Mistakes often lead to serendipitous innovation, with stainless steel and chocolate-chip cookies having their roots in failed inventions and aborted experiments. The key, writes Joseph Artese, is to tolerate failure so people can learn from their mistakes rather than trying to hide them. "Failure is not always a bad thing. In the innovation world it means you are trying to discover and create forward looking products," he writes.

Full Story:
InnoCentive blog

Related Summaries