7 Lessons From “Innovation and Entrepreneurship” By Peter F. Drucker

Admin on 28/10/2019

Peter F. Drucker (1909–2005) has always been considered one of the authority figures in the field of entrepreneurship, and, besides his success as a businessman, he is also famous for a thriving career as an author of multiple best-selling books, among which “The Essential Drucker”, “Managing Oneself” and “The Effective Executive”. Published for the first time in 1985, Innovation and Entrepreneurship has probably been the first book to argue that, instead of being a random, occasional, once-in-a-while process, innovation is and must be a purposeful and systematic effort instead, one that can lead established businesses, service institutions and new ventures to success in the new economy.

Raising the potential of the Triple Helix – Co-innovation to drive the world forward

Admin on 28/10/2019

The Triple Helix’s mission could hardly be more timely. Globally the economy faces two existential challenges: how to create sustainable growth given the vast overhang of private debt in Asia, Europe and North America, and how that is to be done given the disruptive – if transformational – impact of digitalisation on traditional business models. The response has to be smart ,radical and above all innovative, imposing a new urgency on universities, business and government to work together in a clear-eyed and decisive way. With our backs against the wall, we have to innovate our way out of this crisis.

70% of Value in Tech is Driven by Network Effects

Admin on 27/10/2019

The Big 5 — Apple, Google, Microsoft, Facebook and Amazon — are hitting all time high valuations. Airbnb is worth more than Hilton in the private market. Uber is worth more than GM. Spotify and Dropbox IPOed in 2018, with Slack and Didi Chuxing on an IPO track. It’s fitting they should all be mentioned in the same breath, because other than Amazon, their business DNA is amazingly similar. They are all network effect businesses. And it turns out that most of the outsized returns of companies since 1994 have used network effects.

7 ways to develop innovative and living innovation ecosystems

Admin on 27/10/2019

In recent years the notion of innovation ecosystems has largely become commonplace. This can be explained in particular by the rapid emergence of the notion of open innovation. Large companies want to interact with startups and vice versa. “Innovation Labs” are flourishing in many companies and leading to the development of collaborative links with external innovation players, including startup incubators, or directly with them.