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What is innovation management and why your organization needs it

hackerearth

Source: Dr. Linda Beltz, organizational structures for open innovation, 2011. The focus area (new markets, new uses, the source of ideas, line extensions, product development, etc.) Innovation management has now clearly emerged as a subset of strategic management, with companies unwilling to leave innovation only with the R&D wing.

article thumbnail

What is innovation management and why your organization needs it

hackerearth

Source: Dr. Linda Beltz, organizational structures for open innovation, 2011. The focus area (new markets, new uses, the source of ideas, line extensions, product development, etc.) Innovation management has now clearly emerged as a subset of strategic management, with companies unwilling to leave innovation only with the R&D wing.