Innovation

433 Pages·2022·4.684 MB·English

by  Renu Agarwal, Eric Patterson, Sancheeta Pugalia, Roy Green

INNOVATION
In recent years, a great deal of attention has been focussed on the undertaking of
managing innovation. Without the right focus, resourcing and capabilities, firms
struggle to create value through innovation. However, the task of managing
innovation is one of continuous paradoxes where an overly structured mind-set
can impede entrepreneurship, creativity, culture and the right conditions for
disruption. The question remains of how we can have the right lens to properly
understand and appreciate innovation, and how we can have a flexible set of
tools, techniques and perspectives to support innovation.
This concise text introduces readers to one of the fundamental ideas in the
business world.
Insights into the key ingredients of innovation, including business models,
services, entrepreneurship and creativity are analysed alongside core contexts,
such as disruptive technology. Students of business and management will appre-
ciate additional coverage of the future of the field, including open innovation and
the dark side of digital disruption.
This accessible book provides a thought-provoking, stimulating perspective
that will make it a valuable resource for a range of academic and student audi-
ences across business and management disciplines.
Renu Agarwal is Professor in Management at the UTS Business School, Sydney.
Her research interests are quite diverse including the disciplinary fields of service
innovation, service value networks, supply chain management, dynamic capabil-
ity building, management practices, innovation and productivity. Her research
study and teaching include strategic supply chain management, innovation and
entrepreneurship, fostering and measuring dynamic management capabilities
that enhance organisational and managerial capabilities.
Eric Patterson is a Director for a multinational consulting firm advising major
government organisations on business planning and strategy execution. He works
across multiple levels of Australian government on programmes and priorities
delivering new infrastructure and services, and improvements in the workings of
government. His expertise spans government portfolio management, investment
planning and programme assurance in transport, education, justice/defence, civil
government, and energy and utilities.
Sancheeta Pugalia is a final-year Doctorate student in the School of I nformation,
Systems, and Modelling at University Technology Sydney, Australia. Her area
of expertise is entrepreneurship and innovation. Building on her expertise, her
doctorate research focusses on looking at women entrepreneurs in the technol-
ogy sector where she closely monitors the root causes of lower participation rate
of women entrepreneurs in this industry. Prior to pursuing her PhD, she did
her Master by Research programme from the Indian Institute of Technology
Madras, India, and focussed her research in the area of student entrepreneurship.
Roy Green is Emeritus Professor and Special Innovation Advisor at the
University of Technology Sydney. Roy graduated with first-class honours from
the University of Adelaide and gained a PhD in Economics from the University
of Cambridge, where he was also a Research Fellow. He has worked in universi-
ties, business and government in Australia and overseas, including as Dean of the
UTS Business School, Dean of the Macquarie Graduate School of Management
and Dean and Vice-President for Research at the National University of Ireland,
Galway. He is also a Conjoint Professor at the University of Newcastle and a
Fellow of the Irish Academy of Management.
INNOVATION
Edited by
Renu Agarwal, Eric Patterson,
Sancheeta Pugalia and Roy Green
Cover image: Getty/Eoneren
First published 2023
by Routledge
4 Park Square, Milton Park, Abingdon, Oxon OX14 4RN
and by Routledge
605 Third Avenue, New York, NY 10158
Routledge is an imprint of the Taylor & Francis Group, an informa business
© 2023 selection and editorial matter, Renu Agarwal, Eric Patterson,
Sancheeta Pugalia and Roy Green; individual chapters, the contributors
The right of Renu Agarwal, Eric Patterson, Sancheeta Pugalia and Roy
Green to be identified as the authors of the editorial material, and of the
authors for their individual chapters, has been asserted in accordance
with sections 77 and 78 of the Copyright, Designs and Patents Act 1988.
All rights reserved. No part of this book may be reprinted or reproduced
or utilised in any form or by any electronic, mechanical, or other
means, now known or hereafter invented, including photocopying and
recording, or in any information storage or retrieval system, without
permission in writing from the publishers.
Trademark notice: Product or corporate names may be trademarks
or registered trademarks, and are used only for identification and
explanation without intent to infringe.
British Library Cataloguing-in-Publication Data
A catalogue record for this book is available from the British Library
Library of Congress Cataloging-in-Publication Data
A catalog record has been requested for this book
ISBN: 978-0-367-36442-7 (hbk)
ISBN: 978-0-367-34302-6 (pbk)
ISBN: 978-0-429-34603-3 (ebk)
DOI: 10.4324/9780429346033
Typeset in Bembo
by codeMantra
CONTENTS
List of figures ix
List of tables xi
Editors xiii
Contributors xvii
Preface xxvii
PART 1
A call to action for innovation management 1
1 The changing nature of innovation management:
a reflective essay 2
Mark Dodgson
2 Setting up for Innovation Management 17
Mathew Donald
PART 2
Key ingredients for successful innovation management 39
3 Climate for innovation: a critical lever in the
leadership of innovation 40
Rob Sheffield, Selen Kars-Unluoglu and Carol Jarvis
vi Contents
4 Mobilizing management controls in innovation projects 61
Minna Saunila and Ilse Svensson de Jong
5 Unveiling “The Innovation Algorithm”: the New
Approach to Raising Your Capacity to Innovate 78
Vincent Ogutu and Andrew Levi
PART 3
What innovation leaders are doing 97
6 Brilliant positive deviance: innovation beyond
disconnected and disciplined domains 99
Ann Dadich
7 How managers shape innovation culture: role of
talent, routines, and incentives 121
Rajul G. Joshi and Pavan Soni
8 Management tools for business model innovation –
a review 141
Hussan Munir Lars Bengtsson and Emil Åkesson
9 Origins of innovation: market-driving innovation vs
market-driven innovation 159
Onnida Thongpravati
10 Innovation ecosystems as a source of renewal for
innovative enterprises 185
Anna Nikina-Ruohonen
PART 4
The trend toward boundaryless innovation 197
11 ‘Houston, we have a problem: ambiguity in
perceiving ‘open innovation’ by academia,
business, and policy-makers’ 198
Ekaterina Albats and Daria Podmetina
12 Innovation management in small and medium size
enterprises (SMEs): new perspectives and directions 231
Athanasios Hadjimanolis
Contents vii
13 Leading public sector innovation management 254
Tony Katsigiannis
PART 5
New standards for managing innovation effectively 283
14 Effectuation: a decision logic for innovation in
dynamic environments 285
Catherine Killen
15 Benefiting from innovation – Playing the
appropriability cards 310
Jialei Yang and Pia Hurmelinna-Laukkanen
16 Frugal innovation: a structured literature review of
antecedents, enablers, implications and directions for
future research 332
Jayshree Jaiswal, Amit Anand Tiwari, Samrat Gupta and
Renu Agarwal
17 Dynamic Capabilities and Innovation 362
Ali Ahmadi and Felix Arndt
18 Innovation Management as a Dynamic Capability for
a Volatile, Uncertain, Complex and Ambiguous World 378
Eric Patterson, Sancheeta Pugalia and Renu Agarwal
Index 397

FIGURES
2.1 Proposed new age organisational model 29
5.1 Graphical representation of Design Thinking Methodology 84
5.2 The Innovation Algorithm, graphically represented 92
6.1 Home visits 106
6.2 Unsolicited appreciation from bereaved family members 108
7.1 Three levers of cultural transformation: Talent, Routines and
Incentives 127
8.1 Research method 143
9.1 Operationalisation of product innovativeness 162
9.2 Defining types of product innovation 170
9.3 The market-driving innovation and market-driven innovation
model 173
9.4 The changing focus of market orientation from “market-
driven” to “market-driving” 174
12.1 Framework of innovation management in SMEs 242
13.1 Five-step innovation process adopted from the Eggers and
Singh model 273
15.1 Developments of PFI and value capture theory, and their links 314
15.2 The original profit from innovation (PFI) framework 315
15.3 Benefit from innovation framework 317
16.1 Paper selection and review process 342
16.2 Representation of frugal innovation across various industries
and domains 348
16.3 Conceptual framework for future research on FI 352
17.1 Roundabout of dynamic capabilities and innovation 365