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Adaptive Strategy Matrix [Infographic]: exploration vs. exploitation?

I recently ran into an article (Walrave et al 2011) that analyzed a simulation of investing in exploration vs. exploitation. The decision to invest in (mainly short-term oriented) exploitation or to invest in (mainly long-term oriented) exploration is one of the key concepts of management and often referred to as ambidexterity. Model of Exploration vs. Exploitation The article built a simulation and was able to test the effective of different strategies under [&hellip

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6 Skills of Innovative Leadership [Download Infographic]

As part of my role at the School of Innovation of Avans University of Applied Sciences, I was able to contribute to an infographic about the course program of the School of Innovation. It comprises the 6 skills of innovative leadership. These are the skills that should be in the toolkit of every self-respecting innovation professional. Click the infographic to download a high-resolution image. 6 Skills of Innovative Leadership Personal [&hellip

The Early Bird Gets the Worm, But the Second Mouse Gets the Cheese: Non-Technological Innovation in Creative Industries

In the most recent edition of the Journal of Creativity and Innovation Management, I ran into an interesting article about being a startup versus being an early adaptor. The article suggests that early adaptors have a higher probability to succeed in the case of non-technological environments than the startups that proceed them. The article suggests that startups or pioneers usually focus on Business Model Innovation. They create radical business models, [&hellip

Schematic overview to understand the complexity of the Innovation Ecosystem (Infographic)

The Innovation Ecosystem The Innovation Ecosystem is one of the most under-researched topics. One the one hand because policy researchers usually tend to focus more on polls, elections and international collaboration and business researchers usually tend to focus more on organizations and interorganizational collaborations. However, publisher Edward Elgar has repeatedly published interesting works on innovation policy, innovation systems and the like. An ecosystem of innovation could be described as, quoting [&hellip

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15 Best Open Innovation Articles of 2015

2015′s Innovation Management conference (ISPIM) was all about Open Innovation. In fact, it was one of the most keywords – and definitely the most specific one – used amongst all 233 papers presented during the conference. Although the articles are not completely available yet (if you’re not a member), I have used it to draw up a list of the 15 best articles presented on the conference on Open Innovation of [&hellip

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