Opportunities and challenges in the new innovation landscape : Implications for innovation auditing and innovation management

• Innovation auditing is a well-established practice used by managers to identify strengths and weaknesses in innovation. Existing audit frameworks fall short, however, because they neglect three major trends that currently transform the innovation landscape. These trends are as follows: 1) a shift from closed to more open models of innovation ("openness"), 2) a shift from providing physical products to industrial product services ("servitization"), and 3) a shift from an analog to a highly digitalized world ("digitalization"). This article identifies new innovation practices, opportunities, and challenges that arise for manufacturing firms along these trends. The article proposes a revised innovation audit framework, which acknowledges these trends and supports innovation management in increasingly dynamic and competitive environments. (C) 2018 Elsevier Ltd. All rights reserved.

Ämnesord

TEKNIK OCH TEKNOLOGIER  -- Maskinteknik -- Produktionsteknik, arbetsvetenskap och ergonomi (hsv//swe)

ENGINEERING AND TECHNOLOGY  -- Mechanical Engineering -- Production Engineering, Human Work Science and Ergonomics (hsv//eng)

TEKNIK OCH TEKNOLOGIER  -- Annan teknik -- Övrig annan teknik (hsv//swe)

ENGINEERING AND TECHNOLOGY  -- Other Engineering and Technologies -- Other Engineering and Technologies not elsewhere specified (hsv//eng)

SAMHÄLLSVETENSKAP  -- Ekonomi och näringsliv -- Företagsekonomi (hsv//swe)

SOCIAL SCIENCES  -- Economics and Business -- Business Administration (hsv//eng)

Nyckelord

Innovation auditing

Innovation measurement

Open innovation

Industrial product-services

Servitization

Digitalization

Innovation Management

Entreprenörskap och innovation

Digitalization

Industrial product–services

Innovation auditing

Innovation Management

Innovation measurement

Open innovation

Servitization

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