Tag Archives: Innovation

This short article looks at what innovation is. Like many things, it has a different meaning to different people, businesses and markets. Indeed, the following example definitions demonstrate just how difficult it is to describe innovation. So, what is innovation? Innovation was defined by Joseph Schumpeter, the Austrian economist as: 1. The introduction of a…

There is no doubt that a company which has a visionary, or innovative leader is more likely to fulfil its innovation dreams than one which does not. Furthermore, a leader too concerned with innovation is likely to result in a rudderless company. So what is the ideal situation? Why does it matter? We believe that…