The Innovation Machine

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The Innovation Machine

Rolf-Christian Wentz
The Innovation Machine Book PDF

Author : Rolf-Christian Wentz
Publisher : Createspace Independent Publishing Platform
Page : 0 pages
File Size : 55,7 Mb
Release : 2012-07-29
Category : Creative ability in business
ISBN : 1478204168

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The Innovation Machine by Rolf-Christian Wentz Pdf

Innovation is critical for the survival of any enterprise. But most company leaders are still dissatisfied with the innovation management of their companies. Why is it so? In order to launch successful innovations like a high-performance machine on a sustainable basis, most companies have to transform themselves. What they need is an innovation management system whose components are consistent and, preferably, self-reinforcing. Vision, objectives, strategy, culture, process, structure & systems and competencies must be aligned. This book demonstrates how the world ́s best innovators such as Apple, Google, Microsoft, IBM, Toyota, Amazon, GE, Procter & Gamble, Samsung, BMW, 3M etc., which the author calls innovation machines, succeed at this. By means of various case studies and based on his own practical experience, the author describes how the use of the innovation management system will make your company successful, and he lays out the change management to transform your firm into an innovation machine. In doing this, he uses storytelling and the vivid language of a practitioner. The conclusions and main indicated actions at the end of each chapter plus worksheets and checklists support the practitioner in the implementation. Praise for "Die Innovationsmaschine" (German edition): "Rolf-Christian Wentz is exceptionally successful at describing his insights concerning the topic of innovation management ... and at deriving from them practical indicated actions." (translated from German) GPRA -Society of Public Relations Agencies

Demystifying China's Innovation Machine

Marina Zhang,Mark Dodgson,David Gann
Demystifying China s Innovation Machine Book PDF

Author : Marina Zhang,Mark Dodgson,David Gann
Publisher : Oxford University Press
Page : 305 pages
File Size : 52,8 Mb
Release : 2022-01-07
Category : Business & Economics
ISBN : 9780198861171

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Demystifying China's Innovation Machine by Marina Zhang,Mark Dodgson,David Gann Pdf

China's extraordinary economic development is explained in large part by the way it innovates. Contrary to widely held views, China's innovation machine is not created and controlled by an all-powerful government. Instead, it is a complex, interdependent system composed of various elements, involving bottom-up innovation driven by innovators and entrepreneurs and highly pragmatic and adaptive top-down policy. Using case studies of leading firms and industries, along with statistics and policy analysis, this book argues that China's innovation machine is similar to a natural ecosystem. Innovations in technology, organization, and business models resemble genetic mutations which are initially random, self-serving, and isolated, but the best fitting are selected by the market and their impacts are amplified by the innovation machine. This machine draws on China's multitude manufacturers, supply chains, innovation clusters, and digitally literate population, connected through super-sized digital platforms. China's innovation suffers from a lack of basic research and reliance upon certain critical technologies from overseas, yet its scale (size) and scope (diversity) possess attributes that make it self-correcting and stronger in the face of challenges. China's innovation machine is most effective in a policy environment where the market prevails; policy intervention plays a significant role when market mechanisms are premature or fail. The future success of China's innovation will depend on continuing policy pragmatism, mass innovation, and entrepreneurship, and the development of the 'new infrastructures'.

The Free-Market Innovation Machine

William J. Baumol
The Free Market Innovation Machine Book PDF

Author : William J. Baumol
Publisher : Princeton University Press
Page : 332 pages
File Size : 53,6 Mb
Release : 2004-04-11
Category : Business & Economics
ISBN : 9780691116303

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The Free-Market Innovation Machine by William J. Baumol Pdf

Why has capitalism produced economic growth that so vastly dwarfs the growth record of other economic systems, past and present? Why have living standards in countries from America to Germany to Japan risen exponentially over the past century? William Baumol rejects the conventional view that capitalism benefits society through price competition--that is, products and services become less costly as firms vie for consumers. Where most others have seen this as the driving force behind growth, he sees something different--a compound of systematic innovation activity within the firm, an arms race in which no firm in an innovating industry dares to fall behind the others in new products and processes, and inter-firm collaboration in the creation and use of innovations. While giving price competition due credit, Baumol stresses that large firms use innovation as a prime competitive weapon. However, as he explains it, firms do not wish to risk too much innovation, because it is costly, and can be made obsolete by rival innovation. So firms have split the difference through the sale of technology licenses and participation in technology-sharing compacts that pay huge dividends to the economy as a whole--and thereby made innovation a routine feature of economic life. This process, in Baumol's view, accounts for the unparalleled growth of modern capitalist economies. Drawing on extensive research and years of consulting work for many large global firms, Baumol shows in this original work that the capitalist growth process, at least in societies where the rule of law prevails, comes far closer to the requirements of economic efficiency than is typically understood. Resounding with rare intellectual force, this book marks a milestone in the comprehension of the accomplishments of our free-market economic system--a new understanding that, suggests the author, promises to benefit many countries that lack the advantages of this immense innovation machine.

The Imagination Machine

Martin Reeves,Jack Fuller
The Imagination Machine Book PDF

Author : Martin Reeves,Jack Fuller
Publisher : Harvard Business Press
Page : 248 pages
File Size : 54,6 Mb
Release : 2021-06-08
Category : Business & Economics
ISBN : 9781647820879

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The Imagination Machine by Martin Reeves,Jack Fuller Pdf

A guide for mining the imagination to find powerful new ways to succeed. We need imagination now more than ever—to find new opportunities, rethink our businesses, and discover paths to growth. Yet too many companies have lost their ability to imagine. What is this mysterious capacity? How does imagination work? And how can organizations keep it alive and harness it in a systematic way? The Imagination Machine answers these questions and more. Drawing on the experience and insights of CEOs across several industries, as well as lessons from neuroscience, computer science, psychology, and philosophy, Martin Reeves of Boston Consulting Group's Henderson Institute and Jack Fuller, an expert in neuroscience, provide a fascinating look into the mechanics of imagination and lay out a process for creating ideas and bringing them to life: The Seduction: How to open yourself up to surprises The Idea: How to generate new ideas The Collision: How to rethink your idea based on real-world feedback The Epidemic: How to spread an evolving idea to others The New Ordinary: How to turn your novel idea into an accepted reality The Encore: How to repeat the process—again and again. Imagination is one of the least understood but most crucial ingredients of success. It's what makes the difference between an incremental change and the kinds of pivots and paradigm shifts that are essential to transformation—especially during a crisis. The Imagination Machine is the guide you need to demystify and operationalize this powerful human capacity, to inject new life into your company, and to head into unknown territory with the right tools at your disposal.

The Free-Market Innovation Machine

William J. Baumol
The Free Market Innovation Machine Book PDF

Author : William J. Baumol
Publisher : Princeton University Press
Page : 336 pages
File Size : 44,8 Mb
Release : 2014-04-24
Category : Business & Economics
ISBN : 9781400851638

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The Free-Market Innovation Machine by William J. Baumol Pdf

Why has capitalism produced economic growth that so vastly dwarfs the growth record of other economic systems, past and present? Why have living standards in countries from America to Germany to Japan risen exponentially over the past century? William Baumol rejects the conventional view that capitalism benefits society through price competition--that is, products and services become less costly as firms vie for consumers. Where most others have seen this as the driving force behind growth, he sees something different--a compound of systematic innovation activity within the firm, an arms race in which no firm in an innovating industry dares to fall behind the others in new products and processes, and inter-firm collaboration in the creation and use of innovations. While giving price competition due credit, Baumol stresses that large firms use innovation as a prime competitive weapon. However, as he explains it, firms do not wish to risk too much innovation, because it is costly, and can be made obsolete by rival innovation. So firms have split the difference through the sale of technology licenses and participation in technology-sharing compacts that pay huge dividends to the economy as a whole--and thereby made innovation a routine feature of economic life. This process, in Baumol's view, accounts for the unparalleled growth of modern capitalist economies. Drawing on extensive research and years of consulting work for many large global firms, Baumol shows in this original work that the capitalist growth process, at least in societies where the rule of law prevails, comes far closer to the requirements of economic efficiency than is typically understood. Resounding with rare intellectual force, this book marks a milestone in the comprehension of the accomplishments of our free-market economic system--a new understanding that, suggests the author, promises to benefit many countries that lack the advantages of this immense innovation machine.

Race Against the Machine

Erik Brynjolfsson,Andrew McAfee
Race Against the Machine Book PDF

Author : Erik Brynjolfsson,Andrew McAfee
Publisher : Brynjolfsson and McAfee
Page : 92 pages
File Size : 47,7 Mb
Release : 2012
Category : Business & Economics
ISBN : 9780984725113

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Race Against the Machine by Erik Brynjolfsson,Andrew McAfee Pdf

Examines how information technologies are affecting jobs, skills, wages, and the economy.

The Other Side of Innovation

Vijay Govindarajan,Chris Trimble
The Other Side of Innovation Book PDF

Author : Vijay Govindarajan,Chris Trimble
Publisher : Harvard Business Press
Page : 240 pages
File Size : 44,9 Mb
Release : 2010-09-02
Category : Business & Economics
ISBN : 9781422162309

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The Other Side of Innovation by Vijay Govindarajan,Chris Trimble Pdf

In their first book, Ten Rules for Strategic Innovators, the authors provided a better model for executing disruptive innovation. They laid out a three-part plan for launching high-risk/high-reward innovation efforts: (1) borrow assets from the existing firms, (2) unlearn and unload certain processes and systems that do not serve the new entity, and (3) learn and build all new capabilities and skills. In their study of the Ten Rules in action, Govindarajan and Trimble observed many other kinds of innovation that were less risky but still critical to the company's ongoing success. In case after case, senior executives expected leaders of innovation initiatives to grapple with forces of resistence, namely incentives to keep doing what the company has always done--rather than develop new competence and knowledge. But where to begin? In this book, the authors argue that the most successful everyday innovators break down the process into six manageable steps: 1. Divide the labor 2. Assemble the dedicated team 3. Manage the partnership 4. Formalize the experiment 5. Break down the hypothesis 6. Seek the truth. The Other Side of Innovation codifies this staged approach in a variety of contexts. It delivers a proven step-by-step guide to executing (launching, managing, and measuring) more modest but necessary innovations within large firms without disrupting their bread-and-butter business.

The Innovation Mode

George Krasadakis
The Innovation Mode Book PDF

Author : George Krasadakis
Publisher : Springer Nature
Page : 316 pages
File Size : 48,5 Mb
Release : 2020-07-29
Category : Business & Economics
ISBN : 9783030451394

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The Innovation Mode by George Krasadakis Pdf

This book presents unique insights and advice on defining and managing the innovation transformation journey. Using novel ideas, examples and best practices, it empowers management executives at all levels to drive cultural, technological and organizational changes toward innovation. Covering modern innovation techniques, tools, programs and strategies, it focuses on the role of the latest technologies (e.g., artificial intelligence to discover, handle and manage ideas), methodologies (including Agile Engineering and Rapid Prototyping) and combinations of these (like hackathons or gamification). At the same time, it highlights the importance of culture and provides suggestions on how to build it. In the era of AI and the unprecedented pace of technology evolution, companies need to become truly innovative in order to survive. The transformation toward an innovation-led company is difficult – it requires a strong leadership and culture, advanced technologies and well-designed programs. The book is based on the author’s long-term experience and novel ideas, and reflects two decades of startup, consulting and corporate leadership experience. It is intended for business, technology, and innovation leaders.

The Perpetual Innovation Machine

Vele Galovski,Hank Shaw
The Perpetual Innovation Machine Book PDF

Author : Vele Galovski,Hank Shaw
Publisher : Unknown
Page : 208 pages
File Size : 51,9 Mb
Release : 2012-07-16
Category : Electronic
ISBN : 1610051874

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The Perpetual Innovation Machine by Vele Galovski,Hank Shaw Pdf

How do you make a business breakthrough? From Vele Galovski's perspective, you need daring goals, skillful data analysis, highly focused innovation engineering, dynamic leadership and an inspiring approach to employee engagement. These are the key components of the streamlined management methodology featured in "The Perpetual Innovation Machine," a practical guide designed to help executives and emerging leaders learn how to transform their organizations...and achieve great things. The book also covers a number of topics that should be of interest to new managers and business students, including:* Key Driver and Predictive Lift Analysis* Power Tools for managing innovations* Tips on how to create "The Leadership Broadcasting Network"* Four Case Histories* And more

China's Next Strategic Advantage

George S. Yip,Bruce McKern
China s Next Strategic Advantage Book PDF

Author : George S. Yip,Bruce McKern
Publisher : MIT Press
Page : 303 pages
File Size : 47,6 Mb
Release : 2017-09-15
Category : Business & Economics
ISBN : 9780262534758

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China's Next Strategic Advantage by George S. Yip,Bruce McKern Pdf

A book for everyone who does business with China or in China. The history-making development of the Chinese economy has entered a new phase. China is moving aggressively from a strategy of imitation to one of innovation. Driven both by domestic needs and by global ambition, China is establishing itself at the forefront of technological innovation. Western businesses need to prepare for a tidal wave of innovation from China that is about to hit Western markets, and Chinese businesses need to understand the critical importance of innovation in their future. Experts George Yip and Bruce McKern explain this epic transformation and propose strategies for both Western and Chinese companies. This book is for everyone who does business with China or in China, or is interested in the development of the world's fastest-growing economy. Western CEOs can learn from Chinese companies and can create an effective innovation process in China, for China and the world. Chinese CEOs can benefit from understanding the strategies of their peers as they strive to enter foreign markets. And all Western businesses should prepare for disruption from their new competitors. Yip and McKern provide case studies of successful firms, outline ten ways in which the managerial and innovative capabilities of these firms differ from those of Western firms, and describe how multinationals doing business in China can become part of the Chinese ecosystem of new knowledge and technology. Yip and McKern argue that these innovation capabilities will be the basis for creating world-class products and services to meet the challenges of a new era of global competition.

Continuing Innovation in Information Technology

National Academies of Sciences, Engineering, and Medicine,Division on Engineering and Physical Sciences,Computer Science and Telecommunications Board,Committee on Continuing Innovation in Information Technology
Continuing Innovation in Information Technology Book PDF

Author : National Academies of Sciences, Engineering, and Medicine,Division on Engineering and Physical Sciences,Computer Science and Telecommunications Board,Committee on Continuing Innovation in Information Technology
Publisher : National Academies Press
Page : 101 pages
File Size : 45,8 Mb
Release : 2016-07-30
Category : Computers
ISBN : 9780309437240

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Continuing Innovation in Information Technology by National Academies of Sciences, Engineering, and Medicine,Division on Engineering and Physical Sciences,Computer Science and Telecommunications Board,Committee on Continuing Innovation in Information Technology Pdf

The 2012 National Research Council report Continuing Innovation in Information Technology illustrates how fundamental research in information technology (IT), conducted at industry and universities, has led to the introduction of entirely new product categories that ultimately became billion-dollar industries. The central graphic from that report portrays and connects areas of major investment in basic research, university-based research, and industry research and development; the introduction of important commercial products resulting from this research; billion-dollar-plus industries stemming from it; and present-day IT market segments and representative U.S. firms whose creation was stimulated by the decades-long research. At a workshop hosted by the Computer Science and Telecommunications Board on March 5, 2015, leading academic and industry researchers and industrial technologists described key research and development results and their contributions and connections to new IT products and industries, and illustrated these developments as overlays to the 2012 "tire tracks" graphic. The principal goal of the workshop was to collect and make available to policy makers and members of the IT community first-person narratives that illustrate the link between government investments in academic and industry research to the ultimate creation of new IT industries. This report provides summaries of the workshop presentations organized into five broad themes - (1) fueling the innovation pipeline, (2) building a connected world, (3) advancing the hardware foundation, (4) developing smart machines, and (5) people and computers - and ends with a summary of remarks from the concluding panel discussion.

Entrepreneurship, Innovation, and the Growth Mechanism of the Free-enterprise Economies

Eytan Sheshinski,Robert J. Strom,William J. Baumol
Entrepreneurship Innovation and the Growth Mechanism of the Free enterprise Economies Book PDF

Author : Eytan Sheshinski,Robert J. Strom,William J. Baumol
Publisher : Princeton University Press
Page : 402 pages
File Size : 40,9 Mb
Release : 2007
Category : Business & Economics
ISBN : 0691129452

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Entrepreneurship, Innovation, and the Growth Mechanism of the Free-enterprise Economies by Eytan Sheshinski,Robert J. Strom,William J. Baumol Pdf

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The Innovator's Dilemma

Clayton M. Christensen
The Innovator s Dilemma Book PDF

Author : Clayton M. Christensen
Publisher : Harvard Business Review Press
Page : 282 pages
File Size : 46,6 Mb
Release : 2013-10-22
Category : Business & Economics
ISBN : 9781422197585

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The Innovator's Dilemma by Clayton M. Christensen Pdf

Named one of 100 Leadership & Success Books to Read in a Lifetime by Amazon Editors An innovation classic. From Steve Jobs to Jeff Bezos, Clay Christensen’s work continues to underpin today’s most innovative leaders and organizations. The bestselling classic on disruptive innovation, by renowned author Clayton M. Christensen. His work is cited by the world’s best-known thought leaders, from Steve Jobs to Malcolm Gladwell. In this classic bestseller—one of the most influential business books of all time—innovation expert Clayton Christensen shows how even the most outstanding companies can do everything right—yet still lose market leadership. Christensen explains why most companies miss out on new waves of innovation. No matter the industry, he says, a successful company with established products will get pushed aside unless managers know how and when to abandon traditional business practices. Offering both successes and failures from leading companies as a guide, The Innovator’s Dilemma gives you a set of rules for capitalizing on the phenomenon of disruptive innovation. Sharp, cogent, and provocative—and consistently noted as one of the most valuable business ideas of all time—The Innovator’s Dilemma is the book no manager, leader, or entrepreneur should be without.

Reckoning with Matter

Matthew L. Jones
Reckoning with Matter Book PDF

Author : Matthew L. Jones
Publisher : University of Chicago Press
Page : 340 pages
File Size : 54,8 Mb
Release : 2016-11-29
Category : Science
ISBN : 9780226411637

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Reckoning with Matter by Matthew L. Jones Pdf

From Blaise Pascal in the 1600s to Charles Babbage in the first half of the nineteenth century, inventors struggled to create the first calculating machines. All failed—but that does not mean we cannot learn from the trail of ideas, correspondence, machines, and arguments they left behind. In Reckoning with Matter, Matthew L. Jones draws on the remarkably extensive and well-preserved records of the quest to explore the concrete processes involved in imagining, elaborating, testing, and building calculating machines. He explores the writings of philosophers, engineers, and craftspeople, showing how they thought about technical novelty, their distinctive areas of expertise, and ways they could coordinate their efforts. In doing so, Jones argues that the conceptions of creativity and making they exhibited are often more incisive—and more honest—than those that dominate our current legal, political, and aesthetic culture.

Social Networks in the History of Innovation and Invention

Francis C. Moon
Social Networks in the History of Innovation and Invention Book PDF

Author : Francis C. Moon
Publisher : Springer Science & Business Media
Page : 196 pages
File Size : 50,5 Mb
Release : 2013-11-19
Category : Technology & Engineering
ISBN : 9789400775282

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Social Networks in the History of Innovation and Invention by Francis C. Moon Pdf

This book integrates history of science and technology with modern social network theory. Using examples from the history of machines, as well as case studies from wireless, radio and chaos theory, the author challenges the genius model of invention. Network analysis concepts are presented to demonstrate the societal nature of invention in areas such as steam power, internal combustion engines, early aviation, air conditioning and more. Using modern measures of network theory, the author demonstrates that the social networks of invention from the 19th and early 20th centuries have similar characteristics to modern 21st C networks such as the World Wide Web. The book provides evidence that exponential growth in technical innovation is linked to the growth of historical innovation networks.