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The Dilemmas of Wonderland: Decisions in the Age of Innovation

Yakov Ben-Haim

Published in print:
2018
Published Online:
October 2018
ISBN:
9780198822233
eISBN:
9780191861246
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198822233.001.0001
Subject:
Business and Management, Innovation, Knowledge Management

Innovations create both opportunities and dilemmas. Innovations provide new and purportedly better opportunities, but—because of their newness—they are often more uncertain and potentially worse than ... More


Introduction

Yakov Ben-Haim

in The Dilemmas of Wonderland: Decisions in the Age of Innovation

Published in print:
2018
Published Online:
October 2018
ISBN:
9780198822233
eISBN:
9780191861246
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198822233.003.0001
Subject:
Business and Management, Innovation, Knowledge Management

Innovations provide new and purportedly better opportunities, but—because of their newness—they are often more uncertain and potentially worse than existing options. To use or not to use a new and ... More


Optimization and Its Limits

Yakov Ben-Haim

in The Dilemmas of Wonderland: Decisions in the Age of Innovation

Published in print:
2018
Published Online:
October 2018
ISBN:
9780198822233
eISBN:
9780191861246
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198822233.003.0004
Subject:
Business and Management, Innovation, Knowledge Management

Innovation dilemmas often result from seeking optimal—that is, minimal or maximal—outcomes. However, uncertainty sometimes makes outcome optimization infeasible or unwise. Human progress originates ... More


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