Collateral Innovation

Posted September 24, 2012 | Leadership |

Innovation has been a key driver of economic growth, at least since the Industrial Revolution, whose beginning is usually assigned the birth date of 1750. The innovation process has been continually enhanced since then, and the protection of intellectual property (IP) is a key element of innovation. Yet there are several alternative ways to consider contributions to this long march forward. In this article, I highlight the importance of "collateral innovation," a mechanism that isn't studied in mainstream publications on innovation.

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