Browsing CategoryDigital and AI Transformation

Explore how digital technologies and AI are transforming the health tech and life sciences industries.

Navigating the Intersection of Corporate Venture Capital and AI Innovation

Reading Time: 3 minutesIn “Navigating the Intersection of Corporate Venture Capital and AI Innovation,” the complexities of corporate VC investments in AI are unraveled, highlighting the strategic balance between generic assets and AI-specific resources. This exploration, published in the Academy of Management Journal, reveals how such investments influence AI innovation productivity and firm profitability. Through detailed analysis, it underscores the importance of targeted capabilities in AI, offering a roadmap for leveraging corporate venture capital for competitive advantage, guided by the strategic foresight and agile action of the Foretell Method.

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The Critical Role of Founders’ Cognitive Abilities in Start-Up Success

Reading Time: 3 minutesIn “The Critical Role of Founders’ Cognitive Abilities in Start-Up Success,” a pivotal study highlights how a founder’s cognitive prowess significantly influences a start-up’s trajectory. Analyzing Swedish male founders, it found that higher cognitive abilities correlate with a 20% increase in venture sales after three years. This effect is magnified in high-tech sectors, underscoring the value of intellectual agility. Moreover, the collective cognitive resources of the founding team also play a crucial role, suggesting that strategic team composition can drive success.

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Embracing Innovation in a World Obsessed with Technology Trends

Reading Time: 2 minutes“Embracing Innovation in a World Obsessed with Technology Trends” explores navigating innovation amidst the fast-paced world of tech trends, particularly AI. It addresses the common trap of technology-driven innovation without strategic focus, emphasizing the importance of aligning tech trends with strategic goals. The post introduces four key innovation drivers—technology and trends, challenge, objective, and asset-driven innovation—and how they interconnect to form a comprehensive innovation strategy. Foretell specializes in foresight-driven innovation, guiding businesses beyond the fear of missing out (FOMO) to strategic clarity and impactful innovation.

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