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How to Boost Innovation by Recycling Existing Ideas

IdeaScale

In these early stages of product development, it can sometimes seem like all of the good ideas have already been taken. When you apply this train of thought to innovation, it becomes apparent that some of the most successful products and services in human history were developed by recycling existing ideas. Take the iPod for example.

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What Can Your Business Learn About Innovation from Shark Tank Ideas?

IdeaScale

Shark Tank has been around in some form or another since 2001, with the Japanese series “Money Tigers.” Nor are the judges particularly kind if they think an idea is a bad one, offering the prospect of being publicly humiliated on national television, as you can see above. They have any relevant patents in place. Humility First.

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What is Lean Innovation? Components and Examples

Moves the Needle

Methods are needed that focus on the customer experience, allow us to adapt to new information, and help us make decisions based on market-based evidence. When designing something, (ie: a technology, a product, a marketing material…) it is paramount to keep the needs of the end user in mind.

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IA Summit 10 - Day 2

Boxes and Arrows

Richard Dalton and Rob Weening discuss two solutions they’ve developed at Vanguard to address this question. Sometimes it’s poor methods, poor team members, or the market. But more often, projects fail from poor decisions inside client organizations.

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IA Summit 09 - Day 2

Boxes and Arrows

He shares the factors that influence how effective various prototyping methodologies will be and how to choose wisely; what level of effort you will need to invest in prototyping in order to get useful feedback; and how to permanently integrate prototyping into your software development process in a way that is effective for your organization.

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11 Paradoxes of Entrepreneurial Thinking: why entrepreneurship can hardly be taught

Open Innovation EU

Whereas Schumpeter describes an entrepreneur as disequilibrative – destroying the pre-existing stage of the equilibrium ((Kirzner, 1999) – Kirzner chooses to describe the role of the entrepreneur as more equilibrative – entrepreneurs systematically displace disruptive conditions in order to create stabilized market conditions (Kirzner, 1999).

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Great to Good

IdeaSpies

Between 1996-2001, Jim Collins’ team researched and wrote a bestselling book called Good to Great. did a follow-on study that found 32 of the 50 companies described in these books to only matched or underperformed the market over their subsequent 15-to-20-year period. The title of this piece is ‘Great to Good’.