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- W4387163358 abstract "Innovation is key to every type and size of organization, anywhere in the world. The role of innovation for organizations has become more relevant than it was in the past mainly due to globalization and the challenges it brings in delivering better products and services, faster. Managing innovation becomes imperative to achieve success, on a regular basis as the room for failure diminishes. Managing innovation includes both internal innovation, which happens within the organization but also that happens by collaborating with partners outside the organization. Open innovation is easier to discuss than to implement. The roadmap for innovation sets the foundation for managing technology and engineering management and the related strategies. The policies to manage internal and external innovation being not exactly the same it poses challenges to larger organizations. The organization then have to envision a two-pronged approach to managing innovation and behave, often referred to as, an ambidextrous organization. The process of integrating technologies into mainstream business and having a synergistic approach to intellectual property management is critical to manage innovation successfully." @default.
- W4387163358 created "2023-09-30" @default.
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- W4387163358 date "2023-09-29" @default.
- W4387163358 modified "2023-09-30" @default.
- W4387163358 title "Innovation and R&D" @default.
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- W4387163358 doi "https://doi.org/10.1002/9781119987635.ch7" @default.
- W4387163358 hasPublicationYear "2023" @default.
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