Industrial Symbiosis: the path to the circular economy

Have you ever wondered how collaboration between businesses can drive sustainability and economic growth? Various international agreements have been contributing to raising awareness about climate change issues and the pursuit of sustainable solutions. Within this framework, “Industrial Symbiosis” emerges as a powerful strategy that is revolutionizing the way companies operate and thrive. Industrial Symbiosis (IS) … Read more

Business intelligence (BI): Definition, Applications, Tools, and Courses

In the world of modern business, information is power. The ability to collect, analyze, and leverage data has become an invaluable asset for companies of all sizes and industries. Business intelligence (BI) has become a significant focus to ensure the competitiveness of companies, as it enables you to gather, analyze, and leverage data generated across … Read more

Is ChatGPT better than us at generating product ideas?

Researchers from the Wharton School at the University of Pennsylvania conducted an experiment to determine if ChatGPT can generate better product ideas and do so more quickly than Master of Business Administration (MBA) students. Large language models (LLMs), like OpenAI’s GPT series, have demonstrated remarkable capabilities in generating coherent and fluent text across various domains. … Read more

Cobots: The Revolution of Collaborative Robots

Are you intrigued by the term ‘cobots’ or ‘collaborative robots’ and want to delve deeper into this transformative technology? If you’re seeking answers about what ‘cobots’ are and how they are reshaping the industry, you’ve come to the right place. Manufacturing in the era of Industry 4.0 and Industry 5.0 (Duarte et al., 2022) demands … Read more

Social Innovation: Definition, Characteristics, and Examples

In a rapidly evolving world, where social issues demand innovative solutions, the focus on ‘social innovation’ has taken center stage. Social innovation (SI) has always existed; however, today, initiatives are multiplying as they respond to the myriad challenges society faces. In recent years, social innovations have been garnering increasing interest from policymakers, non-governmental organizations, companies, … Read more

Discontinuous Innovation: The Power of Revolutionary Advances

In the dynamic landscape of technological progress and business evolution, innovation stands as the cornerstone of growth and sustainability. While many are familiar with the concept of innovation, have you ever wondered about the extraordinary possibilities that “disruptive innovation” holds? Imagine a realm where conventional paradigms are shattered, giving way to revolutionary advancements that redefine … Read more

Frugal Innovation: Definition, Principles, Characteristics, and Examples

Perhaps as an entrepreneur, you have felt constrained by the lack of resources to innovate, or you may be thinking that this matter of innovation is only for medium and large companies that have resources. I regret to inform you that you are completely mistaken. Today, I’m going to talk to you about frugal innovation, … Read more

How Our Preferences Influence Our Creativity

What drives us to develop new ideas instead of settling for standard methods and processes? What triggers the desire to innovate, even at the risk of sacrificing time, energy, and reputation for a potential failure? While previous studies have demonstrated the positive influence of motivation on creative abilities, it remains unclear how reward and subjective … Read more