links for 2008-06-10

• Google's Schmidt: More US innovation needed | InfoWorld | News | 2008-06-09 | By Grant Gross, IDG News Service
  I'm ok w/this "urged audience members to embrace competition and open systems. Control and exclusivity in business settings will be replaced by speed and innovation; his call for early info sharing "hang it all out, compete where you can" is self-serving
  (tags: google innovation information_sharing)
• A New Approach to Innovation Investment - Harvard Business Online's Conversation Starter
  IT innovation is starting to be funded in this VC like manner: "think of ventures or innovations as real options. A real option is a toehold investment that buys you the right, but not the obligation, to make a subsequent investment when you know more."
  (tags: innovation business finance IT)
• What if the high price of oil is a blessing?
  "Consider the ways that high fuel and energy prices could benefit your organization..maybe $4.00 gasoline leads your company to institute saner telecommuting practices, which leads to lower operating costs, better morale, and higher productivity."
  (tags: telecommuting business sustainability)