What Drives the Growth of New Hi-Tech Businesses?

Tim and I are on the road for a few weeks at the moment. I think Tim is in Rome and I am at the Judge Business School at Cambridge University. Judge is a very large business school and is usually placed in the top 10 of any business school ranking. Just for this week, […]

Scarcity as the “Mother of Invention”

Can we decouple growth from consumption of resources? Guest post by: James Bradfield Moody Co-Author, The Sixth Wave: How to Succeed in a Resource-Limited World Over the last 200 years, since the industrial revolution, we have seen economic growth strongly coupled with the consumption of more and more resources.  The more we grew, the more […]

Searching for Unicorns: The Innovation Matrix

Thanks to everyone that has made comments and suggestions on The Innovation Matrix Reloaded. I’ll continue to incorporate your thoughts and ideas as the concept evolves. With that in mind, today I’d like to ask for some help. First, let’s take a look at the Innovation Matrix again – I’ve highlighted the two categories I […]

When Should You Give Up on an Idea?

Braden Kelley posted a great transcript of a talk from Jeff Bezos of Amazon recently on Blogging Innovation. Here is one of the sections that I thought was really interesting: If you invent frequently and are willing to fail, then you never get to that point where you really need to bet the whole company. […]

The Innovation Matrix Reloaded

Since I put the Innovation Matrix together last year, we’ve been experimenting with it to see if it makes sense. I’ve used it in a couple of classes, and John and I have discussed it with a number of people that are actually responsible for innovation within their organisations. We’ve learned that the basic principle […]

Three Signs That Your Business Model is Obsolete

When I was working on yesterday’s post about the business model experiment that Kaiser Chiefs are running, I came across a quote from Paul Morley that bothered me enough to trigger this post. It’s from the discussion of the idea in the Financial Times, and Morley is suggesting that the experiment is a terrible idea. […]

Kaiser Chiefs and New Business Models for Music

I just finished listening to my version of the new album by Kaiser Chiefs, The Future is Medieval, and I have to say that I’m pretty happy with it. You may well ask what makes it my version? The thing that makes it mine is that I picked the 10 songs to go on it, […]

How to Use Networks to Spread Ideas

Here’s a question for you: imagine that you have a package that has to be delivered to someone that you don’t know and you’ve never met that lives across the world from you – let’s say a particular lawyer in Antinanarivo, Madagascar. The only way to get it to them is to pass the package […]

Data Changes Everything

I was talking with a friend tonight over dinner about the PhD that she is starting. One of the suggestions that I made was to get through the literature review and research design phase as quickly as possible. The reason for this is that data changes everything. PhD students share a common problem with inventors […]

Do Universities Matter for Innovation?

I’m probably going to get in trouble for this post because the answer to the title question is yes and no. I am employed by the University of Queensland which prides itself as being the most successful commercializer of research in Australia. However, I have never been convinced by the simple argument that univerisities matter […]

The “1-10-100” Rule for Innovation Experiments

I was talking to one of our PhD students this afternoon about his research design. He was trying to figure out how to structure his network survey to learn about how a firm that we’re working with innovates. He is particularly interested in learning about the role of trust in the evolution of innovation networks. […]

Build Your Business Model Around Creating Value

One of my favourite things to do when I go into the Brisbane CBD is to drop by The Cloakroom to talk about business (and clothes) with Andrew and the guys. In one recent discussion, we talked about retail locations. This was just after they moved into their new space, which is fantastic. One of […]