Legal and regulatory aspects are rarely mentioned when discussing innovation management. But they do play a major role, and the analysis of the legal environment is a crucial issue. It allows smart organizations to implement original strategies… even though there are a number of pitfalls.
Henceforth, many companies are afraid of getting uberized. Now, this danger, which has its roots in the emergence of the web twenty years ago, can be considered neither as a novelty nor a surprise. So why is the corporate world so unprepared? A simple matter of denial or an overly superficial understanding of digital technology? In any case, it has never been so urgent for the corporate world to understand what is going on. Be it only prepare the counter-attack.
One year after the IPO, Alibaba's new investments have started to impact the structure of the company. The group has adopted a modern and innovative way to exploit the funds it raised, shifting from defining itself as an e-commerce platform into what the group now calls an infrastructure for e-commerce.
Following the diplomatic success of the Paris agreement, we will need an economic success in the years to come. After the time of diplomacy, future advances now depend on firms and researchers. And it will not happen if the economic or legal signs are in conflict with the ambition of the agreement of December 12th.
The Paris Agreement shows the willingness of all nations to combat hand-in-hand the challenges of climate change. However, willingness per se is easily defeated by harsh realities. More than ever, cooperation is needed. But sacrifices will also be asked. How to negotiate them?
Though BlackBerry has less than 1% of the smartphone market share today, it once had more than 50%. The question is how such a successful company could fall so far. Journalists Jacquie McNish and Sean Silcoff provide many of the answers in their book, Losing the Signal: The Untold Story Behind the Extraordinary Rise and Spectacular Fall of BlackBerry. Wharton marketing professor Americus Reed recently had an opportunity to talk with McNish about what we can learn from the rise and fall of BlackBerry.
Since Reform and Opening Up began in 1978, China has witnessed exponential double-digit GDP growth. While the coastal regions provided most of China's GDP growth, central and western China were quickly outpaced, as they lacked both the openness and the infrastructure needed to adopt this model. Coastal-inland inequalities are now closing the gap.
What are the triggers of an innovation project? Though there is extensive literature on innovation management, what exactly drives innovation remains unclear. And yet, it is a fundamental issue, considering that the future of the firm is at stake. Who should imagine this future and take the responsibility of initiating projects? R&D, marketing, prospective teams? There is no single answer. But a full range of business cases illustrate all three models.
"Although today's digital manufacturing machines are still in their infancy, they can already be used to make (almost) anything, anywhere. That changes everything," said Neil Gershenfeld, Director at MIT's Center for Bits and Atoms. Autonomous robotics, 3D printing, cloud computing, Internet of Things and sensor technologies are driving a paradigm shift in manufacturing. The new era of industrial production builds on the concept of cyber-physical systems. Consumers are expected to play an ever greater role in this new model.
"With the growing risks of assets becoming stranded by responses to climate change, it might seem necessary to ask whether not adjusting your investment strategy is wise, let alone affordable." These words were spoken by a person well-versed in economic diplomacy, with an unmistakably British sense of understatement: last September, Prince Charles was making these declarations on climate change in front of the financial community (including Ban Ki Moon, Leonardo DiCaprio, Al Gore...). This issue is the focal point of regular inquiries within the financial community itself. What risks and assets are we talking about? This issue deserves some in-depth explanation, beyond the media aspects.
Clextral is an engineering company located in Firminy near Saint-Etienne, France. It employs 275 people including 80 engineers, sells its machines in 88 countries and has subsidiaries and offices on every continent. What's the secret?
The COP21 provides an opportunity to review the development of carbon capture and storage (CCS). The International Energy Agency expects this technology to contribute to the global effort to reduce CO2 emissions by 15-20%, in line with the Copenhagen target to keep global warming below 2° C by 2100. In its 2014 World Energy Outlook report, the Agency presents a 2° C scenario where, in 2040, global emissions would be reduced from 46 GT, including 21 Gt from the electricity sector (business as usual), to 20 Gt, including 4 Gt from the electricity sector. Combining the use of coal with global climate objectives requires the implementation within the next 25 years of an industry with a size comparable to that of the oil industry. Expectations, hopes and obstacles are briefly presented before we examine the three phases of the complete chain of capture, transport and storage of CO2. Finally, we will offer an outlook regarding the measures that need to be undertaken.
Towers Watson has launched HealthVantage, a health management solution that incorporates wearable devices and online applications to give an organization’s workforce a full health refresh. Using technology effectively can present a big opportunity for employers to build a culture of wellness at their organization. How?
Open community and collective intelligence have become significant phenomena in all fields where organizations and institutions used to play a leading role. In the business field, where socialstructing has manifested its power the most, we‘ve witnessed the emergence and evolution of Linux, Android, and now the open-source hardware driven by the grand IoT revolution. As an open-source electronic prototyping platform and kit board provider, Arduino has from the very beginning tied itself closely with an expansive user community and developer ecosystem, and has been widely accepted as the global leader in this area.
With the Model S, Tesla offers not only “the best car in the world,” but also an object from the Silicon Valley, closer in its architecture to a mobile electronic device than to a car, in the conventional sense. The electronics and system architecture but also the streamlined user experience: everything is designed in a framework where models are smartphones and tablets. The result is a car that draws its attractiveness from its own features, including its mechanical performance, and from the enchanting experience it promises, more than from simply rational, technical and economic features. Electronics and automotive technology, the best of both worlds, and beyond! This performance owes much to the personality of Elon Musk and to the culture of the company, which shares both the qualities and defects of a start-up. Will this culture survive to a change of scale?
The development of renewable energy since the early 2000s should continue and intensify in the coming years, changing significantly the electricity mix of the future while reducing the associated environmental impacts. It is therefore crucial to study the environmental impact of the different production sectors.
Automakers are facing four changes that will altogether change the automotive experience in the few years to come. These four innovations, brought from the consumer electronics industry, include Connectivity, Artificial intelligence, Sensors, and Interface. Each of these four disrupting factors, taken independently, is a powerful wave on its own. When combined, they will redefine the industry.
The evolution of food demand in different regions of the world will be crucial to ensure food security for all, in quantity and composition. But it is also a key driver for the proper management of natural resources, and as such a central element of the energy transition.
What are the main factors that will affect the Research & Innovation Environment in China until 2025? A recently released report, China 2025: Research and Innovation Landscape, identifies 16 factors that could drive various evolution scenarios.
Mathematics and technology are increasingly used in decision-making. The current trend is even to replace human decisions by machine decisions. But in some experiences, technological innovation helps to reinvigorate the most human of all decision process: democracy. This is the purpose of the Democracy 2.1 experiment, launched by the Czech mathematician Karel Janeček: a radical innovation of the voting system, based on mathematical intuitions derived from game theory.