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Time, Space, Innovation Management, and the Life Cycle Concept

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Managing Innovation and Change

Abstract

The relationship between innovation management, its several life cycles, and time is a critical one, yet it remains poorly understood. This chapter explores some aspects of this relationship, which has a bearing not only upon the general theory of the firm, but also upon firms in the steel industry. Because time is such a critical variable in the success of innovation management, it must be appreciated as a fundamental dimension of a philosophy, or methodology, of innovation management. We will include a definition of the concept of time and then examine that definition in the light of the practice of innovation management. First, a definition of innovation management:

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Notes

  1. This definition comes from the Battelle Columbus Laboratories report “Interactions of Science and Technology in the Innovative Process: Some Case Studies,” as published in: Sven B. Lundstedt and E. William Colglazier (Eds.) (1982), Managing Innovation: The Social Dimensions of Creativity, Invention and Technology, New York: Pergamon Press, 1982, pp. xxi-xxii.

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  2. Paul Fraisse (1983), The Psychology of Time, New York: Harper and Row, pp. 40–41.

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  6. Rensis Likert (1968), The Human Organization, New York: McGraw-Hill.

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  7. John K. Smith and David A. Hounshell (1985), Wallace H. Carothers and fundamental research at DuPont, Science, Vol. 229, No. 4712 (2 August), pp. 436–442.

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  9. Advisory Committee on Industrial Innovation, Final Report (1979), Washington, DC: US Department of Commerce (US Government Printing Office), September.

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  10. Benjamin S. Bloom et al. (1971), Handbook on Formative and Summative Evaluation of Student Learning, New York: McGraw-Hill, 1971, p. 80.

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© 1989 Springer Science+Business Media Dordrecht

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Lundstedt, S.B. (1989). Time, Space, Innovation Management, and the Life Cycle Concept. In: Lundstedt, S.B., Moss, T.H. (eds) Managing Innovation and Change. Springer, Dordrecht. https://doi.org/10.1007/978-94-015-7835-6_7

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  • DOI: https://doi.org/10.1007/978-94-015-7835-6_7

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-015-7837-0

  • Online ISBN: 978-94-015-7835-6

  • eBook Packages: Springer Book Archive

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