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Social Network Analysis: An Important Tool for Innovation Management

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Evolution of Innovation Management

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Abstract

Innovation can be defined as the creative application of technologies, processes, and ideas to some useful purpose. It is increasingly becoming a highly valued commodity, viewed as key to competitiveness and economic growth. Within organizations, there is continuous pressure to identify those areas that present the greatest opportunity for innovation and to develop process models that will accelerate the pace of innovation (Horn 2005). The management of technological innovation includes the organization and direction of resources toward effectively (1) creating new knowledge; (2) generating technical ideas aimed at new and enhanced products, manufacturing processes, and services; (3) developing those ideas into working prototypes; and (4) transferring them into manufacturing, distribution, and use (Roberts 2007).

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Authors
  1. Gerhard Drexler
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  2. Bernard Janse
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Editor information

Editors and Affiliations

  1. University of Erlangen-Nuremberg, Germany

    Alexander Brem

  2. EADA Business School, Barcelona, Spain

    Éric Viardot

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© 2013 Gerhard Drexler and Bernard Janse

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Drexler, G., Janse, B. (2013). Social Network Analysis: An Important Tool for Innovation Management. In: Brem, A., Viardot, É. (eds) Evolution of Innovation Management. Palgrave Macmillan, London. https://doi.org/10.1057/9781137299994_6

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