InnovationManagement - The number one online magazine for innovation management practioners

InnovationManagement recently spoke to Dr Thomas Weber, Managing Director of BASF’s Future Business, about what it takes for a large company to maintain a constant flow of innovation ideas and a spirit of enthusiasm to feed the pipeline.

Innovation is very much the word of the moment. We hear it used in science, the arts, in politics, in society, and often for good reason. For example, the creation and building of the European Union, is one of the most innovative – and indeed frustrating – processes in....

In conjunction with the resent oil spill disaster the U.S. Federal Government and BP tapped into open innovation as one way to solve the problem. Only in a few weeks, over 20,000 suggestions were received. Not surprisingly this kind of open innovation efforts hardly did anything to solve....

The Dutch Innovation Platform, a think-tank established by the Dutch Government, recently released a report Nederland 2020, Back in the top 5 outlining the steps the Netherlands needs to take to regain its former position in the top 5 of the World Economic Forum’s Global Competitiveness Index (GCI). In....

President Obama ‘crowdsourced’ a part of his political agenda with his change.gov initiative, which embraced the conversation and allowed users to identify topics that were important to them and vote on their relative importance. The addition of social media tools and philosophy to the mix resulted in a perfectly....

This is the first in a series of articles that take the need of Innovation under the loop and share some of the imperatives, must have’s if you will, to create and sustain “NEW” in business or organizations. The material is based on 25 years of hands on experience....

How to create innovations that customers do not expect, but that they eventually love? How to create products and services, which are so distinct from those that dominate the market and so inevitable that make people passionate? A major finding has characterized management literature in the past decades: that....

History is going to judge 2007-2009 as the time when the innovation movement grew up. The discipline forced on companies by the economic downturn has shown many of them better ways to innovate. Leaders like IBM and P&G are showing how to treat innovation like a discipline. A growing....

Look at an example like Nokia and you can see the mobile device and services giant rapidly evolving different types of ecosystems around its devices, services and solutions – these are all ad hoc innovation platforms or ways to introduce the unplanned into corporate strategy. Ad hoc innovation is....

During the 1980s it became apparent to European policy makers that the twin titans of innovation, at the time, the USA and Japan, were better at innovating than were European firms. Or rather Europeans could invent but struggled to get to market.