entreProf says: Throughout the world, there is enough youthful entrepreneurial energy to build a world that overcomes the challenges that we face. As Schumpeter pointed out, entrepreneurs generate innovations that ‘strike not at the margins of the profits and the outputs of existing firms, but at their foundations and their very lives’. It is about entrepreneurial leadership for ‘transformative innovation’. The demarcation ‘transformative’ describes those changes in the economy, environment, social welfare—indeed entire systems on Earth.[i] See for example Lord of the Rings Innovation.
[i] Anderson, Philip, and Michael L. Tushman. 1990. “Technological Discontinuities and Dominant Designs: A Cyclical Model of Technological Change.” Administrative Science Quarterly, 604–633; https://www.jstor.org/stable/2393511; Schumpeter, Joseph.A. 1942. Capitalism and Socialism and Democracy. New York: Harper Brothers; Tushman, M., & Anderson, P. (1990). Technological discontinuities and dominant designs: A cyclical model of technological change. Administrative Science Quarterly.Sen, A. (2014). Totally radical: From transformative research to transformative innovation. Science & Public Policy (SPP), 41(3), 344–358. Retrieved from https://academic.oup.com/spp/article/41/3/344/1633533
Innovating inside large organizations is not easy. So how do you deliver concrete, tangible impact — over the short-term, medium-term, and long-term? Innovation Leader and KPMG have collaborated to create the go-to resource on corporate innovation, based on detailed survey data and interviews with senior executives at Whirlpool, Boeing, […]