The next billion dollar idea has been saved
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The next billion dollar idea
Big things have small beginnings
The world as we know it is changing. The pace of technological advancement has been unprecedented. Its disruptive potential is further amplified by changing consumer behaviour and an abundance of capital ready to fund innovative ideas. This report explores how you will need to be an active participant in the innovation ecosystem and harness external and internally generated innovation to stay ahead.
Key points
- How technology impacts innovation
The sustained drop in cost and increase in performance of key technologies has shifted the balance in favour of the innovator
- The proliferation of technology
The widespread adoption of technology allows innovators to unlock the full potential of a connected world
- Venture and funding
Venture capital, crowd funding and resurgent corporate venturing means more innovative ideas have resources behind them
- How corporate sector can unlock the next billion dollar idea
The corporate sector needs to be an active participant in the innovation ecosystem and harness external and internally generated innovation
- Innovation is only part of the equation
While bright ideas require moments of inspiration, innovation requires sustained rigour and discipline.