Title: Strategic confluence of continuity and change for improved innovation performance

Authors: J.S.A. Bhat, Sushil, P.K. Jain

Addresses: Department of Scientific and Industrial Research, Ministry of Science and Technology, Technology Bhawan, New Mehrauli Road, New Delhi 110016, India. ' Department of Management Studies, Indian Institute of Technology, Vishwakarma Bhawan, Shahid Jeet Singh Marg, New Delhi 110016, India. ' Department of Management Studies, Indian Institute of Technology, Vishwakarma Bhawan, Shahid Jeet Singh Marg, New Delhi 110016, India

Abstract: Innovation management has been a subject of immense concern to researchers. Both continuity and change aspects in this context have been scrutinised at length, but management of continuity together with change has only recently been gaining some attention. This paper contributes to the understanding of the confluence of continuity and change to manage innovation. Through empirical research based on Indian manufacturing firms, the key factors that enable a firm manage innovation in a successful manner resulting in enhanced innovation performance are distinguished. Among several considerations involved in charting a roadmap towards improved innovation performance in a firm, the vital need to maintain a strong linkage between the business and technology strategies, and also ensure top management commitment, have been explicitly revealed to be key issues.

Keywords: continuity; change; innovation management capability; innovation performance; India; manufacturing industry; business strategy; technology strategy; top management commitment.

DOI: 10.1504/IJEME.2011.041995

International Journal of Engineering Management and Economics, 2011 Vol.2 No.2/3, pp.175 - 194

Published online: 20 Aug 2011 *

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