E-Book Overview
IEEE-USA, 2009. — 26 p.
Doing Innovation: Creating Economic Value comes about from a concern that while innovation appears to receive considerable attention in the academic and business media, these so-called innovations provide little, if any, consistent and significant economic growth. Academia, government, and industry struggle to various degrees to translate ideas into innovations that not only provide for economic growth but also offer some social benefit. Articles that present Innovations-of-the-Year too often describe substitute products with new bells and whistles. These products took considerable effort and talent to market and while interesting, do not provide significant economic value. The Doing Innovation series will include four E-Books that provide the reader with an understanding of the fundamentals of converting ideas into innovations.
E-Book Content
IEEE-USA E-Books Doing Innovation: Creating Economic Value 1 Perspectives on Innovation Book Book Book Book 3 2 Developing a Workable Innovation Process Fostering an Innovation Culture 4 What It Takes to Be an Innovator By Gerard H. (Gus) Gaynor Retired 3M Director of Engineering President, IEEE Technology Management Council Published by IEEE-USA Copyright © 2009 by the IEEE. All rights reserved. Printed in the United States of America Edited by Georgia C. Stelluto, IEEE-USA Publishing Manager Cover design and layout by Josie Thompson, Thompson Design This IEEE-USA publication is made possible through funding provided by a special dues assessment of IEEE members residing in the United States. Copying this material in any form is not permitted without prior written approval from the IEEE. Table Of Contents Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Book I. Perspectives on Innovation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Historical Background of Innovation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Ambiguities Associated with Innovation . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 Innovation as a Management Discipline . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 Basic Concepts of Innovation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 Independent Innovators . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 Organizational Innovators . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 Bottom-up Innovators . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 Top-down Innovators . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Technological Innovations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Management Innovation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 Continuum from Idea to Innovation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 Raw Ideas . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 Concept . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 Invention . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Innovation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 Types of Innovation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 How Innovation Takes Place . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 Brainstorming . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 Creative People . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 Customers . . . . .