article thumbnail

The Innovation Sophistication Index

Destination Innovation

Things are really happening with innovation and you are starting to see real results and improvements in performance. You are implementing modern concepts of Open Innovation and the Minimum Viable Product. Innovation can now become a serious competitive advantage for you. If you score over 18 then congratulations.

article thumbnail

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

Open Innovation EU

As opposed to entrepreneurship, entrepreneurial thinking is not necessarily bound to entrepreneurs (to be); it is an essential skill for ‘strengthening human capital, employability and competitiveness’ (Bacigalupo et al., Entrepreneurship. That brings us to entrepreneurial thinking. Behind deep cognitive structures are deep beliefs.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Separate Innovation from Entrepreneurship!

Innovation Excellence

The words innovation and entrepreneurship became synonymous in our language, and the place we see this the most is in universities and business schools. Why is being an innovator means I have to launch a startup company? Can’t I be an innovator in a mature company? But why are we linking these two words?

article thumbnail

Empowering America’s Entrepreneur Economy

Business and Tech

in 2020, which is more than any other year on record, according to the United States Census Bureau, and the first increase in entrepreneurship since the 1980s. They make up a significant portion of the more than 4.4 million new businesses formed in the U.S.

article thumbnail

The new ROI for digital innovation

Paul Hobcraft

The “impact economy” has been defined by the Aspen Institute as the “twin forces of supply and demand, impact investing and social entrepreneurship, that is driving systemic change in the US and around the world.”. When we map problem spaces (U.S.Healthcare) we are looking for impact investing. So, we need a different way to evaluate ROI.

article thumbnail

Typology for Innovative Organizations

Open Innovation EU

It helps in organization your partner-network and starting open innovation projects. Product innovation processes in small firms: Combining entrepreneurial effectuation and managerial causation. Journal of Product Innovation Management, 31(3), 616–635. Strategic Entrepreneurship Journal, 9(4), 351–379.

article thumbnail

71 Innovation Methodologies

Open Innovation EU

Innovation Circle (Berenschot). Delft Product Innovation Model (Buijs). Innovation Strategy (Goffin). 3G Innovation Model (Rothwell). Innovation & Entrepreneurship (Bessant). Focus stage: Maturity Published: 2012 more…. Focus stage: Maturity Published: 2009 more…. Chain-Linked Model (Kline).