Innovation in the News http://www.innovationtools.com/news/news.asp Innovation in the News summarizes the latest business news stories about innovation and creativity, and provides you with convenient links to the full stories elsewhere on the Web. en-us How to Identify World-Changing Innovation http://www.innovationtools.com/news/news-detail.asp?NewsID=5367 Wired Magazine (April 2012) - Wired Magazine outlines seven principles it uses to identify emerging trends and potentially world-changing innovations. 'Artificial leaf' exemplifies the potential of biomimicry http://www.innovationtools.com/news/news-detail.asp?NewsID=5368 Appleton Post-Crescent (May 10, 2012) - Scientists are making some amazing progress in mimicking part of the process of natural photosynthesis. Call it an 'artificial leaf,' if you will. It's a perfect example of the ways in which nature is inspiring new technological breakthroughs. 5 factors that drive the need for more innovation http://www.innovationtools.com/news/news-detail.asp?NewsID=5369 Innovate on Purpose (May 11, 2012) - There are many forces at work that will drive the need for more innovation. Here are five that may be affecting your organization. InnovationManagement.se to hold 'Making Innovation Pay' webinar on May 31 http://www.innovationtools.com/news/news-detail.asp?NewsID=5371 InnovationManagment.se (May 14, 2012) - On May 31st, 3pm CET IM Channel One will host an Expert Panel Discussion on making innovation pay, providing you with new methods to increase the rate of innovation, reduce individual level costs per innovation and encourage fail fast methods. This session is all about unusual ways that organizations have managed to drive innovation execution to make returns on their innovation investments and the key learnings that can be applied and replicated in your organization. Apple's Biggest Innovation: The Swipe? http://www.innovationtools.com/news/news-detail.asp?NewsID=5363 Forbes (May 14, 2012) - Years from now, will we look back and realize that Apple's biggest innovation was not a device, but rather a physical gesture? The right-to-left swiping motion used with Apple devices to sort through photos or to navigate certain apps is quickly altering how we seek and absorb information. The 6 curses of innovation http://www.innovationtools.com/news/news-detail.asp?NewsID=5364 Innovation in Practice (May 14, 2012) - The Financial Times featured an article last week calling the patent system the curse of innovation. Patents have become weapons of mass destruction in certain industries, most recently in the smartphone category. This "colossal squander" is spreading to stable industries like food, autos, and mining. All face dramatic increases in patent lawsuits. The patent system is not the only curse associated with innovation. Here are six curses, some that inhibit innovation and some that stem from innovation. Selling the idea behind the product http://www.innovationtools.com/news/news-detail.asp?NewsID=5365 The Heart of Innovation (May 13, 2012) - The bottom line for salespeople, is this: focusing on the stuff you are selling is secondary. It's a waste of time because buyers are mainly paying money for the idea of what can be achieved or experienced once they possess the thing they are buying. 'Calls for ideas' is modern equivalent of traditional idea books http://www.innovationtools.com/news/news-detail.asp?NewsID=5366 Forbes (May 12, 2012) - Books of ideas are curated collections of cool design ideas for architecture, fashion and other areas where design looms large, and they have been around in one form or another for many years, according to Haydn Shaughnessy. Their modern equivalent is the 'call for ideas.' Author suggests 'sidestep and twist' strategy leads to successful product innovations http://www.innovationtools.com/news/news-detail.asp?NewsID=5359 The Nassau Guardian (May 9, 2012) - Have you ever considered why some products are successful, or why certain companies seem to be able to launch winning ideas on a regular basis? In his new book, Sidestep and Twist, author James Gardner suggests that such performance is the result of firms adopting a 'sidestep and twist' strategy, moving a product into an adjacent market and then adding a market-specific adjustment, or twist. How Google is driving social innovation and investment http://www.innovationtools.com/news/news-detail.asp?NewsID=5360 Opinno.com (May 9, 2012) - Google mixes social innovation and business. Its mission is to organize the world's information so that it may be useful and universally accessible. Google co-promotes the creation of open cooperation protocols for the design and production of web services. The company defines and defends policies of social responsibility, explains Jesus Perdomo Ortiz. Thinking Laterally In A Linear World: Why More Education Isn't Important http://www.innovationtools.com/news/news-detail.asp?NewsID=5361 Creativity Post (May 10, 2012) - Competition makes us better. But thinking about the world as a contest might be a bane on creativity. How to Make Your Big Idea Really Happen http://www.innovationtools.com/news/news-detail.asp?NewsID=5362 HBR Blogs (May 9, 2012) - Certain firms are harnessing the power of business ecosystems to shape entire industries or markets. As it turns out, individuals can apply several lessons from shaping strategies when trying to turn a grand idea into a reality. PARC Announces Innovation Council to Share Best Practices Among Clients http://www.innovationtools.com/news/news-detail.asp?NewsID=5354 MarketWatch (May 7, 2012) - PARC, a Xerox company, launched its first Innovation Council with the goal of building a community of clients to discuss open innovation and share best practices. The council includes 16 executives from 11 companies and six countries, spanning multinational organizations to startups. Six-fold return for economy on university innovation funding, says UK study http://www.innovationtools.com/news/news-detail.asp?NewsID=5355 University World News (May 6, 2012) - Every pound invested in higher education innovation funding adds at least 6 pounds (US$9.70) in knowledge exchange income to the economy, according to a new report sponsored by the Higher Education Funding Council for England, or HEFCE, and launched on 30 April. Want to innovate? Develop top leaders, says new study http://www.innovationtools.com/news/news-detail.asp?NewsID=5356 CBSnews.com (May 4, 2012) - If you want to make your company more innovative, focus on developing better leaders. That is a key finding of a new study by the Hay Group, a talent management consulting firm, that identified the best-managed U.S. companies for 2011.