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"Creative ability Technological innovations"
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Innovation renaissance : defining, debunking, and demystifying creativity
\"Innovation is not easy. Understanding the liability of newness but the potential for greatness is the central theme of this work. Innovation Renaissance explores and debunks the myths that have arisen from the proliferation of misleading and often confusing popular press treatments of creativity and innovation. Examples include the notion that successful entrepreneurs are winners because they are innovative-whereas creativity and business start-up acumen are not the same, and are rarely paired-or the idea of disruptive technology, which has now become the buzzword equivalent to radical new technology products or services, despite the fact that new technologies tend to offer simple, limited-capability products or services to satisfy overlooked customer demand. The popularity of open innovation has spawned assumptions, like the idea that crowdsourcing will increase the number of truly new ideas-but in fact the more novel these ideas, the less likely they are to be adopted by incumbent firms because they are less familiar. Starting by defining innovation and the theories that have arisen surrounding it, Ettlie considers individual creativity and innovativeness, radical innovation, new products, new services, process innovation and information technology. There is special emphasis on neglected topics such as the dark side of the innovation process-the unintended consequences of new ventures. Finally, the last chapter of the book summarizes a prescriptive model of the innovation process and attempts to answer the question: what causes innovation? Three major constructs are explored: leadership, enhancing capabilities and integration. This informative and unique text is designed as a resource for postgraduate students, academics and professionals deeply committed to understanding and working through the innovation process. The book includes an introduction to the subject before moving on to an in-depth study of emerging evidence and topics in the field\"-- Provided by publisher.
Book
Creating the twentieth century : technical innovations of 1867-1914 and their lasting impact
This book is a systematic interdisciplinary account of the history of unprecedented technical advances that took place in Europe and North America during the three pre-WWI generations and of their truly epochal consequences. It takes a close look at four classes of fundamental innovations: formation, diffusion, and standardization of electricity-generating systems and the distribution and uses of this most versatile form of energy; invention and rapid adoption of internal combustion engines, the dominant prime mover in transportation; the unprecedented pace of the introduction of new materials and industrial chemical syntheses; and the birth of a new information age thanks to the new means of communication. These chapters are followed by an evaluation of the lasting impact these advances had on the 20th century, that is, the creation of high-energy societies engaged in mass production aimed at improving standards of living.
eBook
Sectoral Systems of Innovation
This volume provides a novel way of examining innovation in sectors by proposing the framework of sectoral systems of innovation. It analyses the innovation process, the factors affecting innovation, the changing boundaries and transformation of sectors, and the determinants of the innovation performance of firms and countries in different sectors.
eBook
Insight out : get ideas out of your head and into the world
\"What if there were a clear set of instructions to help you bring your best ideas to life? As with a recipe, you could take a compelling idea and with concrete steps, transform it into something extraordinary. As a professor at Stanford University, Tina Seelig has dedicated her career to teaching the practice of moving from imagination to implementation. In Insight Out, she welcomes you into her classroom and crisply defines the core concepts of imagination, creativity, innovation, and entrepreneurship, presenting an elegant and much-needed model she calls the 'Invention Cycle.' This new approach enables you to see obstacles as opportunities, inspire others to share your vision, and ultimately bring more ideas to fruition. Filled with surprising research, examples from her Stanford classroom, and stories from around the world--Silicon Valley to San Quentin State Prison, rural Pakistan to the North Pole--Insight Out offers essential and unexpected strategies that will help bring even the slightest flicker of an idea to life. Equally useful for students, educators, entrepreneurs, and would-be innovators in all fields, this is an essential road map for anyone who wants to get ideas out of their head and into the world\"-- Provided by publisher.
Book
Strategy in the digital age : mastering digital transformation
Digital transformation is much more than building a digital infrastructure to gather and process data. It is about understanding how digital technologies enable the creation of innovative services and products. It is about identifying new competitive positions and business models and thinking critically about how to both create and capture value. Strategy in the Digital Age directly engages these concerns and provides a comprehensive roadmap for planning a successful digital strategy and executing a digital transformation in organizations.
Covering major topics such as big tech, data analytics, artificial intelligence, blockchain, cryptocurrency, autonomy, cybersecurity, data privacy, and antitrust, strategy expert Michael Lenox outlines a set of novel, original frameworks to help those undertaking digital transformation at their organization devise their strategy. Readers will also come away with a greater understanding of how to navigate the human dimension of digital transformation and tackle the numerous social and policy challenges raised by digital technology. With insights from major companies such as Spotify, Facebook, and Uber, Lenox delivers a compelling volume that offers both a foundational understanding of this dynamic environment and an action plan for those seeking a path to digital strategy implementation for their organization.
eBook
Going Underground: Bootlegging and Individual Innovative Performance
To develop innovations in large, mature organizations, individuals often have to resort to underground, “bootleg” research and development (R&D) activities that have no formal organizational support. In doing so, these individuals attempt to achieve greater autonomy over the direction of their R&D efforts and to escape the constraints of organizational accountability. Drawing on theories of proactive creativity and innovation, we argue that these underground R&D efforts help individuals to develop innovations based on the exploration of uncharted territory and delayed assessment of embryonic ideas. After carefully assessing the direction of causality, we find that individuals’ bootleg efforts are associated with achievement of high levels of innovative performance. Furthermore, we show that the costs and benefits of bootlegging for innovation are contingent on the emphasis on the enforcement of organizational norms in the individual’s work environment; we argue and demonstrate empirically that the benefits of an individual’s bootlegging efforts are enhanced in work units with high levels of innovative performance and which include members who are also engaged in bootlegging. However, during periods of organizational change involving formalization of the R&D process, individuals who increase their bootlegging activities are less likely to innovate. We explore the implications of these findings for our understanding of proactive and deviant creativity.
Journal Article
The innovator's hypothesis : how cheap experiments are worth more than good ideas
Addressing the innovation priorities of companies that live in the real world of limits, Michael Schrage advocates a cultural and strategic shift: small teams, collaboratively - and competitively - crafting business experiments that make top management sit up and take notice. He introduces the 5x5 framework: giving diverse teams of five people up to five days to come up with portfolios of five business experiments costing no more than $5,000 each and taking no longer than five weeks to run. Successful 5x5s, he shows, make people more effective innovators - and more effective innovators mean more effective innovations.
Book
Building an Innovation Hotspot
How can you increase innovation at local levels and build new technology hotspots? Building an Innovation Hotspot outlines the approaches governments, communities and industry have used to stimulate innovation and examines the evidence behind them. It also identifies real-world examples where these approaches have worked and where they have failed. As future industries will be built on new technologies - particularly digital technologies - the final chapters of this book consider how artificial intelligence, blockchain, augmented and virtual reality, and 3D printing might change not just where innovation occurs, but innovation itself. Stimulating innovation will be key to addressing our future needs in the shadow of the COVID-19 pandemic and in tackling the all-pervasive impacts of climate change.This is an essential book for anyone looking to build their local economy and compete in a more globalised world connected by the next wave of digital technology.
eBook