9. Innovation Ecosystems So far I have addressed an economic structure based on value chains. This is the “only” possible economic structure since whatever is being done requires some suppliers and some buyers. However, in the last 20 years we have seen two phenomena reshaping the value chains structure: a …

Green with envy, feeling blue, being in the pink…. just ways of depicting an emotional state. Well, apparently there is more to these sayings than one would think.   Researchers at the Aalto university investigated how emotions are connected to specific body sensations and have involved a sample of 700 volunteers …

8. Clocking innovation The go-to-market decision is typical of innovation. An innovator, a company, carefully decides when it is the right time to hit the market. This depends on several factors, like when the announcement can have the best media coverage, what competitors are doing and are likely to do, …

7. The concept of release In the previous post I noticed that innovation displaces players in the marketplace. Since the amount of money available is finite the decision from a customer (at the end of the value chain or in the value chain) to spend part of the money on …

I remember the days when it was said that the mother is always certain, the father not. Even in those days, though, the fact that for any offspring there are exactly one mother and one father was never disputed. In the last decade researchers trying to tackle a number of …

6. Value Chain I would like to finish this series of posts on Research vs Innovation by looking at how they hit the marketplace. In the case of research we have seen that the end product is knowledge, that may be protected by a patent. This result is standing alone, …

5. Innovation Pills According to a study of Harvard Business School one of the reasons why Silicon Valley is so successful is the number of start up companies that are acquired by bigger companies. This has a two fold effect: it brings an innovation pill inside the big company and it provides the …

Everybody agrees (well, most agree) that leveraging the huge data that are and are becoming available, is to everybody benefits. But leveraging those data means getting hold of a variety of data sources and potentially acquiring insights that may affect the right to privacy of people and enterprises. There are …

4. The "implicit knowledge" As I observed in the second post of this Saga producing innovation most likely requires "implicit knowledge" something that it is not available off the shelf but has to be learned through experience. This applies to individuals as well as companies. It is not a case …

3. Getting the lay of the land Innovation, as opposed to research that may produce knowledge that can have no relation with what is already available, happens in the market. As such it has to interact with what is in the market to become an Innovation (e.g. to have success …