Short-term Innovation Is Better than None at all

Now is the time for companies to focus on innovation that can be commercialized quickly, argues this post, Why short-term innovation can be a good thing.

The author cites four reasons why:

1. Companies clean up the portfolio and get rid of "living-dead" projects that only survived in times with plenty of resources.
2. Companies are forced to develop better processes and set sharper deadlines which can make innovation more efficient in the long run.
3. Companies pay more attention to external partners as a way to get extra funds for innovation. This speeds up the move towards open innovation which I believe will become a very effective type of innovation in the years to come.
4. Larger companies can acquire innovation cheaper as the price of promising smaller companies drops.

This post is too broad and too short to work well. What is short-term innovation? Point four, for instance, suggests acquisitions. It might be a brilliant long-term play to buy a small company with a good idea right now.

I think the aim is saying that now is the time to focus all available people on bringing things to market as quickly as possible. If that's so, then the question is, do the pros of focusing on the short-term outweigh the cons?