Opportunities and challenges in the new innovation landscape: Implications for innovation auditing and innovation management

Forskningsoutput: TidskriftsbidragArtikel i vetenskaplig tidskrift

Abstract

Innovation auditing is a well-established practice used by managers to identify strengths and weaknesses in innovation. Existing audit frameworks fall short, however, because they neglect three major trends that currently transform the innovation landscape. These trends are as follows: 1) a shift from closed to more open models of innovation (“openness”), 2) a shift from providing physical products to industrial product–services (“servitization”), and 3) a shift from an analog to a highly digitalized world (“digitalization”). This article identifies new innovation practices, opportunities, and challenges that arise for manufacturing firms along these trends. The article proposes a revised innovation audit framework, which acknowledges these trends and supports innovation management in increasingly dynamic and competitive environments.

Detaljer

Författare
Enheter & grupper
Externa organisationer
  • Luleå University of Technology
  • Stockholm School of Economics
  • KTH Royal Institute of Technology
Forskningsområden

Ämnesklassifikation (UKÄ) – OBLIGATORISK

  • Företagsekonomi

Nyckelord

Originalspråkengelska
Sidor (från-till)151-164
TidskriftEuropean Management Journal
Volym37
Utgåva nummer2
Tidigt onlinedatum2018 maj 30
StatusPublished - 2019
PublikationskategoriForskning
Peer review utfördJa