In spite of years of effort, no one has been able to prove that increased spending on innovation activities actually increases innovation. For example, R&D spending doesn’t correlate with any financial measure of company success. Neither does the number of patents granted to a company. But these are all measures of inputs to the innovation… Read More How to Measure Innovation
The Supreme Court has recently agreed to hear a case questioning whether a “business process” can be patented. Thousands of patents now cover business processes, including the famous (or infamous) Amazon.com patent on ordering with “one click”. But there’s been a lot of debate about whether a novel process should even be patentable at all.… Read More Can You Patent a Process?
A recent article* in Psychological Science describes a technique you can use to benefit from group genius within your own mind–basically, a way to get two different perspectives from yourself that will make your final decision a better one. Authors Stefan Herzog and Ralph Hertwig call this technique dialectical bootstrapping. It’s based on the discovery… Read More Collaborate with yourself