Realizing the Power of Innovation Webs
Once again, Don Tapscott talks about the imperative of collaboration. This time, it is with Optimize Magazine.
There's a fundamental change occurring in how companies innovate and create value. For most of the 20th century, innovation happened inside the business. Companies worked internally to turn the latest scientific and technological breakthroughs into products and services the market wanted. They rarely looked outside for new ideas or inventions—and they didn’t need to. All innovations were fiercely protected through patents, trademarks, and copyrights. When anyone infringed on these rights, the lawyers came out swinging.
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This excellent article presents both the imperative and process for innovation. Must read! This paper describes a holistic, multidisciplinary framework that enables organizations to take a strategic approach to innovation. This presentation discusses the imperative for information technology innovation, the emerging role of the CIO in fostering IT innovation, and effective IT organization practices that implement the CIOs innovation agenda. The authors present a case for technology transfer - in-bound and out-bound - integrating the perspectives of technology source and recipient through a discussion on the "potential interactions of absorptive and desorptive capacity in interorganizat... This brief paper describes novel ways that imaginative companies are gaining competitive advantage by breaking the rules of engagement with consumers. This paper describes the surge of interest in the phenomenon of leveraging competitive spirit to create breakthrough ideas and outlines the factors critical for the success of competitions that seek ideas from company employees. This presentation introduces "killer" innovation as "significant and highly profitable departures from current offerings or practices that are difficult to imitate" and proposes that it is a better way to innovate. Do companies that leverage IT produce more business value than those that don't? Erik Brynjolfsson, in this interview, argues that not only is the answer a resounding yes it is even more overwhelmingly "YES" for IT dependent industries. This paper details what to expect in innovation management over the next 10 years, the key trends in the way companies manage innovation, and ground-breaking approaches and concepts and what they mean for business leaders.
Posted on 05/19/2009 by