Innovation has been resisted for centuries. From refrigeration to margarine, recorded music and, more recently, robotics and artificial intelligence, new technologies face opposition by people. In a newly released book, Professor Calestous Juma of the Harvard Kennedy School’s Belfer Center for Science and International Affairs chronicles the history of this opposition to change over 600 years. The Conversation Africa’s Samantha Spooner asked Juma about his main findings.
Warren Buffett and Bill Gates answer students questions at the University of Washington. These questions cover topics such as innovation, their path to success and globalization's impact on business. This discussion shows both mens brilliance and their unique and sometimes contrasting views.
We posit that when a subject firm has greater accounting comparability with industry peer firms it facilitates that firm’s learning from peer firm investments leading to better investments by the subject firm. Therefore, we expect firms with greater accounting comparability with industry peers to generate more and higher quality innovations, which are key determinants of corporate innovative efficiency.
In an explosive combination of creativity, cutting-edge technology, and brilliant marketing, Pokemon GO has become a global craze in less than a week. The new portable game from Nintendo uses a technology called augmented reality, which allows a player to interact with the real world instead of just their screen. Game play involves discovering and interactive far away from the basement - in parks, museums, airports, and public squares. The software interacts with actual, physical things to take game playing to a completely different level.
At nearly every major technology event for the past five years we’ve been given at least one “wow” moment — when one of the big players would unveil some sort of product or service that no one had ever seen before.
Paradoxically, Virtual Reality (VR) technologies are still lagging behind the visions that people have for their use. However, VR has already demonstrated its capacity to change the ways we design, make decisions about, and produce built environments.
Depending on the year you start counting, the lifespan of a Fortune 500 company has gone from 75 years to just 15. In our fast-moving ever-changing world, new technologies and products are disrupting businesses and entire industries at an accelerating rate.
The tone of commentary about the appropriateness and effectiveness of innovation as a centrepiece of Australian government policy has turned from one of enthusiasm, particularly among the startup community, to pessimism and even rejection.
There’s a powerful myth that many people continue to believe in: that innovation comes about through a flash of inspiration, a Eureka! moment. In reality, innovation is fed by a constant diet of relevant and up-to-date information that can be reused and recombined to give shape to new ideas.
Sharing the road with vehicles is a constant threat to cyclists. Everyone has a story of a motorist (knowingly or unknowingly) running them off the road. The helmet helps alleviate that worry by having small LED lights built into the brim that let you know when a car is in your blind spot thanks to the assistance of cameras built into the helmet’s rear.
They are leading innovation by making employees happy.
For companies in financial services, volatility is no longer confined to the markets. Legacy investment firms are facing ongoing disruption. There’s competition from passively managed funds and “roboadvisors” attractive to many millennials, and the rise of fintech start-ups and cryptocurrencies and other alternative payment technologies are posing a threat to the biggest players.
Andrew Martin left the fast-paced business world in order to live a more simple and sustainable life in balance with nature. He and his wife Beth bought five acres in Bay of Plenty, a region on the northern coast of New Zealand’s North Island, and began growing a permaculture farm. In just three years it has turned into a lush oasis featuring a vegetable garden, fruit trees, a pond and wildlife habitats. His story was recently featured as the first segment of the Living the Change documentary film series by Happen Films.
Innovation is at the core of many of the Office of Energy Efficiency and Renewable Energy's (EERE’s) strategic investments. But getting new clean energy ideas into the marketplace can be a daunting task. Investors are hesitant to finance projects without market buy-in, the cost of resources needed over longer development cycles can exceed available capital, and the market has little incentive to adopt disruptive innovations.
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