Radical and open innovation : the challenge for established firms

Thesis: S.M. in Management Studies, Massachusetts Institute of Technology, Sloan School of Management, 2014.

Bibliographic Details
Main Author: Leroy, Charlotte, S.M. Massachusetts Institute of Technology
Other Authors: Michael A. Cusumano.
Format: Thesis
Language:eng
Published: Massachusetts Institute of Technology 2014
Subjects:
Online Access:http://hdl.handle.net/1721.1/90745
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author Leroy, Charlotte, S.M. Massachusetts Institute of Technology
author2 Michael A. Cusumano.
author_facet Michael A. Cusumano.
Leroy, Charlotte, S.M. Massachusetts Institute of Technology
author_sort Leroy, Charlotte, S.M. Massachusetts Institute of Technology
collection MIT
description Thesis: S.M. in Management Studies, Massachusetts Institute of Technology, Sloan School of Management, 2014.
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spelling mit-1721.1/907452019-04-12T21:04:04Z Radical and open innovation : the challenge for established firms Best practices in innovation centers Leroy, Charlotte, S.M. Massachusetts Institute of Technology Michael A. Cusumano. Sloan School of Management. Sloan School of Management. Sloan School of Management. Thesis: S.M. in Management Studies, Massachusetts Institute of Technology, Sloan School of Management, 2014. Title as it appears in MIT commencement exercises program, June 6, 2014: Best practices in innovation centers. Cataloged from PDF version of thesis. Includes bibliographical references (pages 37-40). Past research has shown that breakthrough innovations are often prevalent in the context of entrants rather than incumbents. There are many challenges associated with radical and open innovation initiatives for established firms. Innovation theory provides insights into one main challenge which is the definition of innovation and innovativeness itself especially with regards to its level of radicalism. The shift towards the paradigm of open innovation described by Chesbrough has made it even harder for established companies to set a strategy for managing innovation. This thesis draws on academic research as well as practitioners of innovation management recommendations to prescribe innovation strategies together with key success factors. It focuses on the case of "Innovation centers" - pockets of innovation-minded employees embedded in the larger structure. These innovation centers encompass different types of initiatives such as incubation and acceleration, rapid prototyping, identification of strategic partnerships, trend watching and ethnography. This thesis provides an illustration of innovation centers through a study of the organizational setup and challenges encountered by four innovation centers. by Charlotte Leroy. S.M. in Management Studies 2014-10-08T15:26:33Z 2014-10-08T15:26:33Z 2014 2014 Thesis http://hdl.handle.net/1721.1/90745 891337259 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 ix, 40 pages application/pdf Massachusetts Institute of Technology
spellingShingle Sloan School of Management.
Leroy, Charlotte, S.M. Massachusetts Institute of Technology
Radical and open innovation : the challenge for established firms
title Radical and open innovation : the challenge for established firms
title_full Radical and open innovation : the challenge for established firms
title_fullStr Radical and open innovation : the challenge for established firms
title_full_unstemmed Radical and open innovation : the challenge for established firms
title_short Radical and open innovation : the challenge for established firms
title_sort radical and open innovation the challenge for established firms
topic Sloan School of Management.
url http://hdl.handle.net/1721.1/90745
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