Innovation Accounting blog

An executive summary of The Innovation Accounting book

An executive summary of the Innovation Accounting Book, Winner of the Golden Axiom Business Book Award 2022 for Business intelligence and Innovation. Definition of Innovation Accounting: “an organized system of principles and indicators designed to gather, classify, analyze and report data about a company’s breakthrough and disruptive innovation efforts –

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In Defense of Facebook

Facebook’s shares are dropping. Does that mean they are done for? Recently Facebook’s shares have dropped significantly. They registered the biggest single-day loss of any listed company in the history of the New York Stock Exchange. Apart from EU regulation issues, the loss seems to be primarily due to losing users on

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Measuring Open Innovation: measuring joint ventures

In previous articles we identified 4 types of open innovation practices incumbents can engage in and we looked at how two of the four can be measured. Specifically how can free and paid pilots be measured, how can acquisitions (M&A) be measured and how venturing (corporate venture capital investments) can

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Measuring Open Innovation: measuring M&A

In a previous article we identified 4 types of open innovation practices incumbents can engage in and we looked at how one of the four can be measured. Specifically how can free and paid pilots be measured. Now let’s turn our attention to a second type of open innovation activity:

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Measuring Open Innovation: measuring free and paid pilots

Make no mistake, open innovation engagements are not single-sided deals; they have to work for both partners if they are to be effective. It is vital therefore that chief executive officers of both the corporate and the start-up share common strategic goals of delivering innovation whilst at the same time

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