Insights

Salvaging Genius: Reviving rejected Innovation projects with the Stage-Gate Model

From From trash to treasure: A checklist to identify high-potential NPD projects from previously rejected projects, Qin, Jian and van der Rhee, Bo in Technovation (2021). In the ever-changing landscape of today, companies need to ensure that they continue to innovate to create long-term sustainable advantages. New Project Developments projects (NPD projects) are the cornerstone …

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Understanding Digital Transformation: Have You Been Using The Term Correctly?

From Developing a Unified Definition of Digital Transformation by Gong, Cheng and Ribière, Vincent at Technovation (2021). With the rise of technology and modernization, it’s common nowadays to hear new jargons that pop up here and there. Although some professionals and academics take time to understand what these new terms mean, some would carelessly throw …

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Building Innovation Capabilities through the Academe

In recent years, a growing number of degrees centered on innovation have emerged. These innovation degrees are being offered by major educational institutions, universities, and business schools around the world.  The programs seek to provide innovators with the skills needed to identify emerging signals, trends, and business opportunities. These programs also help innovators develop their …

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The Rise of Venture Building

The takeover of startups threatens the existence of traditional business models. As with most competitive markets, the fast-paced displacement of large institutions is real and apparent. It is being filled with startup empires, turning it into an innovation-driven environment that most companies had feared.  But as the space has evolved over the past few decades, …

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Corporate Venture Capital (CVC) in Enabling Innovation

In recent years, it is becoming increasingly apparent that corporate innovation is crucial for the survival of any business. There are many cases in which big corporations of the past end up being replaced by startup newcomers that offer newer and more innovative value propositions.  These startups have shown to have the capacity to disrupt …

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Disruptive Technology

“Disruptive technology where you really have a big technology discontinuity… tends to come from new companies.” – Elon Musk Disruptive technology has been a powerful tool for companies that aim towards innovation-centered growth and has been a driving power in changing multiple industries’ core.  Netflix, which began as a DVD rental service, altered the entertainment …

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The Wonders Of Corporate Intrapreneurship

“Innovative solutions to new challenges seldom come from familiar places.” -Gyan Nagpal Corporations are beginning to invest in intrapreneurs because the latter understand innovation in a changing market. By giving intrapreneurs the platform and resources to innovate, it allows the unlocking of ideas and passions that can improve multiple aspects of organizations, such as product enhancement …

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Corporate Innovation: Opportunities in Crisis

Great service offerings and new products can give starting businesses the launch it needs to reach pivotal milestones in placing their everlasting stamp in the market.  However, ideas and products are not enough to maintain a prevalent mark, especially against well-equipped, large corporations with the necessary tools to combat new industry players.  Corporate innovation is …

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Signals! Stay Alert!

Drastic and sudden changes can occur in the world without warning, like how the coronavirus pandemic altered the lives of millions within a matter of months.  In this ever-changing world, businesses need to adapt through corporate innovation so they can search for solutions and update their business models.  To enable corporate innovation to develop extensively …

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