Idea posted: November 2016

Institutions: Singapore Management University    University of Michigan Ross School of Business    Harvard Business School    Lee Kong Chian School of Business   

Companies in technologically dynamic industries — industries in which competitive advantage is built on innovation and R&D breakthroughs — seek out different types of partner firms than companies in technologically…

Idea posted: October 2016

Institutions: Stanford Graduate School of Business   

Creativity is generating creative ideas. Innovation is successfully implementing creative ideas. Past researchers have connected creators to implementation by looking at such factors as network position: if creators have the…

Idea posted: September 2016

Institutions: Rotterdam School of Management, Erasmus University    University of Amsterdam    Cranfield University School of Management    University of Leuven   

An organization’s activities can be divided between exploitation — the day-to-day operations of the organization as well as strategic planning and implementation — and exploration — acquiring and using new…

Idea posted: July 2016

Institutions: University of Middlesex Business School    Bocconi University Department of Management & Technology    IE Business School   

When research-based companies hire new scientists to join their research teams, they are looking for two benefits. The first benefit involves output: what the new scientist can produce. This direct,…

Idea posted: April 2016

Institutions: ESMT European School of Management and Technology    Imperial College Business School    Boston University Questrom School of Business   

The hunt for innovative ideas is best achieved, according to the ‘variance hypothesis’ by leaving your office and meeting a broad range of new people in new domains. The greater…

Idea posted: April 2016

Institutions: Dartmouth College   

The idea of a new invention may seem to suddenly appear in the imagination of the inventor. In truth, the inventor has carefully constructed the idea by combining different ‘elements…

Idea posted: February 2016

Institutions: Center for Creative Leadership (CCL®)   

Whether developing new products or services, refining internal processes, or creating disruptive business models, innovation is the key to sustained competitive advantage. Many companies, however, are unable to meet their…

Idea posted: October 2015

Institutions: University of Toronto Rotman School of Management    MIT Sloan School of Management   

Google was famous for its 20% free innovation time policy. Google employees were allowed to spend 20% of their time in the office to pursue any personal interests and ideas…

Idea posted: September 2015

Institutions: University of Toronto Rotman School of Management    London Business School   

Two schools of thought exist on the best source of innovation. The foundational school argues that a deep, expert knowledge of the domain is required to unlock new pathways. Only…