Titlebook: Resolving the Innovation Paradox; Enhancing Growth in Georges Haour Book 2004 Palgrave Macmillan, a division of Macmillan Publishers Limit

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ow how is effectively converted into value. The paradox is that they rarely do. Resolving the Innovation Paradox shows how to put innovation for longer-term growth at the centre of the CEO radar. One tool is distributed innovation . Distributed innovation offers companies two main benefits. First, c

NIP

Redefining Innovation Management: the Distributed Innovation System, a . of the business activities of the firm. In these relatively rare cases, the firm has voluntarily engaged in a relentless transformation of the nature of its business. Examples such as Danone, Nokia and Samsung will be described.

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Energizing the Distributed Innovation System with Entrepreneurship,ng out for these sources and ‘import’ some of their technical expertise in order to complement their internal capabilities. Channelling additional expertise in this way allows the company to more effectively develop products and services for high value creation. It removes the constraints imposed by relying excessively on internal resources.

Heart-Attack

Innovation is Survival,eating economic value. The penalty for not innovating is enormous. Innovation manifests itself in many different ways and is very hazardous to predict, both in its timing and in its consequences. It is difficult to manage the process of making it emerge and succeed.

Modicum

The CEO as Innovation Champion,t this issue on top of their action-list, resolving it involves providing appropriate incentives to the CEOs, while fostering a governance system more supportive of value-creating innovations over the longer term.

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TAP

Redefining Innovation Management: the Distributed Innovation System,r portfolio of activities, the rationale being to concentrate resources on those activities in which they considered they had the best chances of winning in the competitive race. Firms have therefore drastically redefined their . In some cases, this redefinition has been so radical that it has meant

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Presbycusis

Conclusion: Creating Value and Growth through Distributed Innovation,uring. When it comes to technical innovation developments, however, firms have been more cautious in modifying their mode of operating. It is high time for technology firms to envisage innovation in a new perspective.