| Valuing Corporate Innovation: Strategies, Tools, and Best Practice from the Energy and Technology Sector Softcover Repri Edition Contributor(s): Friedl, Gunther (Editor), Kayser, Horst J. (Editor) |
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ISBN: 3319878905 ISBN-13: 9783319878904 Publisher: Springer OUR PRICE: $61.74 Product Type: Paperback - Other Formats Published: August 2018 |
| Additional Information |
| BISAC Categories: - Business & Economics | Production & Operations Management - Business & Economics | Accounting - Managerial - Technology & Engineering | Power Resources - Electrical |
| Dewey: 333.79 |
| Series: Management for Professionals |
| Physical Information: 114 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: This book presents tools for valuing and controlling corporate innovation. It combines a well-established theoretical framework with case studies at Siemens that illustrate the practice of valuing and controlling innovation and underline the strong link between theoretical concepts and practical application. Innovation is a key factor determining the success of companies and since corporate innovation consumes large quantities of resources, the issue of how best to distribute these resources among different projects is crucial. For an optimal resource allocation, companies need valuation tools to assess the benefits, costs and risks of competing projects. The energy sector is an example of a market that is strongly driven by innovation, and as such the book describes the processes and the potential of digitalizing product development and outlines the valuation process for a long-term innovation project in this sector - the development of the latest Siemens gas turbine. |