Innovation creates dilemmas in business, which must be managed over time. Recognizing the difference between dilemmas and problems is key to managing and balancing these tensions.
Circular Business Models (CBM) are becoming increasingly necessary due to the impending resource shortage and waste production. CBM reduces costs and improves resource management through refurbishment, remanufacturing, and recycling.
Entrepreneurs, inventors and corporate innovators share similarities in creating new technologies but face different challenges. Corporate innovators arguably have the most difficult job due to resource allocation and risk factors.
