An organization that operates to achieve a social or environmental mission without a profit motive.
R&D Spending is the amount of money a company spends on research and development in a given period to innovate new products.
Innovation Theory explores how and why new ideas translate into societal, technological, and business advancements.
IDEO: A global design company pioneering in human-centered design, creativity, and innovation consultancy.
Non-profits need innovation just as much as for-profits. Innovative methods, such as S.I.T, can help non-profits break fixedness and open up new approaches.
Empowering employees through digital suggestion boxes can significantly enhance business operations by improving both morale and output.
Employee suggestion programs can drive innovation in organizations, as demonstrated by Amazon, Starbucks, and IBM.
GE's FirstBuild exemplifies a successful business model that incorporates crowdfunded ideas and community rewards to develop and sell innovative home appliances.