Tag Archives: research

Innovation Doesn’t Matter

One of the greatest myths of our time is if you create something genuinely new, something completely unprecedented, you’ll have a better than average chance of getting rich. So ingrained is this idea that a whole generation of young university graduates have stopped seeking a steady career in the large safe corporations their predecessors held dear, pursuing instead the dream of the startup.

Read More »

Anticipate What’s Next

Look closely at a business with good timing and you will find it is skilled at anticipation. The company muscles seem to act and respond in such a way as to produce maximum impact at just the right moment. This stems from early cues and putting the information to work faster than others can. Anticipation is the action that puts ...

Read More »

Do Universities Matter for Innovation?

I’m probably going to get in trouble for this post because the answer to the title question is yes and no. I am employed by the University of Queensland which prides itself as being the most successful commercializer of research in Australia. However, I have never been convinced by the simple argument that universities matter because they produce groundbreaking research ...

Read More »

Do Tax Breaks for R&D Lead to Innovation?

Innovation is a complex process and I’m always skeptical about simple solutions to encourage companies to be more innovative. Recently I have written about some evidence against the widely-held assumption that creating industry clusters will make firms in these clusters more innovative. It turns out the the relationship between industry clusters and innovation depends a lot more on the type ...

Read More »

R&D – Managing R is Different than D

It seems very obvious, but in daily corporate life it does not always happen: Research should be managed differently than Development. Although it is normal to mention Research & Development together, they are clearly quite different in nature. Sure, in the end they are part of the same innovation funnel, but their objectives and characteristics are very different. Research normally ...

Read More »