Radical Innovation: Creativity vs Structure

Knowledge at Wharton

Episode Description

đź“‚ Innovation;Management

Brief Summary

Kim Wagner discusses the decline of radical innovation and the importance of collaboration and risk management in corporate innovation.

Key points

  • Decline of Radical Innovation. Radical innovation has decreased significantly, from 21% in 1990 to just 10% today.
  • The Importance of Learning. In breakthrough innovation, learning from failures is crucial for success.
  • Embracing Radical Innovation. Radical innovation should be embraced and managed to foster learning and creativity.

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