Introduction: Innovation Tournaments Help to Identify Exceptional Opportunities
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- Synopsis
- In the game of innovation, no bet comes with a guarantee--there will always be risk involved. But that doesn't mean you can't become a better player by shifting the odds in your favor. Although some individual innovations can have fantastic returns, simply spending more on innovation overall won't necessarily lead to increased profits. A tool called the "return curve" will help you see the differences between marginal innovation opportunities and exceptional innovation opportunities that drive exceptional value. In this chapter, the authors describe how innovation tournaments--competitions between opportunities designed to eliminate all but the most promising opportunities--can help you shift the return curve in your favor. This chapter was originally published as the introduction to "Innovation Tournaments: Creating and Selecting Exceptional Opportunities."
- Copyright:
- 2009
Book Details
- Book Quality:
- Publisher Quality
- Publisher:
- Harvard Business Publishing
- Date of Addition:
- 08/02/16
- Copyrighted By:
- HBS Press
- Adult content:
- No
- Language:
- English
- Has Image Descriptions:
- No
- Categories:
- Nonfiction, Business and Finance
- Submitted By:
- Bookshare Staff
- Usage Restrictions:
- This is a copyrighted book.