Here's Why Huge Companies With Tons Of Cash Are Terrible Innovators
Why didn't Blockbuster create Netflix? Why didn't record companies create iTunes or Spotify, Crate and Barrel create One Kings Lane, or Sephora start Birchbox? Huge businesses have the money, brand...
View ArticleProfit And PR Are The Real Enemies Of Innovation
For more than a decade, we have been told that the pharmaceutical industry faces a crisis: it finds it more and more difficult to develop new drugs. The returns on research and development, company...
View ArticleMicrosoft Employees Get Inspired At Bill Gates' Old Office (MSFT)
There's a place where Microsoft employees go when they want to tinker: the Microsoft Garage. The Garage is a physical counterpart to Google's 20% free-time idea, although employees often go there...
View ArticleMicrosoft Employees Have Science Fairs Where The Prize Is Pretty Hot (MSFT)
When was the last time you participated in a science fair? Microsoft employees hold science fairs about twice a year. It's good old-fashioned fun, but it's also serious career-building business....
View ArticleHere's What It Takes To Succeed As An Entrepreneur In China
Recently, I wrote a post expressing irritation with those who seem to think that only people from “advanced economies” (the ones in serious financial trouble right now) are capable of innovation. Such...
View ArticleLaser-Guided Bullets Will Change The Future Of Warfare
Guided missiles aren't new, but they've never looked like this before. Sandia National Laboratories has developed a laser-guided bullet that can correct its own course after being fired. How is that...
View ArticleThis Secret Lab Is Developing Nuclear Weapons For The US Military
Sandia National Laboratories is behind so many of the country's critical national defense programs, it's a wonder that most people haven't heard of it. After the end of the Second World War, J....
View ArticleBCG Report: Why Google, Target And Other Top Companies Will Never Collapse
Our global economy has jumped from crisis to crisis, making it difficult for even the most powerful companies to turn a profit. In order to survive, CEOs have had to completely re-evaluate their...
View ArticleHarvard Professor Tells Us The Full Implications Of Edible Food Packaging
A major global company like Coca-Cola sells more than 1.5 billion cans of coke every day. Americans throw away 2.5 million plastic bottles every hour. In 2010, 14 million tons of plastic containers...
View ArticleAmerica's Economy Has Split Into Two Different Worlds, And One's About To Die...
When it comes to getting a job, the USA has bifurcated into two employment worlds, the digital world and the brick and mortar world. The brick and mortar world is everything you physically touch. It's...
View ArticleThis Space-Aged Edible Packaging Eliminates The Need For Plastic
If you look at the structure of an orange or a coconut, you generally have a skin that maintains moisture and an outer coat that protects that skin. In the case of a coconut, it's the shell; with an...
View ArticleFaltering Innovation Means The Last Days Of American Prosperity Are Behind Us
Are the days of economic prosperity in America behind us? They could be, according to economics professor Robert Gordon of Northwestern University. He argues in a new working paper Is U.S. Economic...
View ArticleHere's How Ford's Inflatable Seatbelt Works
Every car is mandated to have seat belts and airbags to ensure safety for each passenger on the road, but Ford created the next step in seat belt technology when they installed an inflatable seat belt...
View ArticleThe Inflatable Seat Belt Will Save The Lives Of Backseat Passengers In Crashes
Inflatable seat belts have been around for a few years but they're just starting to gain international traction now—and soon they may be a common feature in almost all new cars. The groundbreaking...
View ArticleYammer's David Sacks: The Internet Is STILL Over (MSFT)
Yammer CEO David Sacks ruffled a lot of feathers in the tech industry when he wrote on his Facebook page that Silicon Valley as we know it may be coming to an end. Today he dug in and explained his...
View ArticleYour Smartphone Is Going To Replace Your Car
Google Ventures partner Joe Kraus just made a bold prediction. "In five to 10 years, your smartphone will replace your car," he says. This isn't so much about new tech like driverless cars—which...
View ArticleHBS Professor Says Companies Need To Change How They Innovate
For many years the common approach to innovation has been large and well-funded R&D programs. In his new book "The Architecture Of Innovation," Harvard Business School Professor Josh Lerner says...
View ArticleThere's A Crucial Difference Between Ideas and Opportunities
Ideas are a dime a dozen. Opportunities are much more important. An opportunity is an idea that’s passed the test of planning. It has potential. You can implement it. An opportunity has some of the...
View ArticleAirbus Is Forcing Boeing Into Its Most Important Decision Yet
The 777 is incredibly important to Boeing. It has no real rival, and delivers an estimated $1.2 billion in revenue per month. Airbus is working on a competing jet, and according to the Wall Street...
View ArticleZappos CEO Tony Hsieh Explains Why The Word 'Leader' Makes Him Cringe
As Zappos CEO Tony Hsieh invests $350 million of his own money to change downtown Las Vegas, he's relying on others to carry out his vision. This is a huge challenge, especially since it's a run-down...
View Article