The Curse of Innovation

The Curse of Innovation

The article discusses how the patent system has become a burden on the technology sector, with billions of dollars spent on buying patents and legal fees. It also outlines six other curses that inhibit innovation or arise from it. These include the curse of desperation, competition, absurdity, novelty, change, and success. Companies overpay for acquisitions, innovative ideas receive less support than entrenched options, and success can lead to conserving the status quo.

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More Innovation Resources:

5 Industries with the Most Innovative Companies

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Breakthrough Innovation – What Are They, and How Do You Create One?

Breakthrough innovation is an umbrella term for innovations that lead to a dramatic impact, fundamentally changing the dynamics of a given industry or market. Creating one involves identifying the right opportunity, building a key innovation, and scaling it to achieve breakthrough impact.

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The Challenges of Cross Collaboration & How to Solve Them

The Challenges of Cross Collaboration & How to Solve Them

Cross-functional teams are essential for innovation, but 75% of them fail. Here are tips for avoiding common pitfalls, including goal conflicts, insufficient support mechanisms, silo mentality, and inflexibility.

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