Management-Business Science

Enhancing the Effectiveness of Team Science

Most problems that contemporary society faces require experts from more than one discipline to explore them through research. Traditional fields of knowledge have become so subspecialized that teams, not individuals, are now the units to advance knowledge. Yet institutions and individuals are usually poorly equipped and organized to address these challenges. They often still exist in a dated mindset where different spheres of knowledge exist in hierarchies, not collaborative networks. The National Academies in the…

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Economics Management-Business

The Innovator’s Hypothesis: How Cheap Experiments are Worth More than Good Ideas

Empiricism and the scientific method have had some positive impact on the practice of business. Most people recognize the market as a great external object of study, yet scientific impact on innovation is usually limited and relegated to the domain of hunches by analytic experts. For their part, business schools tend to crank out expert planners and analysts, but do not expressly delve into experimentation. Schrage thinks that is a mistake and writes this book…

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