Entrepreneurial Innovation At Google

Large organizations have enormous innovation potential at their disposal.

However, the innovation actually realized in successful products and services is usually only a small fraction of that potential. The amount and type of innovation a company achieves are directly related to the way it approaches, fosters, selects, and funds innovation efforts.

To maximize innovation and avoid the dilemmas that mature companies face, Google complements the time-proven model of top-down innovation with its own brand of entrepreneurial innovation.

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Replies

  • ISHAN TOPRE
    ISHAN TOPRE
    The innovation is often restricted due to competition and market conditions. Great work AKD ๐Ÿ˜ I want to share a short story which my design master once told me. I hope you all like it. He said:

    If I ask Mr. Rahul Bajaj, " Mr. Bajaj please give me 5 years and I will give you a superb designed Scooter than the existing one."

    What do you think he will say? Well he will say " Young man, let the innovation be at its place, tell me what can you earn for me at this instant. By the time you design a Best and perfect scooter, the market will be captured by Motorcycles"

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