The 70-20-10 rule is a guideline embraced by large corporations for innovation investments. This article explains what it is, how it can be applied, and the benefits of using it.
We need to radically alter our thinking and redesign innovation to adapt to this new era of unpredictability and volatility.
Innovation is not a guarantee of success. Patents can help protect new ideas, but it may not be enough. Most successful innovators were smart followers who learned from early failures and built a better solution on better technology.
