Innovation Ability

Richard Cuthbertson, Peder Inge Furseth and Stephen J. Ezell
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Richard Cuthbertson: University of Oxford
Peder Inge Furseth: BI Norwegian Business School
Stephen J. Ezell: Information Technology and Innovation Foundation

Chapter 6 in Innovating in a Service-Driven Economy, 2015, pp 85-95 from Palgrave Macmillan

Abstract: Abstract This chapter discusses four statements regarding Innovation Ability: “A better business model will often beat a better idea or technology.” — Chesbrough, 2007.1 “Ultimately, it is the customers who define the value of innovation.” — Furseth, Cuthbertson, and Reynolds, 2011.2 “Both customer and competitor orientation can be successfully used to develop innovative products and services.” — Grinstein, 2008.3 “When an established logic for satisfying consumer needs is overturned, the business model must change too.” — Teece, 2010.4

Keywords: Business Model; Customer Orientation; Innovative Product; Customer Experience; Innovation Capacity (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-40903-4_6

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DOI: 10.1057/9781137409034_6

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