Tag: Innovation

AI Won't Replace Innovators and Fresh Thinking

Tom Davenport, an acclaimed author of AI books, and Glenn Leibowitz, recognized as a LinkedIn Top Voice, say AI and ChatGPT are no substitute for original thinking. How can AI and ChatGPT be useful Read more

The public sector has long benefited from partnerships with private sector companies that allow innovation and entrepreneurship to flourish. However, government agencies themselves often struggle to Read more

To Survive a Crisis, Re-Think Your Family’s Ties

As global crises are becoming increasingly frequent and unpredictable, family ties and family relationships—or what are collectively called “family social capital”—become critical for the Read more

Entrepreneurs, not federal government subsidies, are the key to societal improvements. Consider, for example, the newly passed Inflation Reduction Act. It aims to reduce carbon emissions by giving Read more

Approximately 16% of patents change hands during their lifetime. A patent in the right hands can be a win-win for both the buying and selling firms, as well as for consumers who can benefit from the Read more

Abundant Marketing Resources Can Hinder Family Firm Innovation

Most people would agree that businesses benefit from three core marketing resources: strong market knowledge, great relationships with customers and suppliers, and a sterling public image, brand, and Read more

Innovation, or the creation of new products or processes, helps small- and medium-sized enterprises (SMEs) be more productive and profitable -- and sometimes even survive. As a catalyst of social Read more

Disruptors v. Defenders is a virtual, team-based entrepreneurship immersion simulation fueled by individual work and team coordination, spanning an entire course term. This exercise is designed to Read more

Apple has become the standard bearer for products that are both technologically complex and simple to use. The Apple TV remote has two buttons and a ring, whereas the typical cable remote has several Read more

In his book Lean Startup in Large Organizations , corporate innovation expert Jim Euchner offers a systematic approach to successfully implementing Lean Startup practices in established companies, Read more