Technology+Models+versus+Innovation+Models

Introduction **|**  Join this wiki **|**  Make changes to this wiki **|** Guidelines for contributors **|** New to commercialization? **|** Blog posts **|** ........................

I would suggest making a clarification between "Technology Innovation and Innovation." Often we may find a tendency to use them interchangeably. I think Technological Innovation (Technological Development) can be considered as a subset of Innovation Commercialization. Based on this view, Innovation Commercialization can be classified under four main topics: 1) Technology Development / Innovation, 2) Customer & Market Development, 3) Human Resources Development (learning and creativity) and ) Organizational Development (change and leadership).

 The four aspects of innovation have nonlinear relationship with each other. They are distinct; though they are linked. Organizational development often plays the role of linking those to each other. Technology often holds the most visible aspect of innovation and development. Technology, however, is not necessarily always the most important aspect of innovation. Examples: Dell, Southwest Airlines, Wal-Mart, Virgin Group. The four aspects of innovation are analogous to the continents of the World.

 In the attached file, which covers the slides that I use for my classes, i have depicted the main relationships among the four groups of innovation, as far I see them.   This is part of a course on Action Business Planning  Darius Mahdjoubi, Ph.D.  IC2 Institute of UT-Austin and St. Edward’s University

include component="comments" page="Technology Models versus Innovation Models" limit="10"