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Innovation: Deep versus Shallow Technology
Technology innovation at enterprise companies comes in two varieties: “deep tech” and “shallow tech”. Companies doing “deep tech” are adopting advanced new technologies like AI and robotics, while companies doing “shallow tech” are much more risk-averse and approach technology innovation…
Security: Does Piracy Spur Innovation?
‘Piracy Shock’. That’s the aftereffect that businesses go through following the loss of intellectual property (IP). Devastated by their loss, the reaction is to increase security and core business investment. Piracy actually acts as a boost to innovation, according to…
Innovators: Better Than Inventors?
The words innovation and invention are technically synonyms of each other, but the two have actually quite distinct meanings. Invention corresponds to the creation of something new which in itself doesn’t necessarily have intrinsic value. Innovation is the adding of…
AI and New Product Search: Accelerator for Innovation
In many fields product innovation has historically been one of trial and error. The classic example is Thomas Edison spending 1200 hours testing a range of filaments before finding the right one that could be used to charge an incandescent…
Intangible Investment: Predictor of a Business’s Growth and Productivity
Standard measurement tools for productivity and rturn on investment are often based on parameters that can be easily quantified for measurement. The health of a country is normally measured by factors like GDP. But GDP doesn’t take into account and…