Industry

Entrepreneurship and Innovation in the Auto Industry

Entrepreneurship and Innovation in the Auto Industry - Innovation Excellence

As automobiles move into the next phase, there will be a window of opportunity for entrepreneurs to gain a foothold into this re-invented industry. Much like the smartphone allowed tens of thousands of entrepreneurs create remote service centers and a new type of maintenance offering; and facilitate the automotive Internet of Things that will connect those cars to the rest of the world.

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Why R&D Spending has Almost No Correlation to Innovation

Why R&D Spending has Almost No Correlation to Innovation

A newly released infographic by Visual Capitalist shows that while the US leads in the amount of dollars spent on research and development ($463 billion), it only came in fourth place with the percentage of GDP spent on R&D (2.79 percent), just over half of the GDP percentage invested by South Korea. Beyond Korea, the US is trailing Japan and Germany.

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Peer Group “Scaling-Up”: Initial Survey Results

Peer Group “Scaling-Up”: Initial Survey Results - Innovation Excellence

As published in a recent post, we have initiated a Peer Group of leading European companies which share our view that Best Practices with respect to scaling up validated concepts (successfully emerging from the “Fuzzy Front End”) to business impact need to be in place to sustainably increase overall corporate innovation performance. It has become obvious that Scaling-Up really seems to be

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Innovation Should Not Ignore Privacy or Security Risks

Innovation Should Not Ignore Privacy or Security Risks - Innovation Excellence

Will new laws ignore privacy dangers inherent in self-driving cars? Even as the country still reels from revelations that almost 2.5 million more people were affected by the recent Equifax than previously thought (bringing the current total up to 145.5 million), the senate has introduced legislation regarding advanced testing and deployment of autonomous vehicles without addressing privacy or security measures. ...

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Top 5 Innovations in Solar and Photovoltaic Power

The Department of Energy (DOE) has hit a key goal in solar energy cost reduction three years ahead of schedule, according to The Hill. The SunShot Initiative originally aimed to lower the price of electricity generated by utility-scale solar photovoltaic systems to $0.06 per kilowatt hour by 2020. This goal has already been achieved, and the residential and commercial sectors ...

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Shoe Dog: 11 Lessons from the Creator of Nike

I’m a sneakerhead. In English, that means that I collect trainers. I love the aesthetics of the shoes, but perhaps more so the dynamics of the collectibles market which Nike effectively created. In his new book, Phil ‘Shoe Dog’ Knight, the founder, former CEO and now Executive Chairman of Nike, he tells his story of taking the business from humble origins, through an IPO in 1980 and onto its current $30 billion market capitalisation.

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How IoT is Transforming Unexpected Industries

How IoT is Transforming Unexpected Industries - Innovation Excellence

By the late 1990’s computers became truly transformative, followed by Internet and email as conduits to a continuous flow of information that could be processed, analyzed and turned into action. Today, as digital connectivity transforms physical machines, we’re likely into the early days of a similar productivity boom.

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