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A Behavioral Economics Perspective Amazon, Facebook, and Google (AFG) and other social networks are collecting information on us to increase the value of the advertisements and products they sell. Some worry in a vague way about how this is reducing our personal privacy. Others increasingly worry that our personal information is being used to manipulate us and to control the flow of information across society. In a previous post,.. Read More
Focus on Value Creation Summary: Today’s innovative performance is generally poor, but it can be greatly improved. Entrepreneurship is the driving force of an innovative economy, but most professionals are value creators, not entrepreneurs. The initial stages of value creation are where much of the failure resides. More effort must be placed on the core concepts and processes of effective value creation, which is the precursor to all major innovations. .. Read More
Cafe Barrone Everywhere I go around the world, people ask me to “explain” the magic of the Valley. You probably know the elements: great universities, billions of dollars of smart money, a comprehensive industrial cluster, a culture of achievement, abundant support facilities, a magnet for smart and diverse professionals, numerous mentors and domain experts, a global perspective, terrific food and other amenities, and great weather and stunning scenery. At the.. Read More
Value Creation Best Practices The premier R&D and value creation programs at the U.S. National Science Foundation (NSF) are Engineering Research Centers. These are initiatives where multidisciplinary teams address grand challenge opportunities with $50M of funding over ten years. The centers are formed from leading U.S. universities and commercial partners. The goals of the initiatives are: 1) paradigm-shifting research, 2) training of students in team science and value creation, and 2).. Read More
The WPI Plan Executive summary: Technical graduates must be accomplished value creators to thrive over their careers. Worcester Polytechnic Institute (WPI) has pioneered the experiential education needed for success in the global innovation economy. In 2016 the WSJ selected WPI as the top U.S. school for combining teaching and research.