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A First National Bank of Innovation? Let’s Consider the Reasons Banks Aren’t Actively Supporting Innovation Now

In the latest Harvard Business Review, Edmund S. Phelps and Leo M. Tilman have a short essay calling for government action to better fund innovation. In “Wanted: A First National Bank of Innovation,” they paint a picture that agrees with what we describe in Conquering Innovation Fatigue, where we review some of the “innovation fatigue” …

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Beware Unintended Innovation Killers from Laws, Regulations, and Corporate Policies

In the game of chess, experienced players know that a move that looks tempting can often open up fatal weaknesses that deliver swift defeat later in the game. With experience, discipline, and solid strategic skills, good players can look several moves ahead and be aware of broad patterns and principles that can give one an …

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Conquering Innovation Fatigue for Those in Corporate R&D

Recently I spoke to a group of engineers, scientists and managers about the challenges of innovation fatigue within corporate R&D. I condensed that presentation down to just 14 minutes and have made it available using Pixetell.com, a nice system for recording a presentation.A short URL for the presentation is http://tinyurl.com/jlpres1. Engineers and scientists are often …

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Not Optimism, But Healthy Paranoia: A Key to Innovation Success

Shortly after I became Corporate Patent Strategist at Kimberly-Clark Corporation in 2001, I had the opportunity to address nearly several hundred people in the innovation community of K-C at a large internal technical conference held at Stone Mountain near Atlanta, Georgia. My theme was “Healthy Paranoia” as the key to success in innovation. I drew …

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Facing Reality: Innovation is a High Risk Activity

The Entrepreneur Daily Dose Blog from Entrepreneur Magazine discusses a new web tool that calculates business success. The Odds of Success Calculator from StartupNation.com takes 8 factors into account that have been correlated with the eventual success of a startup. They note that entering the information for Twitter gives it only a 46% chance of …

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