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Dynamics of New-age Innovation

Language:  English
The book traces the evolution of innovation as a functional discipline over the years highlighting the various theories and models proposed. It introduces the concept of new age innovation to readers.
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The book describes the various theories and models of innovation and identifies the traits of businesses that have launched innovations that have enjoyed enduring success in the market. The need for developing organizational capabilities and utilizing the creative potential of employees to achieve success in innovation management efforts are highlighted. Critical success factors to achieve sustainable competitive advantage through innovation are discussed along with the sources of innovation financing. The book argues that innovation management must be part of overall organizational strategy.

About the Author

Venkatesh Ganapathy completed degree in oil technology from University Department of Chemical Technology (UDCT) in 1992. He joined Castrol India Limited as a Management Trainee and got exposure in cross-functional areas like Research, Technical Support/ Services, Database management, Project Management, ERP, Business Process Support etc. He joined full time academia in 2012 after two decades of corporate experience. Since then he has published more than 50 research papers and presented them in national and international conferences.

  • About the Author
  1. Introduction To Fundamental Concepts of Innovation
    1. Learning Outcomes
    2. What is Innovation?
    3. Definitions of Innovation
    4. Innovation and Knowledge Creation/ Development
    5. Managing innovation in a knowledge-driven economy
    6. Barriers to Innovation
    7. Drivers of Innovation
    8. Chapter Summary
  2. Tracing the History of Innovation Management
    1. Learning Outcomes
    2. History of Innovation
    3. Development of the Innovation Concept: A historical perspective
    4. Chapter Summary
  3. Types of Innovations
    1. Learning Outcomes
    2. Typology of Innovations
    3. Newer typologies
    4. The Third Approach to Innovation
    5. Chapter Summary
  4. Models of Innovation
    1. Learning Outcomes
    2. Models of Innovation
    3. Interactive model of Innovation
    4. System model
    5. Chapter Summary
  5. Developing Innovation Capabilities
    1. Learning Outcomes
    2. Organizational Capabilities
    3. Factors that drive a successful innovation strategy
    4. The Innovation Process
    5. Role of Employees in successful innovation management
    6. Chapter Summary
  6. Financing Innovations
    1. Learning Outcomes
    2. Financing instruments for funding innovation
    3. Financial evaluation Of R&D Projects
    4. Chapter Summary
  7. Achieving Innovation Excellence
    1. Learning Outcomes
    2. Characteristics of an Innovation Leader
    3. Critical factors driving successful innovations
    4. Chapter Summary
  8. New Age Innovation –Driving Business Sustainability
    1. Learning Outcomes
    2. Treating innovation as a discipline
    3. Need for innovation strategy
    4. What is New Age Innovation
    5. Chapter Summary
  • Bibliography
About the Author

Venkatesh Ganapathy