ABSTRACT

This introduction presents an overview of the key concepts discussed in the subsequent chapters of this book. The book focuses on innovations that are substantially novel, and involves change and risk, as these are the most challenging and arguably the most consequential for organizations and management. It provides direction through the maze of research on the nature, processes and outcomes of innovation management, and will be an invaluable source for those studying and researching the subject. The book addresses prominent foundational articles in the area, upon which the field has built. It considers the dynamics of innovation, the forces behind it and their outcomes, and the different types of innovation. The book introduces some of the major analytical tools in the field. It includes a selection of the most important empirical studies, both quantitative and qualitative. The book also addresses the most current topical issues in innovation management and its future challenges.