Innovation = Invention + Commercialization.
Innovation in detail is discussed in the presentation. Innovation, Perspectives, Steps and Strategies.
Further we discuss Innovation methods : Innovation Portfolio Architecture,
Design Thinking and Innovation Clover.
Each of these approaches have unique value proposition. An organization looking at long term of product and system should be considering a Portfolio approach which is more holistic in nature. Design Thinking is an approach to invent into user needs and empathize with customers driven by experiences. Innovation Clover focuses on Innovation as management of constraints, like inventing into customer needs and also looking at alignment to organizational strategies. NASA Technology Readiness Levels (TRL) often provides guidance to technology maturity.
A standardized approach to Innovation Innovation Management (ISO 56001:2024) is as well available. A final draft of Requirements.
IEEE Engineering Management Review
The innovator's dilemma, Clayton Christensen, 1997
The Innovator's DNA: Mastering the Five Skills of Disruptive Innovators, Clayton Christensen, 2011
Loonshots: How to Nurture the Crazy Ideas That Win Wars, Cure Diseases, and Transform Industries Safi Bahcall, 2019
Where Good Ideas Come From: The Natural History of Innovation, Steven Johnson, 2010
Innovation and Entrepreneurship Peter Drucker, 1985
Crossing the Chasm, 3rd Edition: Marketing and Selling Disruptive Products to Mainstream Customers, Geoffrey Moore, 2014
Steve Jobs , Walter Isaacson, 2011
Change by Design: How Design Thinking Transforms Organizations and Inspires Innovation , Tim Brown, 2009
Jugaad Innovation: A Frugal and Flexible Approach to Innovation for the 21st Century , Jaideep Prabhu, 2012
The Fortune at The Bottom of The Pyramid, CK Prahlad
The New Age of Innovation, CK Prahlad, MS Krishnan
Innovations holy grail
Building an innovation factory