in it. Kodak created a digital camera, invested in the technology, and even understood that photos would be shared online. Why did this happen?

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There’s No Good Alternative to Investing in R&D

Harvard Business Review

Sarah Williamson is the CEO of FCLTGlobal (formerly Focusing Capital on the Long Term), an organization cofounded in 2016 by BlackRock, CPPIB, Dow Chemical, McKinsey, and Tata Sons to encourage a longer-term focus in business and investment decision making. Small Firms Are Not More Innovative.

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You Can’t Collaborate Unless You Agree on the Problem

Harvard Business Review

In effect, you give these people the right to participate in your innovation process and influence its final outcome. This sort of collaboration has been well-documented in the B2C context (where it’s often called “crowdsourcing” or “co-creation”), but we see it in B2B companies as well.

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Why Consumer Tech Is So Irritatingly Incremental

Harvard Business Review

After all, it was hardly a new technology; the first radial tire patents had been filed more than 40 years before. after chemicals). This is the transformational and dramatic effect of a superior technology entering an industry. This was no surprise to the top five U.S.-based Goodrich, and General Tire). incumbents.

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Why America Is Losing Its Entrepreneurial Edge

Harvard Business Review

In a new paper that’s already generated much discussion, economists Ian Hathaway of Ennsyte Economics and Robert Litan of the Brookings Institution document four decades of “ Declining Business Dynamism in the United States.” Yet now it is clearly faltering. In the guitar business , too. How does this consolidation impact entrepreneurs?