Peter Drucker's book "Innovation and Entrepreneurship" from the 1980s is still relevant today in highlighting the importance of innovation as a management tool and providing practical approaches to it.
Innovation is often seen as an act of faith rather than an investment due to the lack of effective metrics to measure it. However, measuring innovation is key for the survival and growth of any business. This article explores the concept of Innovation Value and provides some examples of more sophisticated measurement models for innovation.
Discover and Jam are two distinct ways to do open innovation. Discover is about creating competitive marketplaces, while Jam is about collaborative communities.
