January 11, 2025

Innovation Management - Research, Development, Design and Commercialization


2025 India National Productivity Week - 12 - 18 February Theme - From Ideas to Impact: Protecting Intellectual Property for Competitive Startups.

The theme for Productivity Week 2025 provides a crucial platform to address the interconnected challenges and opportunities related to innovation, intellectual property (IP), and productivity within the Indian startup ecosystem.

For industrial engineers innovation and productivity are important themes to focus on. IEs have to organize events, participate in the event actively and promote industrial engineering as the department, function and discipline to promote productivity through innovation.

I am collecting background material to support industrial engineers in preparing for the events of the week.

Background Material - 2025 India National Productivity Week - February 12- 18, Theme - From Ideas to Impact: Protecting Intellectual Property for Competitive Startups.

https://nraoiekc.blogspot.com/2025/01/background-material-2025-india-national.html




What is innovation management?
Innovation management is the process of taking innovative ideas from their inception to implementation.

There are, generally, a few steps to innovation management:

Step one: topic ideation and generation
Arguably the most important stage — which we’ll get into a little more later — is turning a workspace into an innovation ecosystem. Any organization that encourages employees to think creatively, work on passion projects, and collaborate with coworkers is going to find they have a competitive advantage 

Steps 
one: Idea generation
two: recording and sharing 
three: innovation evaluation
four: organize and implement


Innovation Management - Wikipedia Article

Innovation management is a combination of the management of innovation processes, and change management. It refers to product, manufacturing, supply chain process,  business process, marketing and organizational innovation. Innovation management is the subject of ISO 56000 series standards being developed by ISO TC 279.




2017

May

HOW TO APPLY LEAN THINKING IN INNOVATION, PRODUCT AND SERVICE DEVELOPMENT
Matti Perttula

Lean production seeks to increase flow (not resource) efficiency by reducing waste. Flow efficiency is calculated by dividing added value time with total time. The usual situation is that companies focus on resource efficiency rather than flow efficiency of a certain project.

 Flow efficiency is  typically lower in R&D compared to production.


Dynamic Capabilities and Strategic Management: Organizing for Innovation and Growth


David J. Teece
OUP Oxford, 26 Mar 2009 - Business & Economics - 302 pages
How do firms compete? How do firms earn above normal returns? What's needed to sustain superior performance long term? An increasingly powerful answer to these fundamental questions of business strategy lies in the concept of dynamic capabilities. These are the skills, processes, routines, organizational structures, and disciplines that enable firms to build, employ, and orchestrate intangible assets relevant to satisfying customer needs, and which cannot be readily replicated by competitors. Enterprises with strong dynamic capabilities are intensely entrepreneurial. They not only adapt to business ecosystems; they also shape them through innovation, collaboration, learning, and involvement. David Teece was the pioneer of the dynamic capabilities perspective. It is grounded in 25 years of his research, teaching, and consultancy. His ideas have been influential in business strategy, management, and economics, and are relevant to innovation, technology management, and competition policy. Through his consultancy and advisory work he has also brought these ideas to bear in business and policy making around the world. This book is the clearest and most succinct statement of the core ideas of dynamic capabilities. Teece explains their genesis, application, and how they offer an alternative approach to much conventional strategic thinking grounded in simplistic and outdated understandings of industrial organizations and the foundations of competitive advantage. Accessibly written and presented, it will be an invaluable and stimulating tool for all those who want to understand this important contribution to strategic thinking, be they MBA students, academics, managers, or consultants.

Protection of intellectual property is mentioned in the first chapter itself.

Dynamic capabilities are capabilities to improve the current assets created by the existing capabilities.

Competition decreases the advantages of  the current assets. Dynamic capabilities increase the advantages of the firm's assets.  


Related LinkedIn profiles

Munish Sudan

Head, Intellectual Property & External Research Collaborations
TATA Steel


Creating something new is only half the battle. Without a strategy to capture and profit from your invention, it's essentially worthless. Ignoring intellectual property protection puts you at a significant disadvantage from the start. True victory lies not just in the invention itself, but in harvesting its rewards, capturing its value, and securing your rightful place in the innovative landscape.




Innovartion Management Evolution Map




Economics of Science and Technology
Jeffrey Parker, Reed College
Fall 2011
Interesting Readings on Innovation, Technology, Productivity etc.


Nathan Rosenberg
Stanford University | SU · Department of Economics
REsearch Gate Papers - Very important


Ud. 2.1.2025
Pub. 29.5.2017












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