What redeployment of resources and mindset shifts can spark global innovation?
Exclusive video: Vijay Govindarajan on GE and the Paradox of Reverse Innovation
Can Prizes Spur Innovation?
“…incentive prizes can spur innovation in cost-effective ways…Another feature of well-designed incentive prizes is that they can attract enough investment and invention to create entirely new industries.”
For a great history of the innovation prize and where it stands today, read the entire guest blog by Vijay V. Vaitheeswaran here on Freakonomics.
For more on this book about the new rules of innovation, check out this audio interview with Vaitheeswaran on The Economist.
Innovation in Emerging Markets by Scott Anthony (pictured) just up on HBR blogs