In recent years, a great deal of attention has been focussed on the undertaking of managing innovation. Without the right focus, resourcing and capabilities, firms struggle to create value through innovation. However, the task of managing innovation is one of continuous paradoxes where an overly structured mind-set can impede entrepreneurship, creativity, culture and the right conditions for disruption. The question remains of how we can have the right lens to properly understand and appreciate innovation, and how we can have a flexible set of tools, techniques and perspectives to support innovation.

This concise text introduces readers to one of the fundamental ideas in the business world.

Insights into the key ingredients of innovation, including business models, services, entrepreneurship and creativity are analysed alongside core contexts, such as disruptive technology. Students of business and management will appreciate additional coverage of the future of the field, including open innovation and the dark side of digital disruption.

This accessible book provides a thought-provoking, stimulating perspective that will make it a valuable resource for a range of academic and student audiences across business and management disciplines.

part 1|38 pages

A call to action for innovation management

chapter 1|15 pages

The changing nature of innovation management

A reflective essay 1

part 2|57 pages

Key ingredients for successful innovation management

chapter 3|21 pages

Climate for innovation

A critical lever in the leadership of innovation

chapter 5|18 pages

Unveiling “The Innovation Algorithm”

The New Approach to Raising Your Capacity to Innovate

part 3|100 pages

What innovation leaders are doing

chapter 6|22 pages

Brilliant positive deviance

Innovation beyond disconnected and disciplined domains

chapter 7|20 pages

How managers shape innovation culture

Role of talent, routines, and incentives

chapter 9|26 pages

Origins of innovation

Market-driving innovation vs market-driven innovation

part 4|85 pages

The trend toward boundaryless innovation

chapter 11|33 pages

‘Houston, we have a problem

Ambiguity in perceiving ‘open innovation’ by academia, business, and policy-makers’

chapter 12|23 pages

Innovation management in small and medium size enterprises (SMEs)

New perspectives and directions

part 5|114 pages

New standards for managing innovation effectively

chapter 14|25 pages


A decision logic for innovation in dynamic environments

chapter 16|30 pages

Frugal innovation

A structured literature review of antecedents, enablers, implications and directions for future research