Innovation is the process through which knowledge-technological, commercial and strategic-
is transformed into new marketable propositions. When innovations are introduced to the …

Extending Teece's landmark 1986 article, we consider how innovators benefit from value
appropriation and creation. We elaborate on value appropriation, first by pointing out the …

Innovation is omnipresent in today's world. Yet, our understanding of innovation from a value
chain perspective has so far been piecemeal. The present paper aims to address this …

Innovation is central to the survival and growth of firms, and ultimately to the health of the
economies of which they are part. A clear understanding both of the processes by which …

We present the first innovation value chain analysis for a representative sample of new
technology based firms (NTBFs) in the UK. This involves determining which factors lead to …

Innovation is said to be the key to future markets, business development and economic
growth, yet the concept of innovation remains abstract and ambiguous. This paper suggests …

In “Reaping Value From Knowledge and Innovation”(SPA-12-8169), Gartner described how
continuous and leveragable innovation depends on the integration of strategic, human …

The innovation value chain (IVC) divides the innovation process into three separate links or
activities: knowledge gathering, knowledge transformation and knowledge exploitation …

The key issue with strategic decisions is anticipating where the competitive environment
may move in the future. A variety of tools exist to help decision-makers with forward-looking …

The challenges of coming up with fresh ideas and realizing profits from them are different for
every company. One firm may excel at finding good ideas but may have weak systems for …