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    Profiting from Innovation: The Report of the Three-Year Study from the National Academy of Engineering
    Profiting from Innovation: The Report of the Three-Year Study from the National Academy of Engineering
    Profiting from Innovation: The Report of the Three-Year Study from the National Academy of Engineering
    Ebook214 pages2 hours

    Profiting from Innovation: The Report of the Three-Year Study from the National Academy of Engineering

    By William G. Howard

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    About this ebook

    American industry is renowned for its scientific and technical breakthroughs -- and equally famous for its visible failures in commercializing its own technology. Drawing on many examples of successful innovation management, an elite panel of the nation's most accomplished technical managers demonstrates how companies can transform new ideas into products efficiently and systematically by removing the barriers that surround innovative technology.

    This book reveals how technical innovation occurs in distinct patterns, and explains how pure technological advance relates to the organizations and markets it affects. Early in the life of a new technology, value lies in the search for applications and means, and the benefits come from being early to market. Later, value comes from executing product, process, quality, or service improvements sooner than others do. Finally, value comes from correctly managing mature products. The authors emphasize that recognizing and understanding these patterns enable managers to structure and prosecute commercialization activities, and relate internal capabilities to external opportunities. Since goals and techniques must vary with the characteristics and maturity of the technology, the requirements of production, and the parameters of competition in each industry, management must be flexible in the methods and strategies it selects.

    This nuts-and-bolts handbook demonstrates how managing technical resources is as important to the paper clip business as it is to microelectronics, and describes and illustrates tools and techniques to help managers keep commercialization efforts in any business on track.
    LanguageEnglish
    PublisherFree Press
    Release dateJul 6, 2010
    ISBN9781451602432
    Profiting from Innovation: The Report of the Three-Year Study from the National Academy of Engineering
    Author

    William G. Howard

    William Howard grew up in historic Philadelphia, Pennsylvania where he often walked in the footsteps of the Founding Fathers. Much like the Founders, William has always had a fascination and penchant for the written word. William began writing short stories when he was in high school, often contributing submissions to the school newspaper and literary magazine. Despite his love of writing, Mr. Howard ended up teaching for the School District of Philadelphia for twenty years before retiring in 2012 to devoting more time to writing. William Howard has gone on to write three sci-fi novels and is beginning work on a fourth novel, which will be a sequel to the Sword of Aeschylean, as well as a new original novel outside the Minerva-verse. He often participates in meetings with fellow writers in a number of writer groups. When William is not writing, he enjoys reading, traveling and spending time with his wife, Bonnie.

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      Profiting from Innovation - William G. Howard

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