How to put Innovation into Action?
In 1911, the notable Austrian economist Joseph Schumpeter said that innovation is the industrial exploitation of inventions, their development and economic scope. Still valuable today, this definition clearly shows that while the invention is necessary in the innovation process, it is not the innovation.
- 01/11/2018
- 3
Seven Reasons for Alibaba’s Ground-Breaking Success
From its humble beginnings in Jack Ma’s Hangzhou apartment, Alibaba has evolved and grown into an e-commerce empire known internationally.
- 10/05/2018
- 9
Re-Designing Education through Imagination
Teaching innovation has reached maturity. There is no longer a single educational institution that doesn’t offer classes on the theme of innovation. In effect, for twenty years or so the teaching of innovation has radically transformed to become a discipline that is as much rigorous as it is relevant for any organisation seeking to develop or renew growth.
- 12/04/2018
- 10
Driverless Taxis: Lessons on Innovation
In the last few years, the arrival of private-hire cars such as Uber, Hitch, or Grab on the market has transformed the mindset of taxi drivers. Previously, they used to live comfortably, facing almost no competitors. As a result, there is little or no incentive for them to improve their service and attitude. Now, given the competitive edge that private-hire cars have over them, taxi companies have no choice but to improve their services.
- 01/01/2018
- 13
Learning by Doing Seen In Action
The experience of a practical learning approach in a business school: According to the "classical" way of teaching, the teacher has all the knowledge and teaches with a certain number of established theories developed over time, with the help of illustrations and demonstrations while the learner, typically the student, merely sits and passively acquires knowledge.
- 25/12/2017
- 10
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