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date: 09 July 2020

Abstract and Keywords

This chapter defines innovation management, and analyses its scope and changing nature. It explains the value to the study of innovation management of merging insights from various disciplines, levels of analysis, and research methods. The chapter argues innovation management is a field driven by its practice, but a number of theories are presented that help explain its conduct. Five recurrent challenges of innovation are outlined: dealing with disruption, balancing portfolios, integrating the innovation process, managing intangibles, and encouraging creativity and play. Six different types of innovation process are delineated: research and technology led, market facing, internal coupling, external collaboration, strategic integration, and future ready. The chapter introduces the contributions made in the other chapters of the Oxford Handbook of Innovation Management.

Keywords: Innovation management, innovation challenges, innovation processes

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