With the growing popularity of innovation initiatives, ever more companies are launching their own actions. However, many are going forward in a piecemeal fashion, running a brainstorming event here, trying out an ideas campaign there and promoting innovation in vague ways in marketing communications. Such an approach works, somewhat, but it is not ideal.
The best approach is to have a comprehensive innovation process management (IPM) structure that treats innovation as a series of cycles that run within a grand, enterprise innovation process cycle.
The Innovation Process Cycle
An innovation process cycle combines creative problem solving (CPS) with scientific peer review evaluation and some typical business tools.
Continue reading ‘The eight steps of Innovation Process Management’
This is the title of a conference that took place in Berlin in September last year. The conference was organized by the European Academy for Taxes, Economics & Law, with the support of European Commission. Speakers and participants were from all over Europe. It was demonstrated that in the vast majority of EU countries governments – both national and regional – recognized the potential of clusters as drivers of the innovation process and they are strongly supporting them. Importance of clusters is even more valuated by European Commission, which is supporting and financing different programs, initiatives and events related to clusters.
Why am I writing about this conference?
It was source of many interesting and useful information for anybody who participates in the work and/or management of some cluster. Unfortunately there is not a web page, where one could find all conference presentations. I will mention some of them, who drew my attention and where a web page was presented.
Continue reading ‘Cluster Policy and Management – European and Regional Initiatives for Innovation’