Future of Innovation Main Page

Team Members

Sonal Gilani
Sally Henderson
Eghe Saliu-Lawal
Alexandra Ursu
Jia Rong Wu

Focal Question

• The future of Company Innovation in 2030

Interview Questions

Interview Questions reference page

Research Questions

1. What are the types of innovation?
2. Rosy - What are the major obstacles to innovation in a company
3. Rosy - How do compliances and regulations affect innovation
4. How failure in innovation affect the future of innovation in a company
5. What generates innovation in different industries
6. What are motivations and obstacles of open sourcing/ open innovation (advantage and disadvantage)
7. Close Innovation - advantages and disadvantages
8. What are current business models most successful in fostering innovation
9. What are emerging trends in big companies regarding next generation innovation models
10. Sally - To what extent do countries prioritize innovation in their national agenda
11.Sally - How will the current crises move the innovation trends
12. What trigers the step change in innovation process in companies

Driving Forces

People's mindset
Increasing need for sustainable development
Increasing standard of living
Increasing use of innovation for competitive advantage
Increasing space for creativity to thrive

Scenario Tree

List of possible questions:
Sally-
1. Will emerging markets be the tipping point of geo-economic innovation centres on the globe? (yes/no)
2. Will companies develop the organisational capability to drive effective in-house innovation? (yes/no)
3. In the open source or free innovation world, how is innovation facilitated? (social media/collaborative)
everyone please add-

Web Sources

http://www.mckinseyquarterly.com/Using_knowledge_brokering_to_improve_business_processes_2512
http://www.pwc.com/us/en/view/fall09/fostering-innovation.jhtml
http://www.tourismexcellence.com.au/Fostering-Innovation/Why-Innovate.html