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Business Model Innovation Basics Series - Part 1: What is a Business Model?

The BMI Lab Blog

2008), or, more simply, the value proposition (Teece 2010). The degree of innovation When differentiating by innovation object, a basic distinction is made between product-, process-, service-, technological-and business model innovation (Edwards-Schachter, 2018). The object of innovation 2.

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ChatGPT-4, PaLM 2 (Bard), Llama 2, or Falcon 180B? Nothing like healthy technology competition to raise the bar!

Linda Bernardi

Formerly an open-source company, but once Microsoft pumped $10B into OpenAI, it became a commercial company like all the other tech players. Always great to see competition among the known tech giants that we know. It is touted as the Meta “Llama 2 killer” (serious claim) due to its higher performance as a pretrained-only model.

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Typology for Innovative Organizations

Open Innovation EU

New generations, societal change, sustainable goals and disruptive technology require organizations to be much more flexible, self-reinventing organisms that don’t fit above-mentioned design principles. MIT Sloan Management Review, (4), 47–55. Why this typology: innovation management in organizations. Academic Relevance.

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Generation (I)nnovation: Why Today's Teens Instinctively Understand Disruption

Mills-Scofield

I am honored to host Whitney Johnson's post as part of the launch of her new book, Disrupt Yourself: Putting the Power of Disruptive Innovation to Work. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~. Additionally, she is a frequent contributor to the Harvard Business Review.

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Innovate, Adapt, Overcome: How to Beat a Recession with Idea Management & Continuous Improvement

Qmarkets

job losses skyrocketed during the peak recession years 2008-2010 Given the devastating impact of the 2007-08 financial crisis, it’s little wonder that companies worldwide are sensitive to omens of a new “great recession”. to see where disruptive innovation efforts could best be concentrated. portfolio scouting campaigns , etc. –

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3 Vital Idea Crowdsourcing Best Practices from the 2021 Suez Canal Obstruction

Qmarkets

From the BP Gulf of Mexico oil spill in 2010 to the Covid-19 solutions marketplace in Israel last year, crowdsourcing has been proven as an effective way to gather solutions and solve problems. In the case of the BP oil crisis, they were forced to employ over 100 experts to review the 123,000 submissions that they received.

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A brief history of work, innovation and skills in the UK

Wazoku

Advances in mechanisation, mass production and, more recently, technology have shaped where and how we work, as well as what we produce. A new era of work and technological change. New technology in the home made it easier for women to do paid work, relieving them of time-consuming housework.