The contemporary competitive environment has been and continues to be driven by technological revolution, globalization, hypercompetition, extreme emphasis on price, quality, and customer satisfaction—with a resultant increasing focus on innovation (Hitt et al., 1998). These factors cause increased competitive complexity and dynamism, requiring an increasing emphasis on innovation as a strategi...

This article analyzes the link between the use of concurrent engineering (CE) and success in new product development (NPD) under varying conditions of uncertainty and complexity—radical versus incremental innovations. Using linear regression, the results obtained indicate that overlapping activities, inter-functional integration and teamwork positively affect NPD performance in terms of develop...

The advantages of incremental improvements on already existing drugs are paramount to overall increases in the quality of health care. As the pharmaceutical industry has developed, classes of drugs have expanded to provide physicians with the tools they need to treat diverse patient groups. While critics claim that there are too many similar drugs, drugs based on incremental improvements often ...

The main objective of this paper is to analyze RFID technology as an innovation concept through the lens of the diffusion of innovation theory. Drawing on the extant literature on the diffusion of innovations –with an emphasis on innovation classifications and the “open innovation”–, as well as on an analysis of a longitudinal case study conducted in a Canadian beverage supply chain currently e...

Existing theories in the broad field of innovation management suggest that organizational culture affects the propensity of firms to be innovative, in their new product development offerings. A major thrust of inquiry implies that mature firms often lose their propensity to be innovative, as some aspects of organisational culture that were previously associated with successful incremental chang...

Volume 5(6) 1000e123 J Cancer Sci Ther ISSN:1948-5956 JCST, an open access journal The landmark decision to rejection of patent to anti-cancer drug ‘Glivec’ by Indian Supreme Court has catalysed range of debates around importance of innovation in research and development. The patent plea by Novartis for beta crystalline for of imanitib (i.e. glivec) was considered as an attempt to extend period...

Organizations usually strive for innovation to achieve economic growth. Thereby, incremental innovation of e.g., existing products is often the most attractive way because it is plannable to a certain extent and often reveals short-term success. However, many markets change due to new competitive structures caused by the rise of digital services, which facilitates market entries of new companie...

Innovation is a process through which the nation creates and transforms new knowledge into useful products, services and processes for national and global markets – leading to both value creation for stakeholders and higher standards of living. The difference between invention and innovation is that invention is a new product, whereas innovation is a new value (Szmytkowski, 2005). To turn inven...

In this paper the focus is on the strategy formulation processes, specifically supportive methods and structures, which address various managerial issues concerning discontinuous technologies and radical innovation in the early phase of strategic decision-making. In three in-depth case studies how companies proceeded with discontinuous technology and radical innovation ideas in strategy formula...