Resolving the Innovation Paradox
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Product Description
While most companies recognize the key significance and importance of innovation, this is frequently overwhelmed by short term objectives and constraints. This is the innovation paradox. The aim of this book is to describe management practices that resolve this paradox by decisively choosing the route of sound business and wealth creation, focussing in particular on the role of the CEO, redefining the firm's innovation perimeter, providing opportunities where entrepreneurial energy can be unleashed to generate innovation-led growth and motivating the main actors in the innovation process. All of these approaches demand that boards and shareholders develop a much more activist perspective in supporting longer-term ventures. Examples are taken from a number of technology and other companies, including Philips, Sony, Hitachi, British Telecom, Aventis, 3M, and Vivendi.
Book Description
Innovation is central to the success of technology companies. The CEOs of these companies must make a priority of ensuring that technical know how is effectively converted into value. The paradox is that they rarely do. Resolving the Innovation Paradox shows how to put innovation for longer-term growth at the centre of the CEO radar. One tool is distributed innovation. Distributed innovation offers companies two main benefits. First, companies raise revenue by using channels such as licensing and selling innovation projects. Second, companies tap into external technical know-how, combining it seamlessly with their internal capabilities to develop 'high impact' products and services. Unconstrained by internal resources, such firms gain in agility. Resolving the Innovation Paradox offers examples from companies such as Generics, Intel, Nokia and Samsung. The book is addressed to all readers interested in managing innovation. Visit the companion website at www.innovationparadox.com.
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Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
Inside This Book
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First Sentence:
"Innovation is central to the wellbeing of societies, as well as to the health and growth of commercial companies." Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
distributed innovation system, innovation paradox, innovation mining, innovation board, commercializing technology, innovation projects, entrepreneurial perspective, external contributors, external technology, corporate venturing, new car model Key Phrases - Capitalized Phrases (CAPs): (learn more)
Silicon Valley, Samsung Electronics, European Union, Intel Capital, United States, Framework Programmes, General Electric, British Telecom, Fuel Cells Inc, Georges Haour, North American New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
"Innovation is central to the wellbeing of societies, as well as to the health and growth of commercial companies." Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
distributed innovation system, innovation paradox, innovation mining, innovation board, commercializing technology, innovation projects, entrepreneurial perspective, external contributors, external technology, corporate venturing, new car model Key Phrases - Capitalized Phrases (CAPs): (learn more)
Silicon Valley, Samsung Electronics, European Union, Intel Capital, United States, Framework Programmes, General Electric, British Telecom, Fuel Cells Inc, Georges Haour, North American New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
Citations (learn more)
This book cites 36
books:
See all 36 books this book cites
- The Act of Creation (Arkana) by Arthur Koestler on page 32, and Back Matter
- Handbook of Technology Management by Gerard H. Gaynor on page 51, and Back Matter
- Theory of Economic Development (Galaxy Books) by Joseph A. Schumpeter on page 12, and Back Matter
- Great Britain (Discovering Cultures) by Sharon Gordon on page 54
- Only the Paranoid Survive by Andrew S. Grove in Back Matter
See all 36 books this book cites
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