Innovation has been documented as an engine for growth and obtaining competitive advantage. In most countries, about 30 to 50 percent of firms introduce a product or process innovation in a three-year period and on average, more than one-third of a firm’s revenue comes from products or processes that did not exist five years earlier. Indeed, according to the Organization for Economic Co-operati...

This chapter seeks to make some contributions to the literature on firm-level innovation in Africa by attempting to identify the significant factors that explain the capability of firms in Nigeria to innovate using the results of an industry-wide study. We focused on the product and process innovation activities of firms between 2003 and 2006 and found differences in the factors that drive them...

In order to create and deliver innovative new products and services at an ever increasing rate, manufacturing enterprises must adopt a deliberate and systematic approach to managing the drivers of innovation. Managing the enterprise's knowledge base and converting intellectual capital into useful products and services is fast becoming the critical executive skill of the age. With this in mind, ...

The main objective of this research is to contribute to innovation capability understanding. Furthermore, it is mainly focused in the way innovation capability is built and developed. Based on a multiple case study and interviews with managers, who are responsible for the new product development projects, in two innovative technologybased companies (ITBC) in the broadcasting sector, a collectio...

The main objective of this research is to contribute to innovation capability understanding. Furthermore, it is mainly focused in the way innovation capability is built and developed. Based on a multiple case study and interviews with managers, who are responsible for the new product development projects, in two innovative technologybased companies (ITBC) in the broadcasting sector, a collectio...

This paper discusses the incentives behind, and effects of open innovation in different stages of an industry life cycle. It argues that in the beginning of an industry life cycle, open innovation policies usually serve the dual purpose of exploring distant knowledge sources, and exploiting potential network effects to strengthen the installed base of a technology. In the later phases of the in...

Innovation is one of the main drivers of business success. Using computers and special software applications in support of innovations cannot only shorten the whole process of bringing an initial idea to life, but it can improve the overall decision making process. Moreover, aligning innovation management and product life cycle management (PLM) helps organizations in gaining and reusing importa...

Innovation is a major driving force for the economic growth and expansion of companies and the need to innovate has become clear by now. SME’s , even if they are very well aware of the importance of innovation have been rather slow in adopting tools and techniques used in larger companies, which often are very difficult or even impossible to be applied to them. This paper presents a new tool wh...

Due to the ever-increasing global competition in the market, most Taiwan companies have attempted to transform their business from OEM to ODM, and thus continue to create niche values. “One-stop Shopping” design services have emerged as an innovative business model during this trend, particularly in high-tech industries. In this model, a design company collaborates with various manufacturing co...