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By Marco Cantamessa, Francesca Montagna

Presenting an built-in and holistic viewpoint on innovation administration and product layout and improvement, this monograph deals a special and unique realizing of ways those views are interconnected. This publication explores those subject matters in a scientifically rigorous demeanour, associating educational findings with examples from enterprise. It offers readers with the conceptual and decision-making instruments required to appreciate and deal with the method of innovation at various degrees, from the research of industry-wide phenomena to the formula of a method and from the making plans of operations to the administration of technical offerings. Chapters disguise innovation as an financial and social phenomenon, the formula of innovation procedure, the administration of product improvement tactics and initiatives and the technical layout of goods and companies. supplying a useful source to postgraduate scholars in economics, company and engineering, this ebook is usually meant for managers and entrepreneurs.

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Extra resources for Management of Innovation and Product Development: Integrating Business and Technological Perspectives

Sample text

She may attempt a theoretical explanation, such as “probably in the mountains it’s much colder”, which may or not be the real one (as a matter of fact, it isn’t). Empirical and theoretical knowledge are nonetheless tightly related. Following Poincaré* (1902), it is impossible to draw knowledge from experience “without prior ideas”, since it is background knowledge that allows a person to structure, name, and classify observations into knowledge elements. • Procedural knowledge. This is a still higher level of knowledge, and is the one we usually associate with the term know-how.

R. 6 Composites structured Solar powered turbojet Metal structure IC engine + Propeller Wood + fabric structure IC engine + Propeller 1919 Supersonic Turboprop 1933 1938 1948 1949 1970 1976 2001 2011 time Fig. 1 A qualitative depiction of the progress of civil aviation history using s-curves innovation that accompanies evolutionary progress, during which a given technology is improved and fine-tuned according to customer needs. Conversely, technology push will mainly occur in the revolutionary phases, when firms are forced to “look around” for new solutions that may overcome the technological limit that characterizes the current technology.

Telling time), which could very well be covered by an inexpensive quartz movement. 7 Of course, it is always easier to use theory for retrospectively interpreting history, than using it to forecast what will happen in the future. In some cases, a new technology can overcome an existing one, without the latter actually having to reach its limit, but simply because the former provides higher performance and/or a combination of features that the market considers to be superior. In this case, one can speak about discontinuous technology (Schilling 2009).

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