Innovation Strategy

Digitization has not resulted in increased productivity growth. A University of Chicago economist explains why.

Social media provides a game-changing opportunity to support innovation and new product development.

Products connected to the Internet of Things are providing unprecedented levels of information.

A successful innovation developed by Cisco’s R&D unit in India offers practical insights.

Crowdfunding backers are important for the feedback, ideas, and word of mouth they provide to entrepreneurs.

Three experts provide their responses to the article “How Useful Is the Theory of Disruptive Innovation?”

Businesses are averting disruption by beating their new competition, joining them, or waiting them out.

Smart data and mass customization have the potential to radically change the way trips are planned.

Smartphone maker Xiaomi cultivates user pride through user-centered and open innovation.

How well does Clayton M. Christensen’s theory describe what actually transpires in business?

Innovation flourishes when companies are geographically close, but knowledge poaching can thrive, too.

Biomarkers Consortium, a public-private partnership in the health industry, presents five lessons in managing collaboration.

There are five options for structuring intellectual property partnerships, ranging from licensing to joint ventures.

Companies can participate in “collaborative consumption” through creative new approaches to defining and reusing their resources.

One way to learn, argue Paul J.H. Schoemaker (Wharton School) and Steven Krupp (DSI), is to “try to fail fast, often and cheaply in search of innovation.”

By using mobile devices, social media, analytics and the cloud, savvy companies are transforming the way they do business.

The ideal window of opportunity to enter a new industry starts when a dominant category label is introduced.

The overconfidence of presumed expertise is counterproductive. Instead, data trumps intuition.

New research looks at the strategies executives use in capturing new growth opportunities.

Unconventional approaches to innovation are speeding up new product development, making R&D faster and cheaper.