Tags » Culture Of Innovation

Innovation and VC investors

Academic research provides abundant empirical evidence suggesting that corporate and socio-economic policies tolerating failure, both at individual and firm levels, foster innovation. For example, labor laws limiting firms’ ability to discharge employees at will… 556 more words

Innovation

Innovation and bankruptcy

Recently, I described academic studies suggesting that corporate innovation is fostered by labor laws that limit firms’ ability to discharge employees at will. These studies provide support to the idea that the best way to encourage risk-taking and experimentation is not to “celebrate failures,” but to remove the proverbial  334 more words

Innovation

The dose is everything: how much labor protection is good for innovation

theoretical concept proposed by Gustavo Manso in 2011 (I wrote about it here) postulates that the optimal combination of incentives that motivate employees to innovate must include tolerance for failure in the short term and reward for success in the long term. 396 more words

Innovation

The “labor law” of innovation

One might assume that pro-worker labor laws, due to their association with lower levels of investment, productivity and output, would have a negative effect on innovation. 702 more words

Innovation

Innovation and failure: from words to deeds

The idea that innovation involves experimentation—and experimentation often results in failures–has gradually crawled to the forefront of our thinking about the innovation process. It became fashionable to quote Amazon’s Jeff Bezos as  619 more words

Innovation

CEOs Must Do These 3 Things To Turbocharge Innovation

Check out my article in Chief Executive Magazine, with Ataman Ozyildirim of The Conference Board, “CEOs Must Do These 3 Things to Turbocharge Innovation”. 

Across the globe, one business challenge has the ear of CEOs like few others: innovation. 86 more words

Talent Management

How to Cultivate Innovation in the Workplace

Innovation is what most businesses aim for no matter what industry. In fact, a lot of today’s most successful businesses were founded on innovation. Look at Apple and Microsoft; both companies started from ideas that seemed impossible at the time they were established. 546 more words

Innovation