Thomas A. Edison

Hell, there are no rules here–we’re trying to accomplish something.

Organizing for Innovation in Large Firms: Resource Allocation Mechanisms for R&D in Large Firms

This 23-page .pdf paper investigates how a firm can best be organized to facilitate innovation, specifically concentrating on the design of R&D resource allocation systems and the use of external technology sources. The study’s key findings are that increased use of external sources of technology results in increased efficiency but decreased effectiveness and that no strong relationship was found between the use of internal … [ Read more ]

5 Best & Worst Innovations of Last Century

press release discusses survey of Vanderbilt’s B-school faculty and MBA students ranking 5 best and worst innovations of the last century