Bring innovation into the boardroom

02/23/2010 | Strategy+Business magazine (free registration)

Innovation isn't only for lab workers, says Erik Brynjolfsson, a professor in the Massachusetts Institute of Technology's Sloan School of Management. It's by bringing creative approaches to leadership and decision-making that businesses will really get ahead in years to come, Brynjolfsson says. "The science of management and economics lags way behind physical engineering, and we should be focusing more of our innovation resources on the former," he argues. "That's where the real payoffs will be in the coming decade."

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