by Jacques Schmitt | Feb 14, 2017 | INNOVATION
In the previous articles of this series, we wrote about Internal Knowledge, Time Horizon, Frontier Sciences, Academic Knowledge, Learning and Experience, and Parallel Worlds. Here we deal with Risk Management. Innovation as a risky venture Innovation is the process...
by Jacques Schmitt | Jan 4, 2017 | INNOVATION
“Fail often, but fail fast and cheap” is a well known mantra, often repeated by innovation gurus. However this piece of wisdom is not so easily understood by enthusiastic would-be inventors and innovators. This text attempts to illustrate this somewhat puzzling...