Mastering Emergent Opportunities and Risks During Distributed Innovation
THE INNOVATION BUTTERFLY: MANAGING EMERGENT OPPORTUNITIES AND RISKS DURING DISTRIBUTED INNOVATION, Forthcoming
40 Pages Posted: 20 Oct 2011 Last revised: 12 Jun 2014
Date Written: August 11, 2011
Abstract
Innovation is a complex system, prone to emergent opportunities and risks. This article, which is the first chapter of a forthcoming book, overviews the causes of these emergent opportunities and risks. It also briefly describes the perspectives, tools, and leadership culture that are necessary to shape these complex systems in a manner beneficial to an innovation firm.
Keywords: Distributed Product Development, Innovation, Management of Technology, Complexity, Integration
JEL Classification: M13, M14, O32, O33
Suggested Citation: Suggested Citation