Making Innovation Work challenges prevailing misconceptions and lays out the tools and processes necessary for an organization to harness, manage, and execute innovation successfully and profitably. It provides a start-to-finish process for defining innovation strategy, integrating innovation and business strategy, balancing creativity and value capture, weaving innovation into the fabric of th...

Process innovation is vital, but paradoxical, requiring flexibility and empowerment, as well as control and efficiency. Increasingly, literatures stress organizational culture as a key to process innovation. Yet culture remains an intricate, amorphous phenomenon. In this article, we explore how organizational supportive culture – impact a particular process innovation, the implementation of adv...

Innovation researchers recognize that the uncertainty with regard to the value-creating potential of product innovations increases with their technological novelty, and have argued that the usefulness and value of novel products are socially constructed. Despite this recognition, researchers have not explored how the outer form in which a technological innovation is embodied influences the proc...

In this article, the authors explore why medical device innovation has traditionally been geared so thoroughly toward improving performance, with little regard to cost. They argue that the changing incentives in the health care sector and the move to value-based payment models, accelerated by the implementation of the Affordable Care Act, will force device manufacturers to redirect investments ...

Economic forces such as the growing service economy and commoditization of traditional value chains have led many organizations to pursue breakthrough innovations as part of their business strategy. There has been an increased interest in collaboration and teamwork as catalysts of innovation, often without a clear understanding of the different kinds of teams that can be used to foster innovati...

This paper calls for a merger of technology and marketing under a customer value perspective; for an enhancement of the traditional technological innovation orientation of the technology-based firm with a market thrust. It establishes technology-based products as product-service offerings that are derived from technological innovation. The aim in marketing technology-based products is an improv...

This paper shows evidence (SMEs) can maintain higher firm value by innovation activities such as R&D expenditure, asset counted R&D expenditure, and cost asset-counted R&D expenditure has higher effect on the firm value than cost expenditure. Moreover, the additional result shows that business, innobiz firms, and management innovati Medium Business Administration (SMBA) for policy purpose maint...

We thank Michael Wonder for his comments on our article ‘Assessment of the therapeutic value of new medicines marketed in Australia’ which give us the opportunity to clarify some points further. We agree with him that the definition of pharmaceutical products which are ‘considered innovative as long as they are new and the success of innovation is defined in terms of sales, with the assumption ...