On the Importance of Time in Innovation
ABSTRACT:
Innovation is executing new ideas to create value.
If you think about that, you can see that time is important – you can’t do all three things instantaneously.
Here are two important ideas:
1. Within an organisation, innovation is the process of idea management.
2. New ideas diffuse along an s-curve.
If we put these two ideas together, we can see how time works in innovation.
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