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Can Corporate Secrecy Bolster Innovation?

The Horizons Tracker

Research from Chicago Booth highlights how disclosing too much information can be harmful to profits, however, as it can damage the innovative capabilities of the firm. The researchers examined what happens when South Korean regulators relaxed the reporting requirements relating to the cost of sales of companies.

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Financial Reporting Can Harm Innovation

The Horizons Tracker

The challenges involved in measuring innovation are legion, and this can be especially challenging in public companies that have reporting requirements. New research from The Business School shows that relaxation in reporting frequency would help the long-term thinking that is so important for innovation to thrive.

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How Can Innovation Be Better Disseminated?

The Horizons Tracker

In a recent article, I highlighted some of the challenges involved in translating investment in technology and innovation into productivity improvements across the economy. This is emphasized by the fact that only 12% of respondents reported to having achieved an outstanding result using innovative dissemination channels.”

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The Vital Secondary Market For Innovation

The Horizons Tracker

Despite concerns that the pace of innovation has been slowing in recent decades, 2020 saw over 1,000 patents registered per day in the United States alone. Most of the research on innovation examines how something new gets produced, not how the idea itself moves about. The secondary market for innovation. Spillover markets.

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Are Firms Targeting Sustainable Innovations?

The Horizons Tracker

Each year the Boston Consulting Group takes the corporate temperature in terms of innovation. In their latest report, they look specifically at sustainability innovation, both in terms of the priority firms are assigning to it and the results they’re achieving. The top five were rounded out by Alphabet and Tesla.

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How Innovation Boosts Profitability

The Horizons Tracker

The impact of innovation to improve the profitability of companies is something that has always been assumed, but nonetheless, it’s nice to have some tangible evidence to show it’s the case. They found that the most innovative firms achieved 1.95% higher growth in profitability each year than their less innovative peers.

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How to Create a Permission Structure for Innovation

Next Level Blog

Most of the organizations I’m talking to and observing during the pandemic recognize the need to up their levels of innovation and agility. It’s a lot of things, actually, but one of the big ones is whether or not the organization has created a permission structure for innovation. What’s the difference between the two groups?