Valuing Corporate Innovation

Author : Gunther Friedl,Horst J. Kayser
Publisher : Springer
Page : 114 pages
File Size : 45,9 Mb
Release : 2017-11-06
Category : Business & Economics
ISBN : 9783319648644

Get Book

Valuing Corporate Innovation by Gunther Friedl,Horst J. Kayser Pdf

This book presents tools for valuing and controlling corporate innovation. It combines a well-established theoretical framework with case studies at Siemens that illustrate the practice of valuing and controlling innovation and underline the strong link between theoretical concepts and practical application. Innovation is a key factor determining the success of companies and since corporate innovation consumes large quantities of resources, the issue of how best to distribute these resources among different projects is crucial. For an optimal resource allocation, companies need valuation tools to assess the benefits, costs and risks of competing projects. The energy sector is an example of a market that is strongly driven by innovation, and as such the book describes the processes and the potential of digitalizing product development and outlines the valuation process for a long-term innovation project in this sector – the development of the latest Siemens gas turbine.

Author : Nacer Gasmi
Publisher : John Wiley & Sons
Page : 224 pages
File Size : 45,9 Mb
Release : 2021-03-03
Category : Business & Economics
ISBN : 9781786306548

Get Book

Corporate Innovation Strategies by Nacer Gasmi Pdf

Corporate social responsibility (CSR) is simply the maximization of a companys value over time, undertaken because, in the long run, social and environmental problems ultimately become financial problems. The justification for CSR is therefore associated with representing the nature and role of the company, as well as its purpose. Companies therefore regard CSR as a strategic investment that is part of a proactive, resilient, inclusive approach, based on the creation of shared value. This approach is capable of reducing negative societal impacts of their activities, or inducing positive impacts if they sustain a hybrid culture, all the while improving their competitive advantage. This book presents a theoretical development that analyzes the challenges of CSR strategies based on the creation of shared value. Two case studies are presented, analyzing the different forms of social innovation strategies capable of inducing this shared value creation.

Author : Andrew Metrick,Ayako Yasuda
Publisher : John Wiley & Sons
Page : 498 pages
File Size : 49,5 Mb
Release : 2021-04-13
Category : Business & Economics
ISBN : 9781119490111

Get Book

Venture Capital and the Finance of Innovation by Andrew Metrick,Ayako Yasuda Pdf

An invaluable resource for current and aspiring technology investors, Venture Capital and the Finance of Innovation provides an in-depth understanding of the tools and models needed to succeed in this competitive and highly fluid business environment. Building on a comprehensive introduction to fundamental financial and investment principles, the text guides the reader toward a robust skill set using enterprise valuation and preferred stock valuation models, risk and reward, strategic finance, and other concepts central to any venture capital and growth equity investment. Two features of the book stand out from other sources on the subject. First, it pays special attention to the enterprise valuation methodology for high-growth companies. What drives the value of a company that has little physical assets, losing money now but has a small chance of achieving great success in several years? How do you create estimates for sales, profit and return on capital when little data is available? The book answers these questions using a discounted cash flow model that is tailor-made for technology companies (DCF.xlsx downloadable from the instructor website), and the comparables model. Second, it highlights the most valuation-relevant feature of VC term sheets, namely the use of convertible preferred stock. The book shows the reader how to use a user-friendly and automated valuation model of VC preferred stock (available at www.vcvtools.com) to value various types of preferred stock and to visualize how term sheets split the values of the firm between entrepreneurs and VCs. Accessible, comprehensive, and assuming only basic knowledge of venture capital, this text offers essential guidance for successful VC and growth equity investing in any market.

Author : Clayton M. Christensen,Stephen P. Kaufman,Willy C. Shih
Publisher : Harvard Business Review Press
Page : 64 pages
File Size : 52,6 Mb
Release : 2010-07-22
Category : Business & Economics
ISBN : 9781633691308

Get Book

Innovation Killers by Clayton M. Christensen,Stephen P. Kaufman,Willy C. Shih Pdf

In this seminal article, innovation experts Clayton Christensen, Stephen P. Kaufman, and Willy C. Shih explore the key reasons why companies struggle to innovate. The authors uncover common mistakes companies make—from focusing on the wrong customers to choosing the wrong products to develop—that can derail innovation efforts, and offer a better way forward for management teams who want to avoid these obstacles and get innovation right. Since 1922, Harvard Business Review has been a leading source of breakthrough ideas in management practice. The Harvard Business Review Classics series now offers you the opportunity to make these seminal pieces a part of your permanent management library. Each highly readable volume contains a groundbreaking idea that continues to shape best practices and inspire countless managers around the world.

Author : Brigitte Borja de Mozota
Publisher : Skyhorse Publishing Inc.
Page : 385 pages
File Size : 46,5 Mb
Release : 2003-08
Category : Art
ISBN : 9781581152838

Get Book

Design Management by Brigitte Borja de Mozota Pdf

Providing a synthesis of practical blueprint and theoretical field guide to managing design, this comprehensive reference shows how the various disciplines of design - product, packaging, graphic and environmental - create value and contribute to company performance.

Author : Jack J. Phillips,Patricia Pulliam Phillips
Publisher : John Wiley & Sons
Page : 461 pages
File Size : 43,9 Mb
Release : 2017-12-19
Category : Business & Economics
ISBN : 9781119242420

Get Book

The Value of Innovation by Jack J. Phillips,Patricia Pulliam Phillips Pdf

Innovation is the life blood of practically every organization. Innovation drives growth, development, and prosperity for many organizations and geographical areas. Sometimes, innovation thrives within a certain geographical location or in certain organizations that are known for their innovative approaches. This outstanding new volume will demonstrate how to measure the success of innovation in all types of organizations. In the last decade, there have been tremendous investments in creativity and innovations sponsored by companies, cities, states, countries, universities, NGO’s, and even non-profits. With the magnitude of emphasis on creativity and innovation, the sponsors and key stakeholders will demand to know the value of these programs. The Value of Innovation: Measuring the Impact and ROI in Creativity and Innovation Programs will show step-by-step how to measure the impact and the ROI of innovation and creativity programs. The process collects six types of data: reaction, learning, application, impact, ROI, and intangibles. Data are collected analyzed and reported using a systematic, logic model. Conservative standards create results that are both CEO and CFO friendly. This proven process has been used now in 5000 organizations and this new book adapts the method directly to this critical area of innovation, showing examples and case studies.

Author : Ruth Taplin
Publisher : Routledge
Page : 214 pages
File Size : 51,9 Mb
Release : 2013-10-15
Category : Social Science
ISBN : 9781134716890

Get Book

Intellectual Property Valuation and Innovation by Ruth Taplin Pdf

With the recent global economic crisis, attitudes and practices in relation to intellectual property valuation are changing as exemplified by the dichotomy explained in this book, which makes it unique. While there has been a move towards global harmonisation in terms of valuation of both tangible and intangible assets that are based on innovation, there is also a tendency against global harmonisation because of cultural attitudes and practices of different countries. This can be seen most acutely in relation to intellectual property valuation in Asia, especially East Asia, which often differs from the West’s perception of valuation. The book is written by experts in intellectual property, valuation and innovation who are mainly practitioners covering innovators, marketers, accountants, social innovators and business and management academics. The breadth and practitioner background of most of the contributors make the material relevant to those involved in valuation, economics, business, management, accounting and finance, law and maritime insurance. This book takes an interdisciplinary approach that cross-cuts all the above-mentioned disciplines and takes the understanding of intellectual property valuation to a new level.

Author : James Utterback
Publisher : Unknown
Page : 0 pages
File Size : 44,9 Mb
Release : 2009
Category : Electronic
ISBN : OCLC:1376444045

Get Book

Mastering the Dynamics of Innovation by James Utterback Pdf

Explores how innovation transforms industries, suggesting a strategic model to help firms to adjust to ever-shifting market dynamics. Understanding and adapting to innovation -- 'at once the creator and destroyer of industries and corporations' -- is essential with increasing fragmentation and foreign competition, and the consequent demand for high cost-value and globally appealing products. Business cycles and population ecology (which focuses on linkages between survival, population density of firms, and size and growth of the market) are used to explain the surprising amount of movemente that characterizes even the largest, most established firms. The history of innovation is explored through a diverse variety of industries -- from typewriters to incandescent light bulbs to ice. These accounts show that entrepreneur-inventors and innovative firms tend to become conservative and defensive as the market expands beyond their original concept; this is the point at which it becomes difficult for the firm, originally innovative, to keep up with market shifts. Following these trends, organizations are either organic or mechanistic. Organic firms operate in an uncertain environment, so that individuals must collaborate on frequent adjustments in a limited hierarchy with a rich flow of communication. Mechanistic organizations, on the other hand, are characterized by rigid coordination that establishes consistent routines, especially following the advent of a successful corporate innovation. Firms must accept the inevitability of change by valuing innovation even above past success; one of management's most essential roles is to find a balance between supporting new and established innovations. (CJC).

Author : Alexander Osterwalder,Yves Pigneur,Gregory Bernarda,Alan Smith
Publisher : John Wiley & Sons
Page : 320 pages
File Size : 54,9 Mb
Release : 2015-01-28
Category : Business & Economics
ISBN : 9781118968079

Get Book

Value Proposition Design by Alexander Osterwalder,Yves Pigneur,Gregory Bernarda,Alan Smith Pdf

The authors of the international bestseller Business Model Generation explain how to create value propositions customers can’t resist Value Proposition Design helps you tackle the core challenge of every business — creating compelling products and services customers want to buy. This highly practical book, paired with its online companion, will teach you the processes and tools you need to create products that sell. Using the same stunning visual format as the authors’ global bestseller, Business Model Generation, this sequel explains how to use the “Value Proposition Canvas” to design, test, create, and manage products and services customers actually want. Value Proposition Design is for anyone who has been frustrated by new product meetings based on hunches and intuitions; it’s for anyone who has watched an expensive new product launch fail in the market. The book will help you understand the patterns of great value propositions, get closer to customers, and avoid wasting time with ideas that won’t work. You’ll learn the simple process of designing and testing value propositions, that perfectly match customers’ needs and desires. In addition the book gives you exclusive access to an online companion on Strategyzer.com. You will be able to assess your work, learn from peers, and download pdfs, checklists, and more. Value Proposition Design is an essential companion to the ”Business Model Canvas” from Business Model Generation, a tool embraced globally by startups and large corporations such as MasterCard, 3M, Coca Cola, GE, Fujitsu, LEGO, Colgate-Palmolive, and many more. Value Proposition Design gives you a proven methodology for success, with value propositions that sell, embedded in profitable business models."

Author : Andreas Hinterhuber,Stephan M. Liozu
Publisher : Routledge
Page : 447 pages
File Size : 55,9 Mb
Release : 2013-05-07
Category : Business & Economics
ISBN : 9781136199745

Get Book

Innovation in Pricing by Andreas Hinterhuber,Stephan M. Liozu Pdf

Pricing has a substantial and immediate impact on profitability. Most companies, however, still use costs or competition as a main basis for setting prices. Product or business model innovation has a high priority for many companies whereas innovation in pricing has received scant attention. This book examines how innovation in pricing can drive profits. The text examines innovation in pricing from four complementary perspectives. Innovation in Pricing Strategy illustrates how companies implement innovative pricing strategies, such as customer value-based pricing. Innovation in Pricing Tactics deals with innovative tools to measure and increase customer willingness to pay and to communicate value to B2B and B2C customers. Innovation in Organizing the Pricing Function looks at state-of-the art approaches to embed the pricing function in the organization. Psychological Aspects of Pricing illustrates how companies can influence customer perceptions of value and price in their question to implement innovation in pricing. This edited volume brings together 26 articles from academics, business practitioners and consultants. Authors are from the world’s largest companies, leading research-based universities and consulting companies specialized in pricing. This book is the only book dedicated to innovation in pricing and an essential read for business executives and pricing managers wishing to treat innovation in pricing as seriously as they treat product or business model innovation.

Author : Anne Marie Knott
Publisher : McGraw Hill Professional
Page : 288 pages
File Size : 55,7 Mb
Release : 2017-03-24
Category : Business & Economics
ISBN : 9781259860942

Get Book

How Innovation Really Works: Using the Trillion-Dollar R&D Fix to Drive Growth by Anne Marie Knott Pdf

Are you spending too much on R&D? Too little? Is your innovation program successful? And how do you measure that success? Your company is spending millions on R&D every year, but despite your best efforts, that R&D isn’t driving growth. If you’re like 95% of firms, you aren’t investing the right amount, and the productivity of your R&D has fallen dramatically over the past several years. That’s because there hasn’t been a universal, uniform, and reliable measure of R&D—until now. First introduced in Anne Marie Knott’s influential Harvard Business Review article, RQTM (Research Quotient) is a revolutionary new tool that measures a company’s R&D capability—its ability to convert investment in R&D into products and services people want to buy or to reduce the cost of producing these. RQ not only tells companies how “smart” they are, it provides a guide for how much they should invest in R&D to ensure that investment will increase revenues, profits, and market value. Armed with insights from her experience as an R&D project manager, 20 years of academic research, and two National Science Foundation grants, Knott devised RQ and used the measure to test common innovation prescriptions across the full spectrum of U.S. companies engaged in R&D. The results are nothing short of game-changing. In this essential guide, you will learn: • how to use RQ to determine which R&D investments are most likely to drive growth—using the hard data you already have to better utilize the innovation tools you’re already using • the 7 misconceptions about innovation trends—and how to avoid the ones that don’t work • how investors can achieve 9x returns in the market and help companies in the process • why corporate—and GDP—growth has stalled and how to restore it without R&D tax credits This book promises to do for innovation and R&D what TQM did for manufacturing and what Sabremetrics did for baseball. It’ll show you How Innovation Really Works—with measurable results you can count on.

Author : Anonim
Publisher : Unknown
Page : 269 pages
File Size : 55,7 Mb
Release : 2002
Category : Electronic
ISBN : OCLC:1132173352

Get Book

Creating Value by Anonim Pdf

Author : Hugo Hodges
Publisher : States Academic Press
Page : 249 pages
File Size : 48,6 Mb
Release : 2021-11-16
Category : Business & Economics
ISBN : 1639891277

Get Book

Corporate Innovation: Global Perspectives by Hugo Hodges Pdf

Innovation is a concept that is centred around the creation or redistribution of value through a new or changed entity. It is also a facet of entrepreneurship, whether in terms of establishing a new venture or an existing business, such that it creates new wealth or uses existing resources to create greater value. Corporate innovation is a crucial catalyst for growth. Changes in organizational culture, such as changing management style and business processes, or introducing information technology, can create a climate of innovation in the workplace. The book studies, analyses and upholds the pillars of corporate innovation and its utmost significance for business growth. Its objective is to give a general view of the global perspectives of corporate innovation. The extensive content of this book provides the readers with a thorough understanding of the subject.

Author : Alexander Gerybadze,Ulrich Hommel,Hans W. Reiners,Dieter Thomaschewski
Publisher : Springer Science & Business Media
Page : 452 pages
File Size : 40,7 Mb
Release : 2010-07-17
Category : Business & Economics
ISBN : 9783642108235

Get Book

Innovation and International Corporate Growth by Alexander Gerybadze,Ulrich Hommel,Hans W. Reiners,Dieter Thomaschewski Pdf

Research and development (R&D) as well as innovation are the drivers of change and the key determinants of growth in many industry and service sectors. In spite of the financial turmoil and restructuring of the world economy after 2008, investment in R&D is expected to grow further. Innovation competence will continue to be a major success factor for internationally operating companies. The book presents a state-of-the-art account of innovation management and the role of R&D and innovation strategy for corporate growth and renewal. It follows a top-down approach starting from corporate strategy, and describes the effective integration of corporate R&D, business unit projects and operational performance improvements. The book offers portraits of leading innovators and high-performing corporations and provides a rich collection of best-practice examples.

Author : Clayton M. Christensen
Publisher : Harvard Business Review Press
Page : 282 pages
File Size : 47,7 Mb
Release : 2013-10-22
Category : Business & Economics
ISBN : 9781422197585

Get Book

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.