Governments and foundations used successfully competitions to spur innovation. However, this tool is not widely used by companies. This article provides a framework for managers seeking to organize tournaments for ideas. It examines the theoretical basis of competition, and then connects this analysis of three of the latest innovations, network capabilities, the wisdom of the crowd, and the power of love, which can enhance competition. "Hide
by John Morgan, Richard Wang Source: California Management Review 22 pages. Publication Date: 01 February 2010. Prod. #: CMR448-PDF-ENG
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