Fast Company recently published a piece describing nine ways through which innovation is encouraged at Google.
GOOGLE REVEALS ITS 9 PRINCIPLES OF INNOVATION.
"Ever wonder what makes the Google the holy grail of productivity and creativity? There's no magic in the drinking water at the Mountain View, CA company. The tech giant draws from what Google's chief social evangelist, Gopi Kallayil, calls the nine core principles of innovation."
And at No. 8:
"8. FAIL WELL
There should be no stigma attached to failure. If you do not fail often, you are not trying hard enough. At Google, once a product fails to reach its potential, it is axed, but the company pulls from the best of the features. "Failure is actually a badge of honor," he [Kallayil] says. "Failure is the way to be innovative and successful. You can fail with pride.""