Learn About Innovation Management "Innovation management is the successful introduction of something new: it is the embodiment and synthesis of knowledge in original, relevant, valued new products, processes, or services (Luecke and Katz, 2003)."

Innovation Management

Concept Overview

Innovation Management Definition

Innovation management is the active organisation, control and execution of processes, activities, and policies that lead to the "creation of substantial new value for customers and the firm by creatively changing one or more dimensions of the business system" (Sawhney et al., 2006).

Innovation Management Description *

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Business Evidence

Innovation Management Strengths *

Innovation Management Weaknesses *

Examples of Innovation Management *

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Business Application

Innovation Management Implementation *

Success Factors of Innovation Management *

Measures of Innovation Management *

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Professional Tools

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Further Reading

Innovation Management Web Resources *

Innovation Management Print Resources *

Innovation Management References (4 of up to 20) *

  • Abbott, C., Jeong, K.S. and Allen, S. (2006) The Economic Motivation for Innovation in Small Construction Companies. Construction Innovation: Information, Process, Management, Vol. 6(3), pp. 187-196.
  • Adams, R., Bessant, J. and Phelps, R. (2006) Innovation Management Measurement: A Review. International Journal of Management Reviews, Vol. 8(1), pp. 21-47.
  • Afuah, A. (2003) Innovation Management. Oxford University Press, Oxford.
  • Bessant, J. (2003) Challenges in Innovation Management. In Larisa V. Shavinina (Ed.), The International Handbook of Innovation, Elsevier Science Ltd.

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