Innovation management overview
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A brief introduction to Innovation Management. The importance of learning about managing successful innovations.
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1. open innov framing
This document discusses open innovation and the need for innovation in enterprises. It defines open innovation as integrated collaboration and co-creation of shared value through cultivated innovation ecosystems and rapid adoption of exponential technologies. The document outlines three steps to innovation: digital transformation towards digital enterprises, knowledge transformation towards knowledge enterprises, and meta-innovation transformation towards open innovation ecosystems. It emphasizes that innovation requires cultural shifts and new forms of organization, management, and working styles with a focus on people and communities.
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This document discusses open innovation in organizations. It argues that innovation requires tight integration between digital actors, human actors, and multiple disciplines. Open innovation follows a quadruple helix model involving collaboration between business, government, academia, and the public. An open innovation ecosystem facilitates knowledge exchange between humans and computers. New management styles are needed to coordinate knowledge across industries and overcome obstacles through motivation and new performance metrics. Education must support innovation through new learning methods to develop skills like divergent thinking, design thinking, and visual thinking. Games and gamification can also drive innovation by engaging people emotionally.
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1. open innov framing
This document discusses open innovation and the need for innovation in enterprises. It defines open innovation as integrated collaboration and co-creation of shared value through cultivated innovation ecosystems and rapid adoption of exponential technologies. The document outlines three steps to innovation: digital transformation towards digital enterprises, knowledge transformation towards knowledge enterprises, and meta-innovation transformation towards open innovation ecosystems. It emphasizes that innovation requires cultural shifts and new forms of organization, management, and working styles with a focus on people and communities.
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2010 ALLIES Learning Exchange: SME Presentation
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Innovation
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The document provides an overview of innovation and innovation management. It discusses key concepts such as defining innovation, why innovation matters for companies, different types of innovation, and models of the innovation process. The summary is:
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Innovation is the development of new products, services, processes or organizational methods that provide value to customers. Innovation drives economic growth by allowing companies to expand and gain competitive advantage. Entrepreneurs play a key role in innovation by identifying opportunities to create and exploit innovations in response to changes in technology, markets or customer needs. Innovation results from organizational capabilities like skills, adaptability and the generation of new ideas that allow companies to transform through new products, processes and customer approaches.
Lecture -2(Creativity and Innovation).pptx
Creativity involves bringing something new into existence that did not exist before through intentional thought. It can involve developing new systems, combining existing information in novel ways, or applying known relations to new situations. Creative thinking is a type of divergent thinking that is adapted to reality. Innovation is the process of creating something new that is also of value, from identifying opportunities to commercializing inventions. Factors like personality, age, intelligence, motivation, and work environment can influence creative efficiency. Brainstorming principles include deferring judgment, embracing wild ideas, building on others' ideas, and focusing on quantity over quality.
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This document provides an overview of technological innovation. It begins by defining innovation as changes that significantly increase the value or usefulness of a process or product. Innovation can occur in various fields like technology, politics, agriculture, and society. The document then discusses different types of innovation including radical vs incremental, competence-enhancing vs competence-destroying, architectural vs component, and disruptive innovation. It also outlines the stages of technological innovation from basic research to marketing. Finally, it briefly discusses trends like digital transformation, platforms/sharing economy, and the rise of digital products and e-commerce innovations.
Patarapong 1
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Open Innovation success factors
While open innovation is a defined concept, its methodology differs based on what companies are using it. Two cases - Inwido and Tetra Pak - take an open innovation approach to solving their internal challenges. Having chosen different approach to implement open innovation practices, both projects arrive to successful outcomes. Success factors for open innovation include involvement of top management, setting clear strategy for openness and participation and creation of open ecosystem. his presentation was held at the "Hands On - Open Innovation" one day workshop arranged by Ideon Open in Lund, Sweden.
More information about the event is at http://www.ideonopen.com/events
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The document provides an overview of innovation and innovation management. It defines innovation as the process of turning opportunities into new ideas and implementing them successfully. Innovation is important because it allows companies to adapt, gain competitive advantages, and drive economic growth through "creative destruction." The document also discusses different types of innovation like incremental, radical, and disruptive innovation. It examines historical models of innovation and outlines innovation management as the process of transforming inventions into innovations that achieve sustained competitive advantages. Finally, it discusses core abilities needed to manage innovation and presents an innovation process model.
Leading to Innovation
The document discusses innovation at 3M India. It outlines 3M's vision and values, which focus on technology advancement, customer satisfaction, and sustainable growth through innovation. 3M India operates various business verticals and follows eight pillars of innovation, including quantifying efforts, maintaining a culture committed to innovation, and investing in people. The company's culture fosters experimentation, rewards both successes and failures, and recognizes innovative employees. 3M India's innovation process includes ideation, execution, periodic review, and recognition of achievements. Overall, the document examines how 3M India's values, culture, processes, and ecosystem support continuous innovation.
Leading to innovation
Innovation is something new, something original out of the existing resources. It may span over : product, process, services, business model, delivery model or thought process or organisational structure
Gem innovation
This document discusses technology and innovation in three main paragraphs:
1) It introduces different types of innovation including product, process, marketing, organizational, and business model innovation.
2) It discusses several frameworks for understanding the evolution of innovation from a technology push approach to more open innovation models.
3) It provides examples of companies that have successfully implemented open innovation approaches including InnoCentive, Spotify, Nissan, and ATMs.
120619 cul knowledge based bus inno v03
The document discusses methods and tools for enterprise innovation in a networked economy using a knowledge-centric approach. It proposes a virtual innovation factory (VIF) that operates in an innovation space, transforming raw and enabling knowledge into new working knowledge and final products through a value production chain. The VIF is intended to facilitate open innovation using a social semantic knowledge management platform to manage enterprise documents in a semantically enriched way using ontologies. The goal is to support continuous business innovation through knowledge management and transformation of enterprise processes, products, and technologies.
Technologies and Innovation – Innovation
This document provides an agenda and overview for a session on digital technologies and innovation. The agenda includes introductions on the building blocks, sources, and practice of innovation. It discusses Peter Drucker's views on where innovative ideas come from by analyzing opportunities within companies, industries, and the social environment. It also summarizes theories on innovation from Joseph Schumpeter, who distinguished invention, innovation and imitation, and from Birkinshaw, who categorized types of innovation. The document outlines frameworks for innovation from Bessant and Tidd, Tidd et al., and Rothwell's five models of the innovation process. It discusses open innovation models like InnoCentive and examples from Spotify and Giffgaff. It concludes with perspectives
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Innovation Process - MIT ID Innovation
The Innovation Process is the structure that ensures your innovation team has novel ideas and the ability to successfully implement them. With the innovation process, you have a strategy that compels you to drag it all the way to the finish.
To know more details, visit us at : https://mitidinnovation.com/recreation/what-is-the-innovation-process-importance-steps-types-and-examples/
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Types of Inventions; Difference between invention and innovation; Types of innovation; Innovation process vs Process innovation; Linear innovation models.. Technology push model, Market pull model; Flexible innovation process models
Innovation 1 nroi
This document discusses innovation and the innovation process. It begins by defining innovation and exploring examples of innovative products and services over time. It then outlines the four phases of innovation: search, select, implement, and capture. Additional context around people/organization and innovation strategy is provided. The document emphasizes that innovation is not a single event but a complex process that occurs at different levels and sectors. It also notes that many new ideas fail and explores reasons for failure.
Oslo Manual 2018
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This slide presents the differences between Jugaad Innovation and Gandhian Innovation. Both these innovations are unique to India. While Jugaad focuses on creative solutions to deal with scarcity, Gandhian innovation addresses the needs of marginalized sections of the society.
Quiz International Business - For UGC Net
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Dr. G. Syamala discusses innovation in a document for the Department of Commerce at Savitribai Phule Pune University. Innovation involves applying creative solutions to appropriate situations. It is the ability to overcome situations using common sense. Innovation differs from invention in that it results in new products, services or processes through the transformation of ideas. Characteristics of innovation include being intentional, challenging, and aiming to benefit an organization. Types of innovation discussed include product, process, radical, incremental, and social innovation. Innovation management concerns planning, organizing and controlling innovation efforts to foster creativity and achieve organizational goals.
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The document defines innovation, discusses its importance for competitive advantage and growth, and outlines different types of innovation including product, process, and business model innovation. It also examines linear and interactive models of innovation and introduces innovation management as turning inventions into innovations for sustained competitive advantage. An extensive outline is then provided on topics such as the concept of innovation, models of innovation, and innovation as a management process.
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Innovation is the development of new products, services, processes or organizational methods that provide value to customers. Innovation drives economic growth by allowing companies to expand and gain competitive advantage. Entrepreneurs play a key role in innovation by identifying opportunities to create and exploit innovations in response to changes in technology, markets or customer needs. Innovation results from organizational capabilities like skills, adaptability and the generation of new ideas that allow companies to transform through new products, processes and customer approaches.
Lecture -2(Creativity and Innovation).pptx
Creativity involves bringing something new into existence that did not exist before through intentional thought. It can involve developing new systems, combining existing information in novel ways, or applying known relations to new situations. Creative thinking is a type of divergent thinking that is adapted to reality. Innovation is the process of creating something new that is also of value, from identifying opportunities to commercializing inventions. Factors like personality, age, intelligence, motivation, and work environment can influence creative efficiency. Brainstorming principles include deferring judgment, embracing wild ideas, building on others' ideas, and focusing on quantity over quality.
LECTURE 6: Technological Innovation
This document provides an overview of technological innovation. It begins by defining innovation as changes that significantly increase the value or usefulness of a process or product. Innovation can occur in various fields like technology, politics, agriculture, and society. The document then discusses different types of innovation including radical vs incremental, competence-enhancing vs competence-destroying, architectural vs component, and disruptive innovation. It also outlines the stages of technological innovation from basic research to marketing. Finally, it briefly discusses trends like digital transformation, platforms/sharing economy, and the rise of digital products and e-commerce innovations.
Patarapong 1
This document provides an introduction to innovation, including key concepts and definitions. It discusses Joseph Schumpeter's definition of innovation as new products, processes, markets, raw materials or forms of organization. Innovation is distinguished from invention, technology and research and development. The importance of innovation for competitiveness is explained. Different types, degrees, levels and dimensions of innovation are outlined. Public and social innovation are also discussed. The document reviews models of the innovation process and factors that influence it like globalization and collaboration. It examines rationales for science, technology and innovation policy from both neoclassical economics and systems of innovation perspectives.
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While open innovation is a defined concept, its methodology differs based on what companies are using it. Two cases - Inwido and Tetra Pak - take an open innovation approach to solving their internal challenges. Having chosen different approach to implement open innovation practices, both projects arrive to successful outcomes. Success factors for open innovation include involvement of top management, setting clear strategy for openness and participation and creation of open ecosystem. his presentation was held at the "Hands On - Open Innovation" one day workshop arranged by Ideon Open in Lund, Sweden.
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2016 - 1. The concept of Innovation and Innovation Management. The type of in...
The document provides an overview of innovation and innovation management. It defines innovation as the process of turning opportunities into new ideas and implementing them successfully. Innovation is important because it allows companies to adapt, gain competitive advantages, and drive economic growth through "creative destruction." The document also discusses different types of innovation like incremental, radical, and disruptive innovation. It examines historical models of innovation and outlines innovation management as the process of transforming inventions into innovations that achieve sustained competitive advantages. Finally, it discusses core abilities needed to manage innovation and presents an innovation process model.
Leading to Innovation
The document discusses innovation at 3M India. It outlines 3M's vision and values, which focus on technology advancement, customer satisfaction, and sustainable growth through innovation. 3M India operates various business verticals and follows eight pillars of innovation, including quantifying efforts, maintaining a culture committed to innovation, and investing in people. The company's culture fosters experimentation, rewards both successes and failures, and recognizes innovative employees. 3M India's innovation process includes ideation, execution, periodic review, and recognition of achievements. Overall, the document examines how 3M India's values, culture, processes, and ecosystem support continuous innovation.
Leading to innovation
Innovation is something new, something original out of the existing resources. It may span over : product, process, services, business model, delivery model or thought process or organisational structure
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This document discusses technology and innovation in three main paragraphs:
1) It introduces different types of innovation including product, process, marketing, organizational, and business model innovation.
2) It discusses several frameworks for understanding the evolution of innovation from a technology push approach to more open innovation models.
3) It provides examples of companies that have successfully implemented open innovation approaches including InnoCentive, Spotify, Nissan, and ATMs.
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The document discusses methods and tools for enterprise innovation in a networked economy using a knowledge-centric approach. It proposes a virtual innovation factory (VIF) that operates in an innovation space, transforming raw and enabling knowledge into new working knowledge and final products through a value production chain. The VIF is intended to facilitate open innovation using a social semantic knowledge management platform to manage enterprise documents in a semantically enriched way using ontologies. The goal is to support continuous business innovation through knowledge management and transformation of enterprise processes, products, and technologies.
Technologies and Innovation – Innovation
This document provides an agenda and overview for a session on digital technologies and innovation. The agenda includes introductions on the building blocks, sources, and practice of innovation. It discusses Peter Drucker's views on where innovative ideas come from by analyzing opportunities within companies, industries, and the social environment. It also summarizes theories on innovation from Joseph Schumpeter, who distinguished invention, innovation and imitation, and from Birkinshaw, who categorized types of innovation. The document outlines frameworks for innovation from Bessant and Tidd, Tidd et al., and Rothwell's five models of the innovation process. It discusses open innovation models like InnoCentive and examples from Spotify and Giffgaff. It concludes with perspectives
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Innovation Process - MIT ID Innovation
The Innovation Process is the structure that ensures your innovation team has novel ideas and the ability to successfully implement them. With the innovation process, you have a strategy that compels you to drag it all the way to the finish.
To know more details, visit us at : https://mitidinnovation.com/recreation/what-is-the-innovation-process-importance-steps-types-and-examples/
Innovation process & models
Types of Inventions; Difference between invention and innovation; Types of innovation; Innovation process vs Process innovation; Linear innovation models.. Technology push model, Market pull model; Flexible innovation process models
Innovation 1 nroi
This document discusses innovation and the innovation process. It begins by defining innovation and exploring examples of innovative products and services over time. It then outlines the four phases of innovation: search, select, implement, and capture. Additional context around people/organization and innovation strategy is provided. The document emphasizes that innovation is not a single event but a complex process that occurs at different levels and sectors. It also notes that many new ideas fail and explores reasons for failure.
Oslo Manual 2018
The Oslo Manual is the international reference guide for collecting and using data on innovation. In this new 4th edition, published in October 2018, the manual has been updated to take into account a broader range of innovation-related phenomena as well as the experience gained from recent rounds of innovation surveys in OECD countries and partner economies and organisations.
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- 2. Successful companies • HP • Apple • Cisco • TCS • Google • Infosys • 3M
- 3. What is innovation? • Latin word Nova - New • Combination of knowledge in original, relevant and valued new products, processes, services • Application of invention into a product or process to drive value for customers
- 4. Innovation Concept • Innovation management – creating and implementing a business design based on a creative idea with the goal of transforming an invention into innovation • Sustained competitive advantage • Growth • Profit
- 5. Schumpeter – sources of innovation • New product introduction • New process • Entering a new market • New source of raw material
- 6. Systems view • Innovation does not exist only at the level of the firm • Government • Competition • Technology • Research • Infrastructure • Educational levels of manpower • All the above factors play a role in success of innovative efforts
- 7. Innovation System • Government + socio-economic culture + level of technological development + research + capital + FDI + Information and communication technologies
- 8. Innovation versus Invention • Starting point of innovation – creativity • Innovation – a process (creation + diffusion) • Creativity – new and relevant ideas • Innovation – implementation of ideas • Invention – creation of novel services, products or production techniques
- 9. Invention -> Innovation • Invention – commercialized, accessible and packaged so that it reaches market • Support of market research + business processes • Technology + management + human + capital
- 10. Three aspects of creativity • Expertise • Creative thinking • Motivation (desire to excel)
- 11. History of Innovation • First Generation – Mid 1960’s : Technological push (Demand more than supply) • Second Generation – Till Mid 1970’s: Market Pull (Innovation as a Project) • Third Generation – 1970s to 1990s. Technological push + Market Pull : Product + Process Innovation • Fourth: Early 1990s to early 2000s. Strategic alliances • Fifth : Early 2000s and beyond: Open innovation- innovation sourced internally + externally.
- 12. Innovation versus Invention • Change in technology- Invention • Business world involvement - Innovation
- 13. Incremental innovation • Small modifications and improvements in technologies • Improvements in features of a phone • Minor improvement in technology or process
- 14. Radical Innovations • Breakthrough innovation • Discontinuous technology that can drastically transform existing products or processes • Technical innovation that can upset industry’s existing business model • Transistor to digital • PC , Smart phone • iPad
- 15. • Creativity = ideas • Innovation = ideas + action • Creativity = novelty • Innovation = novelty + value
- 16. Peter Senge’s model • Model for fostering a creative environment • Systems thinking – view all problems with a holistic and integrated approach • Mental models – experiential learning • Team learning • Shared vision • Personal mastery – Proficiency of humans