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Innovation: Difference between revisions

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== Process of innovation ==
An early model included only three phases of innovation. According to Utterback (1971), these phases were: 1) idea generation, 2) problem solving, and 3) implementation.<ref>{{Cite journal|last=Utterback|first=James|year=1971|title=The Process of Technological Innovation Within the Firm|journal=Academy of Management Journal|volume=14|issue=1|pages=78|doi=10.2307/254712 |jstor=254712 }}</ref> By the time one completed phase 2, one had an invention, but until one got it to the point of having an economic impact, one didn'tdid not have an innovation. Diffusion wasn'twas not considered a phase of innovation. Focus at this point in time was on manufacturing.
 
All organizations can innovate, including for example hospitals, universities, and local governments.<ref>{{cite journal|pmid=19104264|year=2009|last1=Salge|first1=T. O.|title=Hospital innovativeness and organizational performance: Evidence from English public acute care|journal=Health Care Management Review|volume=34|issue=1|pages=54–67|last2=Vera|first2=A.|doi=10.1097/01.HMR.0000342978.84307.80}}</ref> The organization requires a proper structure in order to retain competitive advantage. Organizations can also improve profits and performance by providing work groups opportunities and resources to innovate, in addition to employee's core job tasks.<ref>{{cite journal|last1=West|first1=Michael A.|year=2002|title=Sparkling Fountains or Stagnant Ponds: An Integrative Model of Creativity and Innovation Implementation in Work Groups|journal=Applied Psychology|volume=51|issue=3|pages=355–387|doi=10.1111/1464-0597.00951}}</ref> Executives and managers have been advised to break away from traditional ways of thinking and use change to their advantage.<ref>''MIT Sloan Management Review'' Spring 2002. "How to identify and build New Businesses"</ref> The world of work is changing with the increased use of technology and companies are becoming increasingly competitive. Companies will have to downsize or reengineer their operations to remain competitive. This will affect employment as businesses will be forced to reduce the number of people employed while accomplishing the same amount of work if not more.<ref>Anthony, Scott D.; Johnson, Mark W.; Sinfield, Joseph V.; Altman, Elizabeth J. (2008). ''Innovator's Guide to Growth''. "Putting Disruptive Innovation to Work". Harvard Business School Press. {{ISBN|978-1-59139-846-2}}.</ref>