Innovation/Entrepren
Select one of the organizations that your team wrote about in the Week 2 Learning Team Assignment: Innovation/Entrepreneurial Mishaps. Keep this organization in mind for your Week 4 and 5 Learning Team assignments.
Develop a 525- to 700-word annotated bibliography of five or more references on the following topics: innovation measurement and reward systems, creative problem solving, and innovation implementation and evaluation. Be sure to include the following:
- APA-formatted references (each from a different author)
- An abstract of 100 to 200 words for each reference
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Innovation Implementation and Evaluation: Annotated Bibliography
Grönlund, J., Sjödin, D. R., & Frishammar, J. (2010). Open innovation and the stage-gate process: A revised model for new product development. California Management Review, 52(3), 106-131.
According to this research, the contemporary business sector is increasingly moving towards the incorporation of technology and innovative practices as a standard of engagement in business. Consequently, the exploration of the open approach to innovation as herein discussed helps the audience understand that although open communication between different stakeholders within an industry would be encouraged to increase the rate of innovation, it also presents challenges to the management involved within the various companies, and by extension affects the larger business environment.
(648 words)