Summary

Managing Innovation is an established, bestselling text for MBA, MSc and advanced undergraduate courses on management of technology, innovation management and entrepreneurship. It is also used widely by managers in both the service and manufacturing sectors. Now in its fourth edition, Managing Innovation has been fully revised and updated based on extensive user feedback to incorporate the latest findings and techniques in innovation management. The authors have included a new and more explicit innovation model, which is used throughout the book and have introduced two new features - Research Notes and Views from the Front Line - to incorporate more real life case material into the book. The strong evidence-based and practical approach makes this a must-read for anyone studying or working within innovation.An extensive website accompanies this text at www.managing-innovation.com . Readers can browse an online database of audio and video clips, as well as case study material, interactive exercises and tools for innovation, whilst lecturers can find additional support material including instructor slides and teaching guides and tips."Tidd and Bessant's text has become a standard for students and practitioners of innovation. They offer a lively account on innovation management full of interesting and new examples, but one that at the same is rigorously anchored in what we have learned over the last thirty years on how to manage that ultimate business challenge of renewing products, processes, and business models. Those who want to innovate must read this book. "- Professor Arnoud De Meyer, Director, Judge Business School, University of Cambridge, U.K."Innovation matters and this book by two leaders in the field which is clear and practical as well as rigorous should be essential reading for all seeking to study or to become involved in innovation."- Chris Voss, Professor of Operations and Technology Management, London Business School."a comprehensive and comprehensible compendium on the management of innovation. It is very well organized and very well presented. A pedagogic tool that will work at multiple levels for those wishing to gain deeper insights into some of the most challenging and important management issues of the day"- David J. Teece, Thomas W. Tusher Professor in Global Business, Haas School of Business, University of California, Berkeley, USA"Those of us who teach in the field of Innovation Management were delighted when the first edition of this book appeared 11 years ago. The field had long been in need of such a comprehensive and integrated empirically-based work. The fact that this is now the 4th edition is clear testimony to the value of its contribution. We are deeply indebted to the authors for their dedication and diligence in providing us with this updated and expanded volume. "- Thomas J. Allen, Howard W. Johnson Professor of Management, MIT Sloan School of Management, USA

About the authors
Preface to the Fourth Edition
Acknowledgements
How to use this book
Managing Innovation.
Innovation - what it is and why it matters
Introduction
Why innovation matters
Old question, new context
What is innovation?
A process view of innovation
Exploring different aspects of innovation
Summary and further reading
Web links
References
Innovation as a core business process.
Introduction
Variations on a theme
Evolving models of the process
Can we manage innovation?
Learning to manage innovation - building and developing routines across the core process
Measuring innovation success



Summary and further reading
Web links
References
Context.
Building the innovative organization.
Shared vision, leadership and the will to innovate
Appropriate organization structure
Key individuals
High involvement in innovation
Effective team working
Creative climate
Boundary spanning
Beyond the steady state
Summary and further reading
Web links
References
Developing an innovation strategy.
ÆRationalistÆ or æincrementalistÆ strategies for innovation?
The dynamic capabilities of firms
Appropriating the benefits from innovation
Technological trajectories
Developing firm-specific competencies
Globalization of innovation

Summary and further reading
Web links
References
Search.
Sources of innovation.
Where do innovations come from?
Knowledge push?
Need pull?
Whose needs?
Towards mass customization
Users as innovators
Extreme users
Watching others
Recombinant innovation
Regulation
Futures and forecasting
Accidents
A framework for looking at innovation source
How to search
Balancing exploitation and exploration
Absorptive capacity
Tools and mechanisms to enable search
Two dimensions of innovation search
A map of innovation search space
Summary and further reading
Web links
References
Innovation networks.
No man is an island?
The æspaghettiÆ model of innovation
Innovation networks






Summary and further reading
Web links
References
Select.
Decision making under uncertainty.
Introduction
Meeting the challenge of uncertainty
The funnel of uncertainty






Summary and further reading
Web links
References
Building the innovation case.
Developing the business case
Forecasting innovation
Estimating the adoption of innovations


Summary and further reading
Web links
References
Implement.
Creating new products and services.
Processes for new product development
Influence of technology and markets on commercialization
Differentiating products
Building architectural products
Commercializing technological products
Implementing complex products
Service innovation
Summary and further reading
Web links
References
Exploiting new ventures.
What is a venture?
Internal corporate venturing
Joint venture and alliances
Spin-outs and new ventures
Summary and further reading
Web links
References
Capture.
Capturing the benefits of innovation.
Creating value through innovation
Innovation and firm performance
Exploiting knowledge and intellectual property
Broader economic and social benefits
Summary and further reading
Web links
References
Capturing learning from innovation.
What have we learned about managing innovation?
How can we continue to learn to manage innovation?
Learning to manage innovation
Tools to help capture learning
Innovation auditing
Developing innovation management capability
Using the framework
Variations on a theme

Summary and further reading
Web links
References
Table of Contents provided by Publisher. All Rights Reserved.

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