Innovation Research

R&D activity needs to lay the foundation for the ability to sense, seize, and respond to new ideas and technologies; improve innovation management effectiveness and maturity.

Innovation is the creation of a new method of doing something that can be either concrete, such as a new product, or abstract, such as a new philosophy. Innovation plays a key role in the development of sustainable methods of production and living.

 Considerable research has focused on determining the working conditions that are likely to produce useful innovations, as innovation plays a central role in business success and scientific progress.

Factors that Encourage Innovation

-Creative knowledge experts: The best model for producing useful knowledge is to foster the work of many relatively creative knowledge experts whose work are judged by its merits rather than its conformity to pre-existing beliefs or traditional ways of doing things.

-Objective criteria: Scientific or innovative contributions should be evaluated based on accuracy in describing the world and how efficiently it works compared to older methods, rather than personal characteristics.

-Knowledge Sharing: Knowledge should be shared so others can apply it to their work and increase the general level of knowledge.

Disinterested Manner: Scientists should seek to increase knowledge rather than focusing purely on personal gain, and scientific claims should be open to challenge and scrutiny rather than made on the basis of authority.

Research and development (R&D) is integral to technological innovation, serving as the foundation for new products and improvements to existing ones. Innovation can be defined as the application of an invention to meet a significant market need. R&D is the beginning of most systems of industrial production. The innovations that result in new products and new processes usually have their roots in research and have followed a path from laboratory idea, through pilot or prototype production and manufacturing start-up, to full-scale production and market introduction.

Many organizations invest significantly in their R&D department, and expect R&D to become their innovation engine, but pay more attention to ineffective resource misalignment. R&D has a role, especially in complex technology. But R&D activity needs to lay the foundation for the ability to sense, seize, and respond to new ideas and technologies; improve innovation management effectiveness and maturity.

Posted in: Innovation,Research