Introduction: Managing Innovation in Turbulent Times

Alexander Gerybadze, Ulrich Hommel, Hans W. Reiners and Dieter Thomaschewski ()
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Alexander Gerybadze: University of Hohenheim
Ulrich Hommel: European Business School
Hans W. Reiners: BASF SE
Dieter Thomaschewski: Ludwigshafen University of Applied Sciences

A chapter in Innovation and International Corporate Growth, 2010, pp 1-7 from Springer

Abstract: Abstract Innovation is the engine of growth and corporate restructuring. During phases of persistent growth (e.g. during the period from 1990 to 2008), this message is simple and straightforward. But what happens to innovation when the economy is characterized by “engine failure”, and how does this effect the management of R&D and the role of innovation during a severe crisis? This book on Innovation and International Corporate Growth was planned just before the financial shock that turned world business upside down. Who will still be interested in a new book on innovation when firms and financial institutions are going bankrupt and managers are most concerned with reducing costs and with keeping their business running?

Keywords: Innovation Process; Innovation Activity; Innovation Management; Family Ownership; Corporate Venture Capital (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-10823-5_1

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DOI: 10.1007/978-3-642-10823-5_1

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