Conclusion: Concrete Steps for Putting It All Together

In chapter 1, we introduced innovation capital by examining the lives of Thomas Edison and Nikola Tesla, two extraordinary inventors who experienced very different outcomes with regard to commercializing innovations with impact. Their example illustrates the differences between a great inventor and a great innovator. Innovative leaders need some creative chops like those of inventors, but they also need the ability to win resources and support for their ideas by building and utilizing innovation capital. In this conclusion, we provide some advice on how to get started right away building your innovation capital. Before we do, however, we acknowledge the importance of not just innovation capital, ...

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