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Innovation management practices: cross-sectorial adoption, variation, and effectiveness
journal contribution
posted on 2023-06-09, 00:07 authored by Joseph Tidd, Ben Thuriaux-AlemanInnovation management practices (IMPs) represent the codi?cation of innovation research and management experience, and offer the potential to improve innovation performance. Studies suggest limited awareness of IMPs amongst practitioners, and even lower rates of application, and we know little of their perceived importance or effectiveness in different industries. Our paper assesses the use of eight functional groups of IMPs within and across sectors, drawing on a sample of 292 valid responses, based on survey data and associated and validated case studies. Overall, we ?nd signi?cant variation in usage patterns across sectors and a positive relationship between the use of IMPs and innovation outcomes. However, only a very small number of innovation management practices can be considered to be universally positive, including external technology intelligence gathering, and technology and product portfolio management. We ?nd that the use and effectiveness of most IMPs varies by industry. This suggests there is signi?cant potential for the more widespread application of some IMPs, but that managers must be highly selective.
History
Publication status
- Published
Journal
R&D ManagementISSN
0033-6807Publisher
WileyExternal DOI
Issue
S3Volume
46Page range
1024-1043Department affiliated with
- SPRU - Science Policy Research Unit Publications
Full text available
- No
Peer reviewed?
- Yes