9780195133073-0195133072-The Innovation Journey

The Innovation Journey

ISBN-13: 9780195133073
ISBN-10: 0195133072
Author: Sankaran Venkataraman, Andrew H. Van de Ven, Raghu Garud, Douglas E. Polley
Publication date: 1999
Publisher: Oxford University Press
Format: Hardcover 440 pages
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ISBN-13: 9780195133073
ISBN-10: 0195133072
Author: Sankaran Venkataraman, Andrew H. Van de Ven, Raghu Garud, Douglas E. Polley
Publication date: 1999
Publisher: Oxford University Press
Format: Hardcover 440 pages

Summary

The Innovation Journey (ISBN-13: 9780195133073 and ISBN-10: 0195133072), written by authors Sankaran Venkataraman, Andrew H. Van de Ven, Raghu Garud, Douglas E. Polley, was published by Oxford University Press in 1999. With an overall rating of 4.5 stars, it's a notable title among other books. You can easily purchase or rent The Innovation Journey (Hardcover) from BooksRun, along with many other new and used books and textbooks. And, if you're looking to sell your copy, our current buyback offer is $0.51.

Description

The Innovation Journey presents the results of a major longitudinal study that examined the process of innovation from concept to implementation of new technologies, products, processes, and administrative arrangements. Its findings call into question most of the explanations of the innovation process that have been proposed in the past.

The Minnesota Innovation Research Program, on which this book is based, involved over 30 researchers who undertook longitudinal studies that tracked the development of 14 diverse innovations in real time and in their natural field settings. Studying its results, the authors find that the innovation journey is neither sequential and orderly, nor is it a matter of random trial and error; rather it is best characterized as a nonlinear dynamic system.

The system consists of a cycle of divergent and convergent activities that may be repeated over time and at different organizational levels if enabling and constraining conditions are present. This divergent-convergent cycle is found to be the underlying dynamic that explains the development of corporate cultures for innovation, learning among innovation team members, leadership behaviors of top managers or investors, building relationships and joint ventures with other organizations, and developing an industrial infrastructure for innovation. Resource investments and organizational structure enable this innovation cycle, while external institutional rules and internal focus draw the boundaries of the journey.

The authors conclude with advice for innovation managers and entrepreneurs: learn to "go with the flow," because while they can learn to maneuver through the innovation journey, they cannot control its flow.

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