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The Five Characteristics of Successful Innovators

There is not much agreement about what makes an idea innovative, and what makes an innovative idea valuable. For example, discussions on whether the internet is a better invention than the wheel are more likely to reveal personal preferences than logical argumentation. Likewise, experts disagree on the type and level of innovation that is most beneficial for organizations. Somestudiessuggest that radical innovation (which does sound sexy) confers sustainable competitive advantages, butothersshow that “mild” innovation – think iPhone 5 rather than the original iPhone – is generally more effective, not least because it reduces market uncertainty. There is also inconclusive evidence on whether we should pay attention to consumers’ views, with somestudiesshowing that a customer focus is detrimental for innovation because it equates to playing catch-up, butothersarguing for it. Even Henry Ford’s famous quote on the subject – “if I had asked people what they wanted, they would have said fast…

The Nobel Prize in Chemistry 2015

The Royal Swedish Academy of Sciences has decided to award the Nobel Prize in Chemistry for 2015 to
Tomas Lindahl
Francis Crick Institute and Clare Hall Laboratory, Hertfordshire, UK

Paul Modrich
Howard Hughes Medical Institute and Duke University School of Medicine, Durham, NC, USA

and
Aziz Sancar
University of North Carolina, Chapel Hill, NC, USA

“for mechanistic studies of DNA repair"

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