For Business Process Professionals

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	June 17, 2004 Innovation Networks A New Market Structure Will Revitalize Invention-To-Innovation Cycles by Navi Radjou with Bobby Cameron, Erin Kinikin, Liz Herbert	Average: 9  (1 rating)

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Executive Summary

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.

TABLE OF CONTENTS

• Accelerating Demand For Innovation Outpaces Firms' Supply
• A New Market Structure Will Balance Innovation Demand And Supply
• Innovation Networks Will Reshape Tech-Dependent Industries First

RECOMMENDATIONS

• Firms Must Adopt Innovation Networks Beginning With Their Core

WHAT IT MEANS

• Innovation Networks Will Reshape Industries, Regions, And Countries

ALTERNATIVE VIEW

• Isolationist Policies And IP Laws Could Choke Innovation Networks
• Supplemental Material
• Related Research Documents

This is an excerpt

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