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Fly, Crash, Adapt

Destination Innovation

Paul MacCready (1925 – 2007) was an aeronautical engineer and inventor of the first human-powered aircraft. This motivated him to enter the Kremer competition which offered a reward for the first human-powered flight. He died in 2007 from a melanoma. Paul MacCready. MacCready was born in Connecticut to family of doctors.

Design 277
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Continuous Improvement and Breakthrough Innovation: Why You Need Both

IdeaScale

The iPhone was considered a true innovation back in 2007, opening up an entirely new approach to telecommunications and changing how people used phones forever. Yet even that breakthrough innovation was built upon decades of smaller innovations in telecommunications, internet technology, and computing technology.

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What is Discontinuous Innovation? Definition, Examples and Management

eZassi

An innovative product, service, or process that dramatically transforms an existing market by introducing a groundbreaking concept or technology. Discontinuous Innovations introduce significant technological changes or leaps and can establish entirely new business models or markets. What is Discontinuous Innovation?

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The New Game Or Is It? Asset Orchestration

Paul Hobcraft

In this research they (Sirmon et al) suggest there are three primary stages of structuring, bundling and leveraging resources for the purpose of creating new value for customers and gaining competitive advantages, however temporary in today’s world. Again I think Alibaba is doing a really good job of that. They are deliberate orchestrators.

Resources 157
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What is Radical Innovation? Examples, Stages, and Strategies for Success

Qmarkets

From the advent of the internet to the development of CRISPR gene-editing technology, this type of innovation has transformed industries and reshaped the way we live, work, and interact. These concepts often stem from exploring unmet needs, leveraging emerging technologies, or rethinking existing models.

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Avoid the Iridium Moment

Destination Innovation

Another example given by Ismail is Nokia’s purchase of Navteq for a staggering $8B in 2007. This would give it a strong competitive weapon against Apple and Google. Navteq was the dominant player in in-road traffic sensing equipment. The post Avoid the Iridium Moment appeared first on Destination Innovation.

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Innovative Businesses Prioritize Creativity

Daniel Burrus

Some have been through the Great Depression, world wars, the Great Recession of 2007–09, and now, most recently, the coronavirus pandemic and subsequent economic downturn. The Test of Time. Older organizations, especially those as old as Citibank, have been through a lot. And why might a company lack innovation?