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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...

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Profit 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...

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Microsoft 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...

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Microsoft 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....

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Here'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...

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Laser-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...

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This 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....

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BCG 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...

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Harvard 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...

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America'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...

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This 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...

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Faltering 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...

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Here'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...

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The 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...

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Yammer'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...

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Your 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...

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HBS 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...

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There'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...

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Airbus 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...

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Zappos 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...

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