| Preface | 6 |
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| Contents | 10 |
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| About the Authors | 16 |
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| Part I: Fundamentals of Innovation and Product Management | 18 |
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| 1: Corporate Success Through Market Driven Innovation | 19 |
| 1.1 Introduction | 19 |
| This Chapter Will Discuss | 19 |
| 1.2 Innovation and Innovation Management | 21 |
| 1.2.1 Framing of the Term ``Innovation´´ | 21 |
| 1.2.2 Innovation Management | 21 |
| 1.2.3 Classifying Types of Innovation | 22 |
| 1.3 Innovation and Uncertainty | 24 |
| 1.3.1 Dimensions of Uncertainty | 25 |
| 1.3.2 Levels of Uncertainty | 28 |
| 1.4 Significance of Innovations for Business Management | 30 |
| 1.5 Success Factors of Innovation Management | 31 |
| 1.5.1 Innovation Strategy | 31 |
| 1.5.2 Innovation Process | 33 |
| 1.5.3 Resources and Innovation | 35 |
| 1.5.4 Innovation Culture | 36 |
| 1.6 Innovation Related Special Features of SMEs | 36 |
| References | 37 |
| 2: Integrated Innovation and Product Management: A Process Oriented Framework | 42 |
| 2.1 Introduction | 42 |
| This Chapter Will Discuss | 42 |
| 2.2 The Role of Product Management | 44 |
| 2.2.1 Strategic Tasks | 44 |
| 2.2.2 Operational Tasks | 45 |
| 2.3 Process-Oriented Innovation and Product Management | 46 |
| 2.3.1 Innovation Management as a Core Task | 46 |
| 2.3.1.1 Evolution of Innovation Process Models | 46 |
| 2.3.1.2 Design as Sub Process of Innovation Management | 49 |
| 2.3.2 Integrated Process Model of Innovation and Product Management | 50 |
| 2.4 Implementing the Process Model | 52 |
| 2.4.1 Team-Building | 53 |
| 2.4.2 Analysis | 53 |
| 2.4.3 Process Specification | 54 |
| 2.4.4 Process Implementation | 55 |
| References | 56 |
| 3: The Front End of Innovation | 58 |
| 3.1 Introduction | 58 |
| This Chapter Will Discuss | 58 |
| 3.2 Characteristics of the Front End of Innovation | 59 |
| 3.3 Success Factors at the FEI | 61 |
| 3.4 Models of Front End of Innovation | 61 |
| 3.4.1 Variable Degree of Structuring the Front End of Innovation | 63 |
| 3.4.2 Theoretical Process Models for the Front End of Innovation | 63 |
| 3.4.2.1 Stage-Gate Process | 64 |
| 3.4.2.2 Three Phase Front End Model | 65 |
| 3.4.2.3 New Concept Development Model | 66 |
| 3.4.2.4 Concept Exploration Phase of the Innovation Process | 67 |
| 3.4.2.5 Integrated Front-End Process Model | 68 |
| 3.4.2.6 Holistic Front End of Innovation Model | 71 |
| References | 73 |
| 4: Innovation Strategy | 76 |
| 4.1 Introduction | 76 |
| This Chapter Will Discuss | 76 |
| 4.2 Innovation Strategy as Part of the Corporate Strategy | 78 |
| 4.2.1 What Does Strategy Mean? | 78 |
| 4.2.2 Innovation Strategy and Strategic Business Management | 79 |
| 4.3 A Closer Look at Innovation Strategy | 80 |
| 4.3.1 Components of the Innovation Strategy | 81 |
| 4.3.2 Characteristics of the Innovation Strategy | 82 |
| 4.3.3 Innovation Strategy and Uncertainty | 83 |
| 4.4 Bringing Innovation Strategy to Life: A Process Oriented Approach | 85 |
| 4.4.1 Situation Analysis | 86 |
| 4.4.1.1 Company Analysis | 86 |
| 4.4.1.2 Analysis of the Company Environment | 88 |
| 4.4.1.2 Analysis of the Company Environment | 88 |