Innovation

Are startups more vulnerable to innovation imitation?

When entrepreneurs bring an innovation to the market, they can’t always capitalize on its potential. Large corporations stealing inventions from “the little guy” is an overworked Hollywood script for a…

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How do Human Capital and Pro-Market Institutions Shape Ambitious Entrepreneurship in Good and Crisis Times?

Scholars and policymakers have highlighted the positive impact of human capital on entrepreneurial activity. Vast attention has also been directed to the beneficial role of pro-market institutions for entrepreneurship. A…

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General skills training programs benefit firm and worker by strengthening their relationship

Offering general training to workers in flexible arrangements — such as gig or contract workers — may seem as though it has limited benefits to the firm when compared with…

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Announcing The Big Six and Strategic Insights

After extensive engagement with many stakeholders of SMS and incorporating a detailed analysis of key issues identified by top global consulting firms plus consultation with leading global executives and business…

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SMS Toronto Leaf

The Benefits and Challenges of Open Source: Fostering Innovation, Igniting Growth, and the Promise of Equitable Design

This one-day conference extension, hosted by NYU Stern’s Center for the Future of Management, explores “burning questions” about open source, and specifically how it can be used to foster innovation and ignite growth while ensuring equitable outcomes for workers and other stakeholders.

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Blinding Idea Evaluation? New Experiment Reveals Little Bias in the Innovation Process  

Innovation and implementation of new ideas can directly influence organizational outcomes. Thus, organizations often dedicate significant time to the assessment of countless new ideas through myriad idea evaluation systems. However,…

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Focus on Customers, not Competitors, when Responding to First-Movers  

When a competitor adopts a new innovation, others in the market have two ways to respond: They can also adopt the technology to directly compete (imitation) or they can choose…

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