MANAGING AND OPTIMIZING INNOVATION PROCESSES IN COLLABORATIVE AND VALUE CREATING NETWORKS

Management and optimization of innovation processes are highly important for every company that depends on keeping up with market and technological evolution. Methods for the managing and optimizing of innovation processes in networks are just beginning to arise. Among different ways of creating val...

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Bibliographic Details
Published inInternational Journal of Innovation and Technology Management (IJITM) Vol. 8; no. 3; pp. 373 - 391
Main Authors ESCHENBAECHER, JENS, GRASER, FALK
Format Journal Article
LanguageEnglish
Published World Scientific Publishing Company 01.09.2011
World Scientific Publishing
World Scientific Publishing Co. Pte. Ltd
SeriesInternational Journal of Innovation and Technology Management (IJITM)
Subjects
Industry
Information and communication technologies
Innovation
innovation infrastructure
Innovation network
Innovationsmanagement
Leadership
Market
network relationship management
Networks
Organization theory
Scientific research
symbiotic enterprising
Unternehmensnetzwerk
Wertanalyse
network relationship management
Innovation network
symbiotic enterprising
innovation infrastructure
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Summary:Management and optimization of innovation processes are highly important for every company that depends on keeping up with market and technological evolution. Methods for the managing and optimizing of innovation processes in networks are just beginning to arise. Among different ways of creating value, successfully managed innovation processes bear the highest overall potential: On the operational level, it creates immediate value in terms of new products while on the strategic level, survival and competitiveness of the company can be assured by creating long-range, intangible values like technology leadership and a secured position in an ever-changing market environment. Therefore, innovation in networks has entered the spotlight of scientific research and industrial application. It requires new managing concepts and sophisticated information-technology-based tools. In this article, we present a model that allows to manage structural relationships within innovation networks and additionally to introduce a conceptual optimization approach.
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ISSN:0219-8770
1793-6950
1793-6950
DOI:10.1142/S0219877011002374