The Intensification of Innovation
نویسندگان
چکیده
The innovation process has intensified as a result of the application of new digital technologies. These technologies that simulate, model and integrate, intensify the innovation process through facilitating economy of effort and definiteness of aim. Of all the many analytical lenses used to examine innovation, the most valuable in accounting for this " automation of innovation " is Rothwell's concept of the 5 th In this paper, innovation is defined as the productive use of knowledge manifested in the successful development and introduction of new products, processes and/or services. Innovation is recognized as being central to economic wealth and social welfare, but being typified by complexity, ambiguity and risk, by a concern for speed, and, given its considerable expense and high failure rates, the need for cost economies (Dodgson, 2000). Our contention is that the electronification of innovation can lead to the intensification of many of the main processes involved in developing new products and processes. This paper presents a conceptual framework for understanding and assessing the use of new electronic tools and techniques associated with intensifying innovation processes, in which the main aims are economies in development costs, reduced lead-times, increased predictability of outcomes and better internal and external organizational integration. Technological innovation is a complex process and
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