This video presents considerations for successful innovation management. Innovation is driven by the ability to see connections, to spot opportunities and to take advantages of them. In essence, innovation is about bringing something new into the world: an idea, a behavior, or an object. Innovation Management, on the other hand, is the practice of managing new and creative ideas. This means firms need to address multiple determinants at distinct levels, from the individual to the organizational, to enhance their open innovation management.
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