Innovation for Value and Mission: An Introduction to Innovation Management and Policy

Peet van Biljon

Published by De Gruyter 2022

Innovation for Value and Mission

An Introduction to Innovation Management and Policy

Peet van Biljon

https://doi.org/10.1515/9783110711066

Overview
Contents

About this book

Innovation. No other concept is so widely celebrated, yet so secretly dreaded. The reason: innovation requires managing through uncertainty. This is hard for any organization whether private or public, small or large. This book provides a roadmap for those who want to understand and manage innovation in all its aspects. It explains both the "how" and the "why" of innovation – its economic and policy context as well as the techniques by which it can be orchestrated, along with the management systems needed to govern it. Innovation is uniquely presented through both a private-sector (value-creating) and public-sector (mission-fulfilling) lens.

Topics covered in context include modern innovation and creativity techniques such as design thinking and the Lean Startup, the organizational challenges of innovation, as well as innovation project- and portfolio management techniques. Business-model innovation and open innovation complete the picture from the manager’s perspective. The private and public financing of R&D, startups, and corporate innovation are presented – contrasting the private and public worlds while explaining how they complement each other. Government innovation policy is discussed in its historical and contemporary context, and the innovation policy toolset is introduced.

Continual innovation is vital for companies and countries to prosper. Readers will learn why innovation must follow technological breakthroughs to raise productivity and economic growth, and how innovation – when done right – can benefit larger society. An explanation for unequal growth – that some companies, regions, and countries are not seeing the full productivity gains promised by modern technology – is explored in the context of technology diffusion.

No previous experience in innovation management, economics or public policy is assumed, and the book moves fast to equip the reader with practical tools and techniques. Innovation for Value and Mission is suitable for an introductory graduate level course, or as a desk reference for experienced practitioners and policymakers. Because it connects multiple topic areas and contains ample additional references, the book is also a great resource for those with expertise in one particular area of innovation who desire to branch out into other areas.

Covers the What, the How, and the Why of innovation
Compares and contrasts innovation in the private and public sectors
Puts innovation in its broader societal and economic context during this era of transformation

Author / Editor information

Peet van Biljon advises private- and public-sector clients on innovation management, technology strategy, organizational transformation, and Technology and Innovation Policy. He was formerly a management consultant at McKinsey & Company, where he also managed the firm's global innovation practice. He serves clients in all sectors, but has particular expertise in the high-tech, electronics, software, and advanced manufacturing industries. His current research interests include improving the effectiveness of public spending on innovation; and employing innovation to achieve system-wide sustainability transitions.

Mr. Van Biljon is the founder and CEO of BMNP Strategies LLC, an advisory company. He also serves as an adjunct professor at Georgetown University’s McCourt School of Public Policy, where he has been teaching a graduate course, "Innovation and Public Policy," since 2017.

Articles on innovation and R&D management that he coauthored have been published in MIT Sloan Management Review, Research-Technology Management, and on mckinsey.com. He frequently writes blogs and articles on innovation for magazines. His previous book, Making Money: The History and Future of Society's Most Important Technology, coauthored with Alexandra R. Lajoux, was released in 2020. Earlier, he published a book on business ethics, Profit with a Higher Purpose.

Mr. Van Biljon earned a B.Eng. (Electronic Engineering) degree from the University of Stellenbosch, and B.Com. (Accounting and Economics) and M.Com. (Economics) degrees from the University of South Africa. He is licensed as a professional engineer (P.Eng.) in Ontario, Canada; and is a long-standing member of the Institute of Electrical and Electronics Engineers (IEEE).

Reviews

"This book provides a rich overview of the total landscape all innovators must address, presenting the most important tools and how they connect. It is an excellent resource for both teachers and practitioners of innovation and would have made my own leadership in innovation much easier!"
Wayne Delker, Chief Innovation Officer (ret), The Clorox Company

"Innovation for Value and Mission uniquely connects the world of private-sector innovation with the world of innovation policymaking. It’s a rigorous but accessible introduction to innovation for university students. It’s also a great reference that all innovation practitioners and policymakers should have on their bookshelves."
Magnus Penker, Wall Street Journal & USA Today bestselling author; CEO, Innovation360

“The book contains a strong summary of many important concepts, frameworks, and theories about the business innovation process. It would be an ideal book for introducing the fundamentals as well as providing reference materials for more advanced students.”
Nestor Guimaraes, Professor, College of Business, Tennessee Tech University

Topics

Frontmatter Publicly Available Download PDF	I
Advance Praise for Innovation for Value and Mission: An Introduction to Innovation Management and Policy Publicly Available Download PDF	V
Contents Publicly Available Download PDF	IX
List of Tables Publicly Available Download PDF	XV
List of Figures Publicly Available Download PDF	XVII
Preface and Acknowledgments Publicly Available Download PDF	XIX
Foreword Publicly Available Download PDF	XXIII
Overview of the Book Chapters Publicly Available Download PDF	XXV
Using the Book in a Course Publicly Available Download PDF	XXVII
Abbreviations and Acronyms Publicly Available Download PDF	XXIX
Chapter 1 An Introduction to Innovation Requires Authentication Unlicensed Licensed Download PDF	1
Chapter 2 Technological Progress and Industrial Revolutions Requires Authentication Unlicensed Licensed Download PDF	19
Chapter 3 Economic Growth and Innovation Requires Authentication Unlicensed Licensed Download PDF	47
Chapter 4 People, Creativity, and Organization Requires Authentication Unlicensed Licensed Download PDF	65
Chapter 5 Open Innovation and External Collaboration Requires Authentication Unlicensed Licensed Download PDF	93
Chapter 6 Game Changers: Business Model Innovation and the Lean Startup Requires Authentication Unlicensed Licensed Download PDF	114
Chapter 7 Perspectives on Innovation Management Requires Authentication Unlicensed Licensed Download PDF	134
Chapter 8 Portfolio and Project Management Requires Authentication Unlicensed Licensed Download PDF	161
Chapter 9 Private Financing of Innovation Requires Authentication Unlicensed Licensed Download PDF	187
Chapter 10 Public Financing of R&D and Innovation Requires Authentication Unlicensed Licensed Download PDF	205
Chapter 11 National Innovation Requires Authentication Unlicensed Licensed Download PDF	230
Chapter 12 Innovation Policy Tools and Challenges Requires Authentication Unlicensed Licensed Download PDF	250
Endnotes Requires Authentication Unlicensed Licensed Download PDF	275
Bibliography Requires Authentication Unlicensed Licensed Download PDF	303
About the Author Requires Authentication Unlicensed Licensed Download PDF	323
Index Requires Authentication Unlicensed Licensed Download PDF	325

(Deutsch)

Language: English
Publisher: De Gruyter
Audience: Graduate/undergraduate courses in innovation, company/government training courses, middle/senior managers.
Pages
- Front matter: 32
- Main content: 335
Illustrations
- Illustrations: 23
- Coloured Illustrations: 4
- Tables: 19
Keywords: Innovation; Management; Enterprise; Public Policy; Creativity; Business Model Innovation; Lean Startup: Entrepreneurship; Venture Capital; Economic Growth; Agency Management

eBook

Published: September 20, 2022
ISBN: 9783110711066

Paperback

Published: September 20, 2022
ISBN: 9783110711035