Nature Communications (Dec 2017)

Serendipity and strategy in rapid innovation

  • T. M. A. Fink,
  • M. Reeves,
  • R. Palma,
  • R. S. Farr

DOI
https://doi.org/10.1038/s41467-017-02042-w
Journal volume & issue
Vol. 8, no. 1
pp. 1 – 9

Abstract

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Organizations can take different approaches to innovation: they can either follow a strategic process or a serendipitous perspective. Here Fink et al. develop a statistical model to analyse how components combine to obtain a product and thus explain the mechanism behind the two approaches.