article thumbnail

What do Blue Lobsters Have to do With Innovation? Everything!

Mills Scofield

Because the key to innovation isn’t processes, stage gates, weird exercises, or competitions. The key to innovation has been and always will be People. I view the commitment to innovate, in the companies I’ve worked for and with, as a spectrum of lobsters - from cooked, to live, to rare blue ones. Blue Lobsters. Not anymore.

article thumbnail

The Importance Of Place For Entrepreneurship

The Horizons Tracker

It’s widely accepted that entrepreneurship is vital for economic vitality both in terms of the new innovations that come to market and the jobs that are created. Location plays such a fundamental role because so much of our social capital is location specific. Social capital. Supporting ambitions.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What do Blue Lobsters Have to do With Innovation? Everything!

Mills Scofield

Because the key to innovation isn’t processes, stage gates, weird exercises, or competitions. The key to innovation has been and always will be People. I view the commitment to innovate, in the companies I’ve worked for and with, as a spectrum of lobsters - from cooked, to live, to rare blue ones. Blue Lobsters. Not anymore.

article thumbnail

How to Compete Like the World’s Most Innovative Leaders

Skip Prichard

Innovation Capital. And one of the most overlooked reasons for entrepreneurial failure is innovation capital. That’s why I enjoyed talking with Jeff Dyer who, along with Nathan Furr and Curtis Lefrandt, wrote a new book, Innovation Capital: How to Compete and Win Like the World’s Innovative Leaders.

article thumbnail

Do We Prefer Our Colleagues To Be Friendly Than Competent?

The Horizons Tracker

There was a particular focus given to the signaling of human capital, which is concerned with their competence and ability to do tasks well, and also their social capital, which concerns itself with things like one’s trustworthiness and friendliness.

article thumbnail

The Challenges Immigrant Entrepreneurs Face

The Horizons Tracker

It’s pretty well established that immigrants make excellent entrepreneurs, as the fresh perspective they bring to their new home affords them the opportunity to innovate, while a lack of familiarity with local systems and networks makes starting a business an attractive option for many. Making improvements.

article thumbnail

Why Innovation is not "Invented Here"

Coaching Tip

Beyond alarming questions of what is "fair" to the innovators themselves, few have considered how these human capital controls might impact the quality and quantity of innovation--and ultimately economic growth. In LEAPFROGGING , author Soren Kaplan reveals why this command-and-control mindset is exactly what stymies innovation.