Rethinking Innovation Speed: Innovating with Speed and Scale

Abstract

In an era marked by formidable global challenges,innovating with speed and scale is imperative;otherwise, innovations may fall short of their potential.The literature on innovation speed often focuses on speed to market and neglects the crucial importance of scaling innovations quickly and globally to achieve significant societal impact. To bridge this gap, we expand the conceptual model of innovation speed by incorporating aspects of innovation scaling. We identify potential tensions between speed and scale and propose a revised definition of innovation speed. Finally, we have outlined some promising avenues to initiate this important research trajectory.