The Strategic Management of Innovation : A Sociological and Economic Theory

By: Jon Sundbo

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Hardcover | 1 January 2002

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This book deals with the complex social process of managing an innovative organization using strategy. Jon Sundbo presents an original sociology-based theory of innovation in firms which combines developments in markets and other environments with internal organizational processes. The fundamental concept of this theory is understanding innovation processes in the context of strategy. The author regards strategy as both an interpretation of environmental developments and an instrument for managing the innovation process. The book takes an evolutionary perspective and combines an "out-in" approach (the market situation determines innovations) with an "in-out" approach (internal organizational processes and entrepreneurship determine innovations). In both cases the implementation of strategy is closely studied and its role as a social process within the firm is emphasized. Significantly, the author combines economic and sociological factors and presents a series of models of the innovation process which are based on empirical studies. The book concludes with a model of macro-innovation factors. Presenting an original theory of innovation within a strategic paradigm, this book should be required reading for all students and academics of economics and business, as well as management consultants and those interested in industrial organizations.

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Non-Fiction Business & Management Business Strategy Business Innovation Engineering & Technology Industrial Chemistry & Manufacturing Technologies Science Science in General Industrial Applications of Scientific Research & Technological Innovation Economics Economic Theory & Philosophy

List of figures	p. vii
Preface	p. ix
Introduction	p. 1
Conceptual and Analytical Framework	p. 9
The Basis of the Theory	p. 11
Strategic Innovation as a Theory of Development	p. 21
Economics-based Innovation Theories and the Strategic Innovation Theory	p. 38
The Sociological Basis of the Strategic Innovation Theory	p. 49
The Elements	p. 61
Market Orientation	p. 63
External Driving Forces	p. 71
The Decision to Innovate: Strategy as a Modifying Factor	p. 76
The Scope for Innovation	p. 83
The Organizational Structure: The Dual Organization	p. 91
The Innovation Process	p. 111
General Model of the Innovation Process	p. 113
The Initialization Phase	p. 117
The Development Phase	p. 138
The Implementation Phase	p. 154
Innovation and Organizational Learning	p. 160
The Macro Level	p. 185
Economic Development in Society: The Interaction Economy	p. 187
A Model of the Innovation System	p. 193
Bibliography	p. 203
Index	p. 213
Table of Contents provided by Syndetics. All Rights Reserved.

The Strategic Management of Innovation : A Sociological and Economic Theory

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