Innovation and implementation of new ideas can directly influence organizational outcomes. Thus, organizations often dedicate significant time to the assessment of countless new ideas through myriad idea evaluation systems. However, the evaluation process is often distorted by various biases arising … Continue reading Blinding Idea Evaluation? New Experiment Reveals Little Bias in the Innovation Process  

By Sarah Steimer When a competitor adopts a new innovation, others in the market have two ways to respond: They can also adopt the technology to directly compete (imitation) or they can choose to differentiate themselves by investing elsewhere (differentiation). What … Continue reading Focus on Customers, not Competitors, when Responding to First-Movers