Tag Archives: research

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.

Read More »

Five Innovation Lessons from 3M

3M is an iconic innovative company. Although mostly known for “sticky and scratchy things” (post-its and sandpaper), 3M have over 55,000 products, releasing 25 new products per week and had over 3700 global patents granted in 2016. Over 90,000 employees, 200 manufacturing plants and 86 labs are all focused on progressing 3M’s innovation agenda, but how do 3M maintain and ...

Read More »

5 Government Innovation Initiatives You Should Know About

Open the Door to Disruption December 2015 ushered in a national Ideas Boom – a call to action for Australians to embrace a national identity that positions us as innovators, thought leaders and creative disruptors. The ambitious vision for a new Australia is a signature Turnbull initiative. We discussed what’s in Turnbull’s 1.1 billion package for big business last year. While details ...

Read More »

How Google Innovates

How Google Innovates

Steve Jobs built—and then revived—Apple by fusing technology with design. IBM has remained a top player in its industry for roughly a century by investing in research that is often a decade ahead of its time. Facebook “moves fast and maintains a stable infrastructure” (but apparently doesn’t break things anymore). Each of these companies, in its own way, is a superior innovator. ...

Read More »

For Whom Do You Create New Products?

According to AcuPoll more than 95-percent of new products fail each year. This harrowing statistic should sound an alarm, one that says the way we approach the conceptualization and launch of new products does not work. Every year, billions of dollars shrivel down to zero. Careers and jobs lost. So much talent and energy gets wasted in the misdirected compulsion ...

Read More »

Facing the New Innovating World in the 21st Century

This week my research was moving around issues of complexity within innovation and I came across a great paper, written by Deborah Dougherty called "Organizing for innovation in complex innovation systems". Dougherty is attempting to reframe these into problem resolutions from breaking down discovery into four distinct channels. I liked this thinking.

Read More »