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The Innovation Game: A New Approach to Innovation Management and R&D
 
 
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The Innovation Game: A New Approach to Innovation Management and R&D [Hardcover]

Armelle Corre (Author), Gerald Mischke (Author)

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Book Description

0387237941 978-0387237947 December 1, 2004 1
Provides first time integrated approach to R and D-project, -pipeline and -department management from a micro-, meso- and macroscopic view. Derives 21 easy and ready to apply rules for a better design and a superior control of R and D without losinf sight of high scientific standards.

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Editorial Reviews

From the Back Cover

RandD is the single most important investment for any company or any society. Its ultimate product is an innovation. Innovations are on the other side the major propeller for the respective (socio-) economic development of the very company or society. Management and management science mainly treat RandD and innovations as costs or budgets to be managed, an approach that is in stark contrast to their overwhelming importance. This and the very fact that RandD and innovation success is a by necessity a-priori unknown and thus uncertain ex-post definition is not at all being respected properly up to now. In The Innovation Game La Corre and Mishchke consider RandD and innovation as an inherently risky investment which should be profitable, at least on average. Applying a statistical filter model, the authors are able to describe the RandD- and the innovation-process in great detail, almost like a production process. As a metaphor, the book tries to describe it like the control laws of the "distillery for inno-success knowledge". The corresponding control model and the derived inno-management rules do allow the authors to compute and optimize the respective success-chances, the appropriate processes and the suited organizational structures of a targeted "inno-success distillery", the innovation-/RandD-pipeline, in an unprecedented way.

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Inside This Book (learn more)
First Sentence:
Before being able to set up theories and models on innovation, the terms used and their respective semantics just have to be made quite clear. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
fundamental inequation, quality gate system, pharma example, credibility cred, innovation pipe, safe operation area, mesoscopic view, magic quadrangle, system design rule, topical control, envisaged product, filter paradigm, value creation chain, innovation accounting, intermediate summary, pharma industry, innovation chain, quality gates, most basic steps, proof tree, daughter nodes, innovation management, optimization rules, filter process, search node
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