Collaboration accounts for more than 70% of innovation

The formula for success is not what you think it is!

February 11th – you know what that means! No? Well, it’s National Inventors’ Day, and we should all celebrate!

Without our inventors, where might we be? Humanity’s inventiveness is what sets us apart from every other species on this planet, and it’s through our inventions that we can see our own progress as a species. We’ve come a long way since the invention of the wheel, and that’s worth celebrating.

Whilst invention is obviously important, did you know that collaboration is 3 times more important than invention?

Infographic - Innovation & the Public Sector

Here are two examples from very different industries.

  1. Recent research from Denmark shows that across over 2,000 teams, invention was 18% of innovation whilst collaboration was 74%. (See infographic from Danish Research Institute.)
  2. The iPhone is one of the world greatest innovations and one of the greatest examples of collaboration. Apple collaborated with over 10 research organisations to build the first iPhone (Mazzucato (2013) and The Breakthrough Institute: Where Good Technologies Come From? 2011.)

What sets these two examples apart from just invention is TEAMS, teams for collaboration and success.

Share the secrets of successful teams; learn how to lead a successful team at Innovation2019.

February 11 was Thomas Edison’s birthday. Edison was famous for both his inventions and his team at Menlo Park.

February 11 was also my birthday. I’ve been researching innovation and collaboration for over 16 years at Hargraves Institute. As a community, our members are our team, working together (collaborating) to achieve future success through ‘inspiring innovation and collaboration.’

Thank you to the hundreds of organisations and thousands of friends who have helped our efforts in identifying the secrets of innovation, collaboration and successful teams.

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