State Backing for R&D is Declining
Growth is a permanent feature of western economic discourse, with politicians of all stripes promising to deliver it as the path to prosperity. Of course, economists have long since known that growth...
View ArticleRecognizing Excellence in Innovation Management: ISPIM Grand Prize 2017
ISPIM, the International Society for Professional Innovation Management, is delighted to announce the launch of the ISPIM Grand Prize 2017, for Excellence in Innovation Management. This will be the...
View ArticleUsing AI To Support Recombination
Patented innovations line shelves as shown in the patent library above, and over the years I’ve written a number of times about the increasingly recombinative nature of innovation. This posits that...
View ArticleAre All the Best Ideas Used Up?
A new study from the Stanford Institute for Economic Policy Research suggests that truly novel ideas are not only harder and harder to come by, but they tend to be ever more expensive to explore.
View ArticleLooking at Closed versus Open Innovation
Is there any word more fundamental to the modern business lexicon than ‘innovation’? To say that it forms an important part of enterprise is probably an understatement. If we take renowned researcher...
View ArticleWhy R&D Spending has Almost No Correlation to Innovation
A newly released infographic by Visual Capitalist shows that while the US leads in the amount of dollars spent on research and development ($463 billion), it only came in fourth place with the...
View ArticleThe State of Open Innovation Today
Last summer I wrote about an interesting report exploring the extent of open innovation around Europe. The study, conducted by the European Academic Network for Open Innovation, showed the growth in...
View ArticleHow Universities Support Recombinative Innovation
The importance of recombination is something I’ve touched upon numerous times over the years. Indeed, research suggests that innovations today are much more likely to apply an existing innovation in...
View ArticleCompanies Are Failing To Get Value From Innovation
Innovation is something that everyone says they want to do, but it seems increasingly clear that this desire is often rather superficial. For instance, recently I wrote about a new study from Harvard...
View ArticleIncreased R&D Doesn’t Mean Innovation
A recent PwC study looked at a large rise in global R&D spending in 2018, more than a 17% gain over 2017. Many pundits shared the article as evidence of an innovation revolution despite the...
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