Embracing the glocal paradox of innovation involves the integration of global and local networks for creating and realizing new value. This model is being adopted by governments, institutions, and large organizations to stay globally competitive.
Kodak's downfall due to digital photography is not about failing to recognize a disruptive technology, but about the "innovator's dilemma": the difficulty in evaluating the innovation's true value and creating something new instead of adapting to existing structures.
Learn from Tom Sawyer's approach to innovation, which involves signals about your company's needs, encouraging partners to generate ideas, and licensing solutions before competitors do.
