Are Innovation and R&D Yielding Decreasing Returns?

Irving Wladawsky-Berger

Given the pace of technological change, we tend to think of our age as the most innovative ever. These innovations, first developed in the late 19th and early 20th century, have long been transforming the lives of billions. Innovation may be hitting a wall of diminishing returns.

Open Innovation 2.0

Irving Wladawsky-Berger

I recently read Twelve Principles for Open Innovation 2.0 , an article published last year in Nature by Martin Curley. Let me discuss each of these phases of innovation. Closed Innovation. Innovation was increasingly occurring in the marketplace, no just in their labs.

bias thwarts innovation

Harold Jarche

Innovation requires diversity. Innovation is not so much about having ideas as it is about making connections. Innovation is a network activity and creating structural holes through gender bias only weakens the network. Innovation is in a state of perpetual beta.

The Impact of AI on R&D and Innovation

Irving Wladawsky-Berger

Beyond innovations in existing sectors, the rapidly improving price/performance of GPTs have led over time to the creation of whole new applications and industries.

Are Innovation and R&D Yielding Decreasing Returns?

Irving Wladawsky-Berger

Given the pace of technological change, we tend to think of our age as the most innovative ever. These innovations, first developed in the late 19th and early 20th century, have long been transforming the lives of billions. Innovation may be hitting a wall of diminishing returns. In a 2009 paper, The Burden of Knowledge and the ‘Death of the Renaissance Man’: Is Innovation Getting Harder? Innovators can compensate for this increasing knowledge burden in two key ways.

Social innovation labs, initial thoughts

Dave Snowden

For one reason or another I’ve ended up talking about various social innovation labs in multiple locations over the last couple of weeks and I’ve got a call on the subject tomorrow. The post Social innovation labs, initial thoughts appeared first on Cognitive Edge.

Innovation Thoughts

Clark Quinn

So I presented on innovation to the local ATD chapter a few weeks ago, and they did an interesting and nice thing: they got the attendees to document their takeaways. I started talking about why innovation was needed, and then what it was. So, what are your thought around innovation?

The Science of Innovation

Irving Wladawsky-Berger

Innovation - identified by MIT economist and Nobel laureate Robert Solow as the driver of long-term, sustainable economic growth and prosperity - has been a hallmark of the Massachusetts Institute of Technology since its inception.” The innovation paradigm has changed.

The MIT Inclusive Innovation Competition

Irving Wladawsky-Berger

As i ts website explains: “While digital technologies are rapidly transforming both business practices and societies and are integral to the innovation-driven economies of the future, they are also the core driver of the great economic paradox of our time.

The 2016 MIT Inclusive Innovation Awards

Irving Wladawsky-Berger

Several months ago, MIT’s Initiative on the Digital Economy launched its first annual Inclusive Innovation Competition (IIC). Let me close by explaining why I feel particularly proud to be associated with the Inclusive Innovation Competition.

Disruptive Innovation Revisited

Irving Wladawsky-Berger

The recent New Yorker article, - The Disruption Machine: What the gospel of innovation gets wrong , - by Harvard history professor Jill Lepore , has led to a flurry of opinions on disruptive innovation. The New Yorker described the article as “Rethinking the innovation craze.”

Innovation on the cusp: symbiosis

Dave Snowden

Over the last year I’ve been starting sessions with my use of Apex Predator theory to combine Moore’s Crossing the Chasm with Clayton Christensen’s ideas of disruptive innovation and various uses of S-Curves. The post Innovation on the cusp: symbiosis appeared first on Cognitive Edge.

the innovation imperative

Harold Jarche

If not, we will cease to progress, because innovation is a network activity. Monopolies are not innovative. If we are to encourage innovation, we have to work hard at engaging with diverse groups of people. Sharing is the innovation imperative. Innovation

Innovation catalysts

Harold Jarche

More Catalysts in the enterprise may also significantly improve innovation because innovation is inextricably linked to both networks and learning. Innovation PKM

innovation in perpetual beta

Harold Jarche

The perpetual beta working model tries to show how work and learning are related as we negotiate various types of networks to get new ideas, test them out, and innovate how we work. In our work teams we can focus on incremental innovation, to get better at what we already do.

The Innovation of Loneliness

Luis Suarez

Collaboration Communities Fun Stuff and Musings General Interest Innovation Learning Life Open Business

Disruptive Innovation

Clark Quinn

I recently came across a document (PDF) about disruptive innovation based upon Clayton Christensen’s models, which I’d heard about but hadn’t really penetrated. This one was presented around higher education innovation (a topic I’ve some familiarity with ;), so it provided a good basis for me to explore the story. The model’s premise is that disruption requires two major things: a technology enabler and a business model innovation.

The Impact of AI on R&D and Innovation

Irving Wladawsky-Berger

For the past couple of centuries, general-purpose technologies (GPTs) have been the key drivers of productivity and economic growth, - thanks to their rapid improvements in price and performance, pervasive applications, and ability to spur complementary innovations across a wide variety of industries. Beyond innovations in existing sectors, the rapidly improving price/performance of GPTs have led over time to the creation of whole new applications and industries.

Innovation + Quality

Jay Cross

Learning Innovations and Quality Conference : “The Future of Digital Resources” LINQ is the only European conference to cover both Learning Innovations and Learning Quality. Just Jay Making sound decisions Management Innovation Meta-Learning

Technology, Resources and Innovation

Stephen Downes: Half an Hour

The stovepipe innovations - why are you settling for it?

The Internet, Blockchain, and the Evolution of Foundational Innovations

Irving Wladawsky-Berger

The concept of disruptive technologies, as defined by Clayton Christensen 20 years ago, has become widely accepted as a way of thinking about innovation-driven growth, but it’s been often misunderstood and misapplied.

Waxing Lyrical On Leadership, Engagement, Purpose & Innovation

Dan Pontefract

The fine folks at Learnnovators conducted an interview with me recently, where I spouted off on aspects of leadership, engagement, purpose and innovation. Learnnovators: To quote Clark Quinn, “Survival requires continual innovation, and at the core is learning faster than everyone else”.

The MIT 2017 Inclusive Innovation Challenge

Irving Wladawsky-Berger

How can we accelerate the transformation of institutions, organizations, and human skills to keep up with the quickening pace of digital innovation? To help come up with breakthrough, real-world answers to these tough questions, IDE launched the MIT Inclusive Innovation Challenge (IIC) last year. We created the Inclusive Innovation Challenge to recognize and reward the many amazing people and organizations that are working to accomplish this mission.”

The “Recombinant” Nature of Digital Innovations

Irving Wladawsky-Berger

Customer self-service is an excellent example of recombinant innovations , which UC Davis professor Andrew Hargadon defines as innovations that “rather than chasing whole new ideas, [are] focused on recombining old ideas in new ways.” Is innovation accelerating or slowing down?

6 key elements in effective innovation governance

Ross Dawson

Earlier this week I ran a two-day workshop in Bali for the Malaysian Directors Academy on The Innovation Zone: Unleashing The Mindset. Innovation and transformation at the board level is by far the dominant theme of my work at the moment. Future of business Innovation Uncategorized

Innovation and Value

Stephen Downes: Half an Hour

Responding to George Couros, Thinking About Research, Innovation, Test-Scores, and Creativity You write (and this is the theme of the whole post, really): "One thing I am still adamant about…know the people you serve and move backward from there. I experiment, using some of my existing tools, creating new tools, interacting with the person or the audience So how does this related to research and innovation.

Embracing Disruptive Innovations: Organizational Challenges

Irving Wladawsky-Berger

I was asked to talk about the organizational challenges that companies generally face when embracing disruptive innovations like those being developed by ID3. Managing a Disruptive Innovation Initiative. There are many reasons why disruptive innovations fail in large companies.

innovation means learning at work

Harold Jarche

“So it is important to understand that there is no one-size-fits-all philosophy in terms of successful innovation. Innovation is continuous. Successful innovators and entrepreneurs all embrace change and the risks that they pose. Innovation and Learning. Innovation

Blog Post: Worcestershire Innovation Knowledge Caf?

David Gurteen

By David Gurteen I facilitated a Knowledge Café a month or so ago in my home town of Worcester for WINN (Worcestershire Innovation) on the topic "What are life's big questions that require innovation as an answer?".

The Complex Nature of Cloud-based Innovation

Irving Wladawsky-Berger

I find it helpful to look at cloud along two key dimensions: as a technology to improve IT productivity, and as a platform for enabling business innovation. Only one company in six viewed cloud as a way of fostering business innovation.

The Real Unemployment Innovation Challenge

John Hagel

Re-framing innovation. Many people have put their faith on innovation as a way to resolve the unemployment challenges that we face.  If we’re going to address the challenges ahead, we need to re-frame what we mean by innovation. Rather than focusing on product or service innovation, or even process and business model innovation, we need to focus on a form of innovation that isn’t yet on the agenda of our leaders – institutional innovation.

Innovation as a Journey into the Future

Irving Wladawsky-Berger

I recently read an excellent innovation report, - Strategic Orientations for Innovation: Chile in the 2025 Horizon. He was a Senator then, a position he held from March of 2002 until his appointment to president of the Innovation Council.

Innovation. Maybe.

Jay Cross

“All human institutions since the dawn of prehistory or earlier had always been designed to prevent change–all of them: family, government, church, army. Change has always been a catastrophic threat to human security.” ” Peter R. Drucker.

Innovation Hubs in the Global Digital Economy

Irving Wladawsky-Berger

Disruptive innovations, - like the power looms allegedly smashed by protesting Luddites, - have been displacing human labor for the past two centuries. Over time, these same disruptive innovations rejuvenated the economy, and led to the creation of new industries and jobs.

Intervention Design: Overcoming Stiff Resistance to a New, Disruptive Innovation

Irving Wladawsky-Berger

With four articles on the subject, HBR ’s overriding message is that design is no longer just for physical products, being increasingly applied to customer experiences, innovation, business strategy, and complex problem solving. .

PKM and innovation

Harold Jarche

In the FastCoDesign article, How do you create a culture of innovation? the authors note four skills that most successful innovators exhibit: Questioning: Asking probing questions that impose or remove constraints. The Seek-Sense-Share framework aligns with these innovation skills.

PKM 191

Some Puzzling Questions about Innovation in the Digital Economy

Irving Wladawsky-Berger

This semester I am teaching the innovation half of a course on Entrepreneurship and Innovation at NYU’s new Center for Urban Science and Progress (CUSP). The bulk of the innovations in the industrial economy involved physical objects, physical systems and the physical world around us.

Innovations

Clark Quinn

In the chapter on innovation , he talks about two types of experimentation: convergent and divergent. And I was reminded that I think of two types of innovations as well. He talks about how experimentation is the key to innovation (in fact, the chapter title is Innovate by Rapid Experimentation). Innovation. These roughly correspond to the two types of innovation I think of. I think of this as short-term innovation.

Organizational Innovation

Irving Wladawsky-Berger

Almost seventy years ago, Austrian economist Joseph Schumpeter popularized the term creative destruction to describe the process of transformation that accompanies disruptive innovation. In Schumpeter's vision of capitalism, innovative entry by entrepreneurs was the force that sustained long-term economic growth, even as it destroyed the value of established companies that enjoyed some degree of monopoly power.

Innovation is a network activity

Harold Jarche

In business, attention is paid to innovative individuals, especially those who go on to become captains of industry. But of more importance is the ability of the network (society, organization, company) to stay connected to its collective knowledge in order to keep innovating.