Innovation is the lifeline for every organization. The primary purpose of innovation is to apply new ideas or technologies to create new or added value for the organization. This narrow goal is for small “i”. In the dynamic digital age, however, the goal of innovation should be much more aspirational and noble: “doing well by doing good” for the society at large and humanity. This lofty goal of...

IT industry has become patent-intensive due to the rapid advances in technology and the fierce competition among firms. While prior studies indicate financial returns from investments in IT patents are unclear, recent patent wars in IT industry suggest that IT patents may be of great value. We examine the impact of IT patents as an intangible IT resource on firm value in IT industry, while also...

Purpose – In recent decades, innovation management has changed. This article provides an overview of the changes that have taken place, focusing on innovation management in large companies, with the aim of explaining that innovation management has evolved toward a contextual approach, which it will explain and illustrate using two cases. Design/methodology/approach – The basic approach in this ...

All organisations are now facing one of the largest upheavals in business practice since the ‘great depression’. Information technology organisations, who frequently lead the development of change based around ICT, are being asked to develop new products and services that add significant value for customers and to radically change their internal processes so that they are more cost effective. I...

Customers are considered to be major stakeholders whose demands and preferences have a strong influence on corporate strategies. In this sense, increased consumer environmental awareness has led growing demand for environmentally friendly products which, in turn, compelled firms adopt innovative forms of integrating protection into product development production processes. Nevertheless, an “att...

Notice: Changes introduced as a result of publishing processes such as copy-editing and formatting may not be reflected in this document. For a definitive version of this work, please refer to the published source: Abstract Successful firms use business model innovation to rethink the way they do business and transform industries. However, current research on business model innovation is lackin...