From HBR
The innovator’s quest has been to find the win-win proposition: a great new product that can create differentiated value for consumers while supporting differentiated profits for the producer.
But the focus on win-win can blind us to the needs of critical partners. When success depends on others — suppliers, complementors, distributors, retailers — [...]
The Mobile Monday Fourth Annual Mobile Africa Research Report, produced by MobileMonday and released at the annual Innovation Africa Digital Summit, addresses the growing strength of mobile innovation practices in Africa. The material is drawn from interviews with over two-dozen digital media experts as well as extensive research from news and market reports.
An article on the Allafrica website says that open innovation can kick-start a new entrepreneurial cycle for Zimbabwe. The central idea behind open innovation is that in a world of widely distributed knowledge, companies cannot afford to rely entirely on their own research, but should instead buy or license processes or inventions (ie patents) from [...]
The Businessdailyafrica website reports that Kenyan innovators have a chance to showcase their prowess in a new challenge co-sponsored by phone-maker Nokia, infoDev and Capgemini. Creators of the three best ideas will be invited to the second Open Innovation Africa Summit 2012 to be held in Nairobi from May 28-30 2012 to share their thoughts [...]
Innovation is one of the most critical means in supporting and improving the competitive position of the firm, in particular, and a firm’s survival and growth depend greatly on its ability to balance the exploitation of existing knowledge with the exploration of new possibilities, by building ambidexterity capability.
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