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understanding innovation

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Category: business & economics

How to cultivate innovation? – Part 2

Businesses, and the economy in general, are embedded in society; they are society's means to organise the exchange of goods and services. Innovation on the other hand always fulfils a purpose, thus creating value for society. Time to look at the institutions through which societies cultivate innovation.

Ulf Ehlert business & economics, innovation, science & technology, society & politics Leave a comment 10 Dec 201312 May 2023 3 Minutes

How to cultivate innovation? – Part 1

Cultivating innovation is what every business leader must achieve to stay in business for more than just one product cycle. However, innovation is more than business, and the existing writing often misses that essential part of reality: the fact that business is embedded in society. TIme to look at this societal context of innovation.

Ulf Ehlert business & economics, innovation, society & politics 5 Comments 05 Dec 201312 May 2023 4 Minutes

Expectations and realities – Part 2

In the previous post it became pretty obvious that there is a significant mismatch between the facts about innovation and what we think them to be. Today I'll try to cast some light on the underlying reasons for that discrepancy.

Ulf Ehlert business & economics, innovation, science & technology, society & politics Leave a comment 01 Nov 201311 May 2023 4 Minutes

Expectations and realities – Part 1

One of the biggest quandaries in innovation is the discrepancy between our hopes and desires on one side and the real outcomes on the other. Often the result does not match the expectations. What’s the reason for that?

Ulf Ehlert business & economics, innovation, science & technology, society & politics Leave a comment 31 Oct 201311 May 2023 3 Minutes

On leadership

Innovation is an investment. Considerable resources are put aside, often for a long time, in hopes of some dividend at a later stage. This entails risk, and that requires leadership to deal with.

Ulf Ehlert business & economics, innovation, science & technology, society & politics 2 Comments 19 Oct 201311 May 2023 4 Minutes

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