Defining Innovation Capital

Defining Innovation Capital

Innovation capital is the sum of all resources, processes, knowledge, and capabilities required for achieving successful innovation outcomes. Building both stocks and flows is necessary for sustained growth and value creation. The firm's resources and assets are key components of innovation capital, and it is the ability to integrate and rebuild them that builds innovation capital. One must appreciate what makes innovation dynamic to build a better future. Knowledge is a vital aspect of innovation capital, and innovation can be enhanced if knowledge is strengthened.

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More Innovation Resources:

Intrapreneurship: 10 Lessons from the Trenches

Telefonica's Lean Elephants program is an intrapreneurship initiative that allows employees to submit their ideas and work on them. It has evolved over time and has become a point of reference in the startup world. Telefonica's Head of Innovation Portfolio gives valuable lessons regarding innovation management.

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How Peloton Uses Consumer Insights To Drive Innovation

Peloton's success lies in its superior analysis of consumer insights and alignment with lifestyle and technological trends, offering a unique and personalized fitness experience to customers.

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Innovations to solve the key challenge in avocado production

Innovations to solve the key challenge in avocado production

The global avocado market is growing rapidly, but there are challenges in production, including the depletion of soil minerals and water consumption. Innovative solutions, such as plastic mulch and electromagnetic water treatment, are being explored to increase efficiency and sustainability.

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