Managing breakthrough innovations: success factor #15

You receive our 15th and final most important success factor for managing breakthrough innovations. Thank you very much for following us up until now.

Stay with us and discuss them all during the 11th Aachen Technology and Innovation Management Conference on 18th and 19th of October! Renowned speakers from industry and research will give lectures regarding this year's event topic "Managing Breakthrough Innovations".

Here is the success factor #15 of 15:

 “There is no business case for investments in the innovation system”

 Increasingly, successful companies are using alternative innovation systems, such as incubators or labs, for pursuing and developing ideas outside their own R&D.

It is not worthwhile to control the investments that are put into the innovation ecosystem, or to make them traceable for individual business units (BU). Significantly more important is the total output from the company perspective. Thus, a BU should not expect payment surpluses for investments in the same amount or put its focus on the Return on Investment.

In contrast to this, it is much more important that ideas can be created and developed in the ecosystem, which generates benefit at corporate level.

We would be glad to greet you at our Technology and Innovation Management Conference in Aachen on October 18th-19th, 2017.

For more information please visit www.tm-tagung.de