Chapter 12. MODELS FOR IMPLEMENTING INCREMENTAL AND RADICAL INNOVATION
"In my view, the word innovation has become overused, clichéd, and meaningless.... I detest the mechanism that spits (such fads) up because they are so much easier to talk about than to do."
Andy Grove (MacGregor, 2007, p 54)
The term innovation has been used so frequently in so many contexts it risks losing meaning. Nonetheless, success in creating value from novel ideas is arguably among the most formidable challenges faced by organizations and nations today. Technological innovation, which channels research and development (R&D) to the marketplace, has increasingly become the lifeblood of economic development as well as the hope for solutions to the world's pressing social ...
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