Brilliant Failures: fast lane for Innovation – Presented by Paul Iske, Institute of Brilliant Failures, at the Knowledge Innovation Summit, which takes place on Jun 5, 2018, at Eindhoven University of Technology.
In his presentation, Paul Iske will talk about the importance of innovation in eco-systems. How can new combinations lead to new opportunities? How do we create the right environment for collaboration and innovation? Innovation means exploration and exploitation of new ideas. Some of them might work, some might not. Paul will introduce the Institute of Brilliant Failures to stress the importance of (joint) experiments and the need to accept risk and learn from experiences with projects that didn’t produce the results people were aiming for.
About Paul Iske
Paul Iske is professor at the School of Business and Economics, University Maastricht, Netherlands, focusing on Open Innovation and Business Venturing. Paul founder and CFO (Chief Failure Officer) of the ‘Institute of Brilliant Failures’ (www.brilliantfailures.com), with the mission to highlight the importance of experimentation to achieve paradigm shifts and breakthrough innovation. Paul acts as an independent consultant on Knowledge-conscious Management and supports organizations in the development and implementation of programs focusing on leveraging knowledge as a strategic production factor. Furthermore, he acts as a board-room consultant on issues related to innovation, creativity and entrepreneurship.
About Institute of Brilliant Failures
In the Netherlands we rather share our success stories than our learned lessons. That’s a shame because it impedes innovation. The Institute for Brilliant Failures attempts to challenge society by facilitating and increasing accessibility to learning experience. The foundation aims to promote an environment of entrepreneurship by learning to deal with risks and the evaluation of mistakes. The institute has gained extensive experience in creating more ‘fault tolerance’ and a more healthy innovation climate in complex environments. In order to stimulate reflection and effective application of learned lessons, we offer all kinds of tools and advices. We offer workshops, lectures and customized learning pathways.
The flow of knowledge from institutions, such as universities and colleges, to SMEs stagnates. The practical translation of this knowledge into tools where SMEs can do something is usually lacking. Organizations in the meso level are able to transform new knowledge into an approach that is useful to SMEs.
During this Summit knowledge institutions share new knowledge and insights into (open) innovation (processes) with representatives of industry associations, consultancy agencies and governments. They translate these insights into practical instruments that are useful to small and medium-sized businesses. In addition, knowledge institutions can present their offerings in the field of internships and research, where the participants can match their question.
Representatives of sector organizations, consultancy agencies and governments on the one hand and knowledge institutions on the other. But also anyone who is seriously interested in new knowledge and insights in the field of (open) innovation (processes).