Transcript
Managing Innovation
MBA 6103Unit 4Innovation Networks
The Search for Innovation
Where do innovations come from?• Knowledge push
• Needs pull
• New and emerging markets
• Customization• Distribution• Assembly• Fabrication• Design
• Users • Lead• Fringe• Extreme
Where do innovations come from? – cont’d
• Watching others – monitoring the market
• Recombinant innovation
• Regulation
• Future trends and forecasting
• Accidents, mistakes, and failures
Sources of Innovation
Search Strategies
Creating Innovation Networks
• Innovation requires collaboration
• Don’t operate in a vacuum
• Network type will directly parallel the advantages and attributes of the desired innovation
• Knowledge sharing and emergent design
Types of innovative networks• Entrepreneur/Intrapreneur
• Project Teams
• Communities of Practice
• Spatial Clusters (geographic)
• Consortiums
• Supply-chain Relationships
• Emerging Industry Standards
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