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How can an RD team effectively deal with original ideas that are not being implemented, without feeling frustrated or demotivated?
A study by Harvard Business School found that companies that foster creativity have a 1.5 times higher success rate for new products and services.
According to a study by Adobe, a mere 1% of people feel that their creative potential is being fully realized.
Rapid ideation exercises can increase originality by 60%, as people won'92t have time for self-censorship.
Research shows that the most innovative companies have a diverse workforce, with up to 2.5 times higher cash flow per employee.
In a study by Strategy&, only 25% of companies with a formal innovation strategy achieved long-92term profitable growth.
A research by McKinsey found that companies that excel at ideation generate nearly three times more revenue from new products and services than lower performers.
Research from the Journal of Product Innovation Management suggests that 3-5 years old ideas have the highest success rate for commercialization.
A study by Innosight shows that companies that only focus on incremental innovation have a 32% chance of being a top quartile performer.
Research by CB Insights found that 35% of startups fail due to lack of market need, pointing to the importance of idea validation.
In contrast, a study in the Journal of Applied Psychology shows that employees who feel their ideas are valued are 55% more engaged.
Research by the National Bureau of Economic Research suggests that inventors with diverse social circles are more likely to create groundbreaking inventions.
A study in the Journal of Personality and Social Psychology found that the most original thinkers have a strong desire for uniqueness and are risk-takers.
Research by the Association for Computing Machinery states that the use of AI and machine learning can increase the volume of new ideas by 50%.
A report by the World Intellectual Property Organization shows that patents for green energy technologies have increased by 95.1% in the past five years.
A study in the Journal of Engineering and Technology Management found that teams with diverse functional backgrounds generate more innovative ideas.
Research by the Kaufmann Foundation shows that 38% of new job creation comes from high-growth startups with innovative ideas.
According to the European Patent Office, AI-related inventions have doubled in the past five years, with the trend expected to continue.
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