Living innovation : fom value creation to the greater good / Sang M. Lee (University of Nebraska-Lincoln, USA), and Seongbae Lim (St. Mary's University, USA).

Format:

Book

Author/Creator:

Lee, Sang M., 1939- author.

Lim, Seongbae, author.

Series:

Emerald points.

Emerald points

Language:

English

Subjects (All):

Technological innovations.

Physical Description:

1 online resource (163 pages) : illustrations.

Edition:

First edition.

Place of Publication:

Bingley : Emerald Publishing, 2018.

Summary:

The concept of innovation is always changing. Innovation systems are no longer rigid structures, but agile and self-healing systems. And the goal of innovation is no longer limited to value-creation for organizations, but often aims for much nobler goals: namely, creating a smart future where people are happy, where organizations thrive, and where the environment flourishes. The emerging innovation paradigm for building a smart future is the practice of 'lived' innovation.Here innovation and knowledge management experts Sang M. Lee and Seongbae Lim offer a roadmap to these new territories and their futures. Drawing upon real-world examples from across the globe, they explain the fundamentals of innovation; they introduce emerging innovation tools such as convergence management, co-creation, and design thinking; and they outline a new innovation strategy, co-innovation, by which many partners and stakeholders collaborate to achieve shared goals. Along the way, they also examine several daunting, negative impacts of innovation in the digital age---job losses, wealth inequality, and sustainability and environmental issues---in order to demonstrate why innovation must focus on the greater social good. 'Living Innovation' is essential reading for business executives, public administrators, innovation researchers, and anyone eager to confront major twenty-first-century challenges in new ways.

Contents:

Front Cover

Living Innovation: From Value Creation to the Greater Good

Copyright Page

Acknowledgments

Contents

List of Figures

List of Tables

About the Authors

Prelude

P.1 Human History and Innovation

P.2 New Market Forces

P.3 The Brave New World of Living Innovation

Chapter 1 Megatrends and Innovation

1.1. Megatrends

1.2. The Evolution of Strategic Focus

Chapter 2 Concept of Innovation

2.1. Definitions of Innovation

2.2. Invention and Innovation

2.3. Classification of Innovation

Chapter 3 Sources of Innovation: Past, Present, and Future

3.1. Sources of Innovation: Past

3.2. Sources of Innovation: Present

3.3. Sources of Innovation: Future

Chapter 4 Evolution of Innovation

4.1. Innovation 1.0: Closed Innovation

4.2. Innovation 2.0: Collaborative Innovation

4.3. Innovation 3.0: Open and Free Innovation

4.4. Innovation 4.0: Co-innovation

4.5. Innovation 5.0: Living Innovation

Chapter 5 Advent of Living Innovation

5.1. New Innovation Leadership

5.2. Application of New Technologies and Management Systems

5.3. New Value Creation Paradigm

5.4. Structure of the Living Innovation Ecosystem

5.5. Goals of Living Innovation

Chapter 6 Convergence Revolution

6.1. Background on the Advent of Convergence

6.2. Definition of Convergence

6.3. Types of Convergence

6.3.1. Application Convergence

6.3.2. Combination Convergence

6.3.2.1. Component and Product Convergence

6.3.2.2. Functional Convergence

6.3.2.3. Organizational Convergence

6.3.2.4. Industry Convergence

6.3.2.5. Technological Convergence

6.3.2.6. Bio-artificial System Convergence

Chapter 7 Design Thinking

7.1. Characteristics of Design Thinking

7.2. Application Process of Design Thinking

7.3. Design Thinking and Living Innovation.

Chapter 8 Innovation Ecosystems

8.1. Era of Single-company-oriented Competition

8.2. Era of Value-chain-oriented Competition

8.3. Era of Platform-oriented Competition

8.4. Era of Ecosystem-oriented Competition

8.5. The Living Innovation Ecosystem

Chapter 9 Innovation and Entrepreneurship in the Digital Age

9.1. Entrepreneurial Orientation

9.2. Innovation and Entrepreneurship

Chapter 10 The Future of Innovation

10.1. The Global Digital Age

10.2. From a Stable Innovation Structure to the Living Innovation Ecosystem

10.3. From Value Creation to Developing a Smart Future

10.4. Innovation for the Greater Good

10.5. The Brave New World of Living Innovation

10.6. Critical Areas of Living Innovation in the Digital Age

Bibliography

Index.

Notes:

Includes index.

Includes bibliographical references.

Print version record

ISBN:

9781787567153

178756715X

9781787567139

1787567133