R&D

Does the new need to be new?

Image of astonished business woman holding ipad

Does every innovation need new technology, or a new manufacturing process, or a new patent? Does it need to be new for the sake of it? Not if you understand exactly what you have before you start, and how it can be exploited further to meet new demands in the marketplace.

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State Backing for R&D is Declining

research-funding

Growth is a permanent feature of western economic discourse, with politicians of all stripes promising to deliver it as the path to prosperity.  Of course, economists have long since known that growth is only possible through innovation, so it is perhaps no surprise that governments around the world are investing heavily in innovation. You have reports like the annual INSEAD/WIPO ...

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The Only Three Swim Lanes that Matter to a Business

swimlanes

  In the course of my training with business leaders, we inevitably come to the existential business question… “What is the purpose of a business?” This is a great question, and one with a very simple answer. The purpose of a business is to create value. That’s it.  To create value.  Plain and simple.  That is what a business does. ...

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Keep Innovation Management Simple

Keep Innovation Management Simple

Innovation is the lifeblood of business growth.  Innovation management is also a process; a means of getting the right product to the right people at the right time. Yet all too often innovation management doesn’t work well.  It can be uncoordinated, out of sequence, either cutting corners or over-engineered.  Innovation initiatives often start with generating broad ideas out of context.  ...

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CPG Brands Struggle as Consumers Demand ‘Supply Chain’ Transparency

honesty

Understanding consumer needs and demands and then adapting to them often requires companies to change their processes and innovate. In a recent podcast, AgFunderNews addressed how CPG brands are struggling to be transparent throughout the supply chain. As consumers shift and become more socially and environmentally responsible, Fortune 500 companies and startups are seeking R&D consultants like PreScouter to uncover ...

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15 Outspoken Quotes on Innovation

quotes

Yes, Innovation is extremely difficult. That’s why I love it actually. My personal goal is to spark innovation by making it less complex so you, your colleagues and/or clients will be able to innovate yourself. As blogger on innovation I have written more than 200 posts. I reread them to identify15 essential innovation messages. Being Dutch makes me kind of outspoken and ...

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Using Tech Scouting Software to Source and Manage Technologies [video]

Discovery used to be relatively easy. But, over time it has become harder and harder to find the next great innovation. Wellspring for Technology Scouting software was developed to deliver a simpler and more efficient way to find and manage technologies. It streamlines the process by addressing the hidden costs of modern innovation. Wellspring for Technology Scouting from Wellspring on ...

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How to Start Innovation with an Idea

The Innovation Maze

The Idea Route Google, currently a company with a market capitalization of $ 500 billion, started as just an idea. In 1995, the idea for “downloading the entire web onto computers” came to Google inventor Larry Page in a dream when he was 23 years old. He claimed, “I spent the middle of that night scribbling out the details and ...

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