Innovation Process Models and Their Evolution
Research output: Contributions to collected editions/works › Chapter › peer-review
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Bringing technology and innovation into the boardroom: Strategy, innovation and competences for business value. 1. ed. Palgrave Macmillan, 2004. p. 326-346.
Research output: Contributions to collected editions/works › Chapter › peer-review
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TY - CHAP
T1 - Innovation Process Models and Their Evolution
AU - Herstatt, Cornelius
AU - Verworn, Birgit
PY - 2004
Y1 - 2004
N2 - In practice as well as in management research, process models are an important element of innovation management to standardize or describe innovation processes. The literature presents numerous process models, which are difficult to overlook. This raises several questions: What is the benefit of standardized innovation processes? Why are there different process models? Is there ‘one best way’? This chapter attempts to introduce people involved in innovation management to process models. With this purpose in mind, we give a brief review of the emergence and advancement of innovation process models in two parts of the world (the Anglo-American and German-speaking world), highlight pros and cons and discuss the implications for current innovation practice. In order to achieve this, we focus on models which had a significant effect on practice or research.
AB - In practice as well as in management research, process models are an important element of innovation management to standardize or describe innovation processes. The literature presents numerous process models, which are difficult to overlook. This raises several questions: What is the benefit of standardized innovation processes? Why are there different process models? Is there ‘one best way’? This chapter attempts to introduce people involved in innovation management to process models. With this purpose in mind, we give a brief review of the emergence and advancement of innovation process models in two parts of the world (the Anglo-American and German-speaking world), highlight pros and cons and discuss the implications for current innovation practice. In order to achieve this, we focus on models which had a significant effect on practice or research.
KW - Management studies
U2 - 10.1057/9780230512771_15
DO - 10.1057/9780230512771_15
M3 - Chapter
SN - 978-1-349-43246-2
SN - 978-0-333-99459-7
SP - 326
EP - 346
BT - Bringing technology and innovation into the boardroom
PB - Palgrave Macmillan
ER -
