In fact, not only are we seeing diminished investment and growing concentration in innovation spending, but it also appears that this is accompanied by the absence of marked improvement in the art of innovation itself.

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As a result, he presently is a Professor at IMD, in Lausanne, Switzerland, where among other interests he specializes in the art and practice of successful innovation, and the effective expression of talent.

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Dr. John Kao is founder and chairman of the Institute for Large-Scale Innovation, a former Harvard Business School professor and author of the bestselling books Jamming: The Art and Discipline of Business Creativity and Innovation Nation.

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The goal is to create a community of like-minded entrepreneurs who dig the Summit ethos of innovation, art and social impact with some hard partying mixed in.

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The title of his first exhibition devoted to this material, "Statuary in Wood by African Savages: The Root of Modern Art" (1914) captures both the innovation and the contradictions of this debut.

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It is equipped with state-of-the-art computational infrastructure to pursue its innovation agenda.

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Obama, who mastered the art of Internet fund-raising during the presidential campaign, has said technology and innovation are priority issues for his administration.

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To a third set, the type of people who may frequent the website I call home, wristwatches are a veritable cocktail of heritage, innovation, craftsmanship and art.

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This wastes financial resources and retards innovation and efficiency that would naturally come with new, state-of-the-art refinery construction.

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