Monday, July 25, 2005

Innovation Transcends R&D

After reading an old article from Harvard Business Review and a special report on Creativity from Business Week the past weekend, I maybe wrong about HP cutting down on R&D in my last blog entry where I alluded to R&D as the main source of a company's innovations. In the grand scheme of things, innovative ideas can be created or sought from other sources both inside and outside the company. Drawing from what I have learned from school, academic business papers, and my own observations and reflections innovations transcend R&D, its no longer just designing products based on new technologies and sell them to customers. There's a new emphasis on creativity and how it can create competitive advantage for companies. I am going to elaborate more on this on my subsequent blog entry...

7/25/2005 1:18:11 PM (Eastern Daylight Time, UTC-04:00) # Comments [0] Business

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