Match-making for Innovators and Companies
source: www.everydayedisons.com Abstract: Edison Nation is an online community dedicated to inventors and people with ideas. It aims at helping them to turn their ideas into products and companies discovering those ideas. People can submit their ideas (into the Live Product Search database), learn about invention processes, present their ideas to companies and find […]
Putting the NO in InNOvation
source: www.postcereals.com Abstract: In the beginning of 2009 the American cereals manufacturer Post came up with a new campaign under the tagline “Why we put the NO in Innovation.” By emphasizing the 100% natural ingredients and the fact that the product has not changed for centuries, Frank Duff – a fictional CEO – motivates his employees […]
Disruptive Innovation from India: The Tata Nano
source: http://tatanano.inservices.tatamotors.com Abstract: In January 2007 Tata Motors, India´s largest company in the automobile and commercial vehicle sector, launched a four-seater car with a purchasing price of around 1440 Euro. The Tata Nano is now the world’s cheapest car. Automotive suppliers are, amongst others, the German companies Bosch, Continental and BASF. In order to achieve this very […]
Innovation Network Corporation of Japan: Japan’s Hidden Champions shall collaborate
Abstract: In face of growing global competition and up catching competitors from other Asia countries, business conditions for Japanese so far very successful medium-sized companies (hidden champions) become tougher. Previous success factors, such as high individual R&D spending, outsourcing of low-cost production, keeping high-tech knowledge hidden at home (even for customers), possessing the complete […]
Innovation Culture of the Tata Group
source: www.tata.com Abstract: Tata Consultancy Services, a firm belonging to India´s Group, makes internal innovation corporate culture top priority. Several strategies have been implemented in order to build a culture of innovation and stimulate employees to think innovatively. These strategies involve e.g. creative thinking as one of nine performance categories on which employees are evaluated […]
Non-western Innovation Boom: Biotech in China
Abstract: China invests vast amounts of resources into research programs in order to foster basic research and applied science, in particular concerning the sponsorship of future technologies such as biotech. The budget of research institutions and universities has grown with an annual growth rate of 20% recently. This development and other contributing factors such […]
Reverse Innovation
Abstract: Traditionally, innovations found their way from developed to emerging markets in the form of less-sophisticated products at lower prices. The numbers of examples that work the other way around are increasing. It is more and more the case that innovation “trickles up” from emerging to developed nations. GE Chairman Jeffrey calls this tendency “reverse […]