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innovation

How Innovations Arise

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  Could it be true that innovations are not random but actually predictable? That’s what a new mathematical study earlier this year by Vittorio Loreto and co. at the University of Rome concluded. Their research demonstrated that innovations can be modeled between the actual and the possible. + Mathematical Model […]

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BMi: The 4th Industrial Revolution

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  World Economic Forum ‘We are now in the early stages of the Fourth Industrial Revolution which is bringing together digital, physical and biological systems.”   The world is about to go through the greatest transformation in its history. The Digital Economy According to a recent report by Accenture, ‘the […]

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BMi: What Analysts Get Wrong About Innovation

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  This BMi post was inspired by a recent post on the Wealthfront blog titled ‘What Analysts Get Wrong About Innovation:” “In my experience, industry observers consistently make the same mistake. They evaluate innovations based on their magnitude of adoption, rather than their rate of adoption.” Many Analysts are focused on the […]

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Business Model Innovation (BMi) and the #NewEraBiz

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Business Model Innovation (BMi) has been a persistent topic on the Lumos blog since the beginning. BMi is about developing new ways to bring existing product and services to existing markets. One of the key advantages of BMi is that most of the innovation happens beneath the surface, making it both difficult to understand and replicate. In […]

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