Is the balance in innovation activity about to change?

Is the balance in innovation activity about to change?

As digital technology continues to evolve, it will undoubtedly impact our innovation thinking. The question is: Will it dominate and control our thinking or will it enhance and connect ideas in new, exciting ways? This article explores the potential impact of digital technology on innovation systems and the need for these systems to adapt to the changing landscape in order to successfully commercialize new innovation. Connecting with the wider world and receiving vast amounts of data from social media, smart mobility, and other sources will be essential in generating new innovation opportunities. However, this necessitates a transformation in our innovation processes to accommodate these changes. We need to orientate our skills to receive, translate, and diffuse new knowledge in significantly different ways to capitalize on the opportunities presented by digital technology.

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Selfish Innovation

Selfish Innovation

New research in neuroscience has shown that a selfish approach in innovation workshops, appealing to the inherent self-expression of participants, may lead to more productive results.

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Why is Cost Estimation So Important (& How Can I Get Better at It?)

Accurate cost estimation is crucial for project managers to keep projects on budget. Try using methods like analogous estimation or bottom-up estimation and track progress with project management software.

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What is the Difference Between Venture Capital & Corporate Venture Capital? | Corporate Lab

Learn the difference between venture capital (VC) and corporate venture capital (CVC) and how CVC helps large companies maintain their competitiveness in the market.

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