An integrated innovation process model based on practices of Australian biotechnology firms [An article from: Technovation]

This digital document is a journal article from Technovation, published by Elsevier in 2006. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.

Description:
An integrated approach to managing the innovation process is attractive for organizations for many reasons. However, there is a relative paucity of models that describe this approach. In this paper, an attempt is made to produce one such model. Based on a multiple case study design involving nine biotechnology companies and one peak industry body from Australia, a conceptual model is proposed that has the linear stage process model as the backbone. The twin mechanisms of market pull and technology push are incorporated within the model, with a set of key organizational constructs (management, communication, structure and control) embedded within these mechanisms. Overall, the results of this study improve our understanding of the innovation process by building a more comprehensive and integrated conceptual model.