The Next Big Thing in Managing Innovation

By Dr. Henry Chesbrough

The first decade of the 21st century brought about an incredible amount of technological advances — Facebook, Twitter, Android, iPod/iTunes/iPhone/iPad, and many other innovations transformed how we communicate, work, and live. But it is often the processes that helped create and manage these technologies that prove most enduring. Understanding the most important management innovations of the past will inform how we continue to expand and build on our knowledge to improve the innovation process in the future and advance human progress. So with a decade just ended, it is a good time to take stock of recent developments, and then look ahead to likely future management innovations…

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