The Global Innovation Index ranks the innovation performance of 128 countries and economies around the world, based on 82 indicators. Switzerland, Sweden, the United Kingdom, Finland, Singapore, and the United States lead the 2016 rankings of the world’s most innovative economies.
European countries can learn from China's innovation-driven economy represented by leading e-commerce companies like Alibaba, experts attending a symposium said on Thursday in Brussels.
Duncan Clark, an expert on the internet and entrepreneurship in China and author of "Alibaba: the House That Jack Ma Built," told Xinhua that the firm represents an innovation-driven economy which can enlighten European countries lagging behind in this field.
There’s been a lot of talk lately about the future of work. Much of the time, these conversations are fueled by the anxiety many of us share as we try to understand the impact new technologies will have on our industries.
Two products caught global attention several years ago. They both aimed to provide an alternative to refrigerators to consumers in emerging markets who could not afford a conventional fridge or lacked the electric supply to run it. One was ChotuKool, a small box-like device (chotu means small in Hindi) with a unique design that cooled using a thermoelectric chip running on batteries. The second was MittiCool (mitti means clay or earth), a clay container with shelves that uses water evaporation to cool items. Chotukool was priced at $60 and Mitticool sold for $40.
Large, established companies get a bad rap for failing to be innovative. Conventional wisdom suggests that these firms are less likely to create path-breaking new technologies. Some argue this is because established firms are less likely to pursue radically new ideas—they get complacent or they don’t want to cannibalize their own success. Others claim that established firms may try to innovate, but are too set in their old ways to succeed.
It seems obvious that businesses should want to innovate. New ideas, new revenue streams, stealing a lead on your competition: what’s not to love? And yet innovation — the very concept of doing something new and different and untried — seems to terrify so many of the businesspeople and wannabe entrepreneurs I meet in Australia.
Recently, Match-Maker Ventures and Arthur D. Little have released an interesting report, titled “The Age of Collaboration“. The study does a good job in synthesizing the global state of play of corporate-startup collaboration and latest findings on success requirements for its implementation.
Getting to the root of poverty means solving various issues along the way, and inventors are up for the challenge.
Poverty isn't just inadequate access to income — it manifests in a lack of access to health services, education and vital goods. It can also lead to societal instability, allowing sexism, ableism, classism and racism to flourish. And every day, innovators create new gadgets and other solutions with the world's poor in mind.
Companies trying to create a culture of innovation often seem to rely on office decor like ping-pong tables tables or multi-colored bean-bag chairs, or one-off events like hackathons. But most of us who want to be more innovative would like to do so in our day-to-day work. What should we be focusing on?
What is Bimodal People Management? It might be the next stage for your HR department. A new chapter that takes HR on an exciting journey of exploration into uncharted territory of business transformation. A new way of working that fosters creativity and connects more people than ever before. A new HR mindset that adds more value than ever before.
In early October 2016, the group that calls itself the Islamic State killed two Kurdish soldiers with an explosive device hidden inside a drone. While terrorist groups have long had a fascination with drones and experimented with their use, the incident was a first for a terror group, and it potentially represents the leading edge of a wave of similar incidents that could follow in the months, years and decades ahead.
Consumers today are spoilt for choice in every segment of their choosing, be it products or services. An organisation must set itself apart from the rest to grab the attention of its target consumers. A product differentiation and promise of better quality therefore become key to success.
Agriculture provided the foundation for civilization, and modern innovations in agriculture could help save it. Industrial monoculture, the farming method by which most of the global food supply is grown, degrades the land, reduces ecological resilience and diversity, and requires an enormous amount of fossil fuels.
We all talk about it, but how are we actually doing it?
In attempt to find out how large mature companies are tackling innovation, Lean Ventures has recently completed surveys followed by in-depth interviews with innovation managers at large companies in telecom, utilities and consumer appliances.
In an era of unparalleled technological change, staying ahead of the curve can be a tremendous challenge. As usual, the solution is to be found with our fellow human beings. Today's savviest businesspeople are increasingly becoming part of communities designed to give everyone involved the information, ideas, and support needed to find opportunity in innovation. One of these business leaders, Red Chalk Group founder Raymond Zenkich has organized a community of his own-the Blockchain Insurance Summit, which will occur on November 8 in Chicago. Here he discusses why community building should be a major priority for every entrepreneur and executive in the digital age.
I was shocked to discover on a recent visit that a giant but innovative local hospital system has implemented a break-through in wellness. They have adapted some of the industry’s leading-edge employee wellness techniques and made them work for patients visiting their hospital, thus adding a whole new dimension in the way they make their patients healthy. Much like my previous report of a EMR interchange break-through, it’s so radical and unexpected I wouldn’t have believed it unless I had experienced it myself.
If you have ever wanted to build your own solar-powered home without sporting a roof full of… well, solar panels, Dyaqua is here to help. The company’s Invisible Solar panels are meant to look just like concrete bricks, slate shingles, and even wooden boards, making renewable energy flow fluidly with classic architecture.
How did Heinz get people to consume 78% more ketchup through a simple design change? The same principles that the best stand-up comedians follow also apply to successfully innovating products and services. To avoid the risk of killing good ideas, both must utilize research as an aid to creation, not as replacement for judgement.
In business, you’ll hear the words 'creativity' and 'innovation' thrown around a lot. Interviewers use them when they screen new employees, and managers use them when they talk about growth in the company.
But there’s a common tendency to employ these words interchangeably. Strictly speaking, the two terms refer to different things, and it can become confusing if people grow to assume they mean the same thing.
Big companies have great execution habits to manage and improve successful business models and value propositions. But the habits that foster execution can easily kill new growth initiatives inside your company.
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