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Business/Investing The Innovation Game: A New Approach to Innovation Management and R&D
Posted on 2010-03-15
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More The Innovation Game Management science mainly treat RandD and innovations as costs or budgets to be managed, an approach that is in stark contrast to their overwhelming importance. This and the very fact that RandD and innovation success are a by necessity a-priori unknown and thus uncertain ex-post definition is not at all being respected properly up to now. In The Innovation Game, La Corre and Mishchke consider RandD and innovation as an inherently risky investment which should be profitable, at least on average. Applying a statistical filter model, the authors are able to describe the RandD- and the innovation-process in great detail, almost like a production process. As a metaphor, the book tries to describe it like the control laws of the "distillery for inno-success knowledge". Enjoy this great book! Brought to you by SMIRK (Worldwide) (Faster for USA, Europe, Russia and Ukraine) (Faster for USA, Canada, Australia, Europe and Russia) (Worldwide) (Worldwide)
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