June 17, 2004
Innovation Networks
A New Market Structure Will Revitalize Invention-To-Innovation Cycles
This is the first document in the "Innovation Networks Boost Profit" series.
by Navi Radjou
with Bobby Cameron, Erin Kinikin, Liz Herbert
Executive Summary (This is a document excerpt)
Finicky customers, ruthless competition, and stringent regulations are accelerating demand for technology-enabled innovation. But supply-side deficiency and ineffectiveness hamper firms' ability to convert inventions into profitable innovations. The result? A new market ecosystem — called Innovation Networks — will emerge to match global demand for innovation with worldwide supply. Innovation Networks will let firms fluidly weave internally and externally available invention and innovation services to optimize the profitability of their products, services, and business models. Innovation Networks will deconstruct vertically integrated invention-to-innovation cycles in software, finance, and CPG industries — and reinvent the formula for success in regional, national, and global markets.
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WHAT IT MEANS
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Forrester spoke with vendors, user companies, and academic institutions, including: Arizona Technology Enterprises, Boeing, Deloitte Consulting, Harvard Business School, Knowledge Campus, Medtronic, Procter & Gamble, and Stanford University. Related Research Documents
May 14, 2004, Trends
January 6, 2004, Brief
August 18, 2003, Brief
August 22, 2002, Brief |
Accelerating Demand For Innovation Outpaces Firms' Supply
Six Ineffective Practices Stall The Invention-To-Innovation CycleFind Documents In Related CategoriesThis document falls under the following categories. Click on a link below to find similar documents.
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Original air date: Friday, September 05, 2008
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