What is Innovation Resources?

Innovation Resources

Innovation Resources are the assets, talent, and capital designated for developing novel value-creating solutions.

More Innovation Glossaries

Evidence-Based Innovation

Evidence-Based Innovation refers to using empirical data to guide and validate the innovation process.

Idea Development

Idea Development: An iterative process to refine, test, and enhance an idea's viability, feasibility, and desirability for market success.

Ownership

The state or fact of being an owner. The right to own; ownership.

Top Innovation Resources Resources

Defining Innovation Capital

Innovation capital is the sum of all resources and capabilities required for achieving innovation outcomes. Building both stocks and flows is necessary for sustained growth and value creation.

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Designing Your Innovation Portfolio

Designing the ideal innovation portfolio involves a three-step process: identifying the rate of external change, setting growth goals, and designing the selection process.

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Failure Forums: Learning from Best Buy Media Label 'Redline Entertainment'

Best Buy's unsuccessful foray into entertainment media led to the creation of the Redline Whitepaper, which emphasized the importance of sharing innovation results, including failures.

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Innovation maturity model: Here’s what you need to know

Innovation maturity models guide organizations through their growth phase, step by step. They educate on the levels of innovation management and the capabilities needed to succeed.

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