Introduction of an Evaluation Tool to Predict the Probability of Success of Companies: The Innovativeness, Capabilities and Potential Model (ICP)

Successful innovation requires management and in this paper a model to help manage the innovation process is presented. This model can be used to audit the management capability to innovate and to monitor how sales increase is related to innovativeness. The model was developed from a study of compan...

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Autor principal: Lewrick,Michael
Lenguaje:English
Publicado: Universidad Alberto Hurtado. Facultad de Economía y Negocios 2009
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242009000100004
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spelling oai:scielo:S0718-272420090001000042009-07-29Introduction of an Evaluation Tool to Predict the Probability of Success of Companies: The Innovativeness, Capabilities and Potential Model (ICP)Lewrick,Michael Innovation capabilities innovation styles audit tool evaluation tool innovation model benchmarking Successful innovation requires management and in this paper a model to help manage the innovation process is presented. This model can be used to audit the management capability to innovate and to monitor how sales increase is related to innovativeness. The model was developed from a study of companies in the high technology cluster around Munich and validated using statistical procedures. The model was found to be effective at predicting the success or otherwise of the innovation strategy pursued by the company. The use of this model and how it can be used to identify areas for improvement are documented in this paper.info:eu-repo/semantics/openAccessUniversidad Alberto Hurtado. Facultad de Economía y NegociosJournal of technology management & innovation v.4 n.1 20092009-05-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242009000100004en10.4067/S0718-27242009000100004
institution Scielo Chile
collection Scielo Chile
language English
topic Innovation capabilities
innovation styles
audit tool
evaluation tool
innovation model
benchmarking
spellingShingle Innovation capabilities
innovation styles
audit tool
evaluation tool
innovation model
benchmarking
Lewrick,Michael
Introduction of an Evaluation Tool to Predict the Probability of Success of Companies: The Innovativeness, Capabilities and Potential Model (ICP)
description Successful innovation requires management and in this paper a model to help manage the innovation process is presented. This model can be used to audit the management capability to innovate and to monitor how sales increase is related to innovativeness. The model was developed from a study of companies in the high technology cluster around Munich and validated using statistical procedures. The model was found to be effective at predicting the success or otherwise of the innovation strategy pursued by the company. The use of this model and how it can be used to identify areas for improvement are documented in this paper.
author Lewrick,Michael
author_facet Lewrick,Michael
author_sort Lewrick,Michael
title Introduction of an Evaluation Tool to Predict the Probability of Success of Companies: The Innovativeness, Capabilities and Potential Model (ICP)
title_short Introduction of an Evaluation Tool to Predict the Probability of Success of Companies: The Innovativeness, Capabilities and Potential Model (ICP)
title_full Introduction of an Evaluation Tool to Predict the Probability of Success of Companies: The Innovativeness, Capabilities and Potential Model (ICP)
title_fullStr Introduction of an Evaluation Tool to Predict the Probability of Success of Companies: The Innovativeness, Capabilities and Potential Model (ICP)
title_full_unstemmed Introduction of an Evaluation Tool to Predict the Probability of Success of Companies: The Innovativeness, Capabilities and Potential Model (ICP)
title_sort introduction of an evaluation tool to predict the probability of success of companies: the innovativeness, capabilities and potential model (icp)
publisher Universidad Alberto Hurtado. Facultad de Economía y Negocios
publishDate 2009
url http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242009000100004
work_keys_str_mv AT lewrickmichael introductionofanevaluationtooltopredicttheprobabilityofsuccessofcompaniestheinnovativenesscapabilitiesandpotentialmodelicp
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