The Innovation Factory - An Approach to Strategic Innovation Management
Proceedings of LWA 2004: Lernen-Wissensentdeckung-Adaptivität, pp. 252-258, German Gesellschaft für Informatik, Berlin, 2004
7 Pages Posted: 30 Nov 2013
Date Written: October 04, 2004
Abstract
In recent years, specifically with respect to the development of the knowledge-based economy, innovation has become a critical issue. In the knowledge economy, innovation increasingly is understood as relating not only to technology, but also to processes and business models. Networking, co-operation, and fluid flow of knowledge impact the way of business and also the way of developing innovations. With this paper, we suggest to address the issue of Strategic Innovation Management by an approach we call the Innovation Factory - a system that fits into both the organisational and technological infrastructure to support the collection, distribution and retrieval of knowledge required to create and support inovation in a cost effective manner. The intention of this contribution is to set out for a roadmap to systematic innovation management, rather than to provide an elaborated concept.
Keywords: Innovation management, Knowledge economy, Knowledge management, Business models
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