John
Look Past the Technology and See the Business Model
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What Drives the Growth of New Hi-Tech Businesses?
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Do Universities Matter for Innovation?
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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 […]
Be a HedgeFox!
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Ten years ago, Jim Collins published his book “Good to Great” to give exectutives an insight into what seperated leading companies from the mediocre ones. From a researcher’s point of view, the study is deeply flawed and would never get past the desk of a serious business journal. The biggest mistake is that it selects […]
The Thorny Problem of Tax Breaks for R&D
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Innovation is a complex process and I’m always sceptical about simple solutions to encourage companies to be more innovative. Recently I have written about some evidence against the widely-held assumption that creating industry clusters will make firms in these clusters more innovative. It turns out the the relationship between industry clusters and innovation depends a […]
What Does Your Innovation Globe Look Like?
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When I was a boy I used to enjoy visiting my grandparents and one of my favorite objects in their living room was a globe where the countries would light up as different colours when I switched the globe on. After seeing all of these countries I would often go to the trusty Encyclopaedia Brittanica […]
Global Pipelines Not Local Clusters for Innovation
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How can we make businesses more innovative? That’s easy isn’t it? We just group them together into clusters (preferably in science park developments) and it will happen… won’t it? The trouble with this cluster theory of innovation is that it confuses cause and effect. When we see a successful cluster like Silicon Valley it’s tempting […]
Use Innovation to Disrupt Dominant Logic
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One of the ‘quick facts’ that I like to mention in my strategy seminars is that only two of the top 100 US firms in 1900 are still around today. In Australia, the stat isn’t much improved and it points to the extreme difficulty of maintaining the performance of organizations over extended time frames. Of […]
The Biggest Innovation Challenge of All
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Markets are Innovations Too
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How Corporate Crime Starts with Failed Business Models
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Every economic bust launches criminal charges against executives of failed companies. It’s been a few years since the collapse of Lehman Brothers and the onset of the Global Financial Crisis but the court cases in many instances are still ongoing. One of the most notorious cases in Australia was the child-care center empire of ABC […]