Radical Innovation in the Mature Company
Abstract
Remarks that the importance of innovation is now well recognized in the marketing literature. Argues that radical innovation is still very important to a mature company for the development of new sales. Discusses the details that are important to radical innovation, and proffers an initiative for the development of new business. Analyses the results of empirical studies carried out by UK companies into product innovation. Concludes that organizations should remain sensitive to market demand before embarking on innovation, and that “entrepreneurism” is an important factor, although hard to cultivate in a mature company.
Keywords
Citation
Littler, D.A. and Sweeting, R.C. (1985), "Radical Innovation in the Mature Company", European Journal of Marketing, Vol. 19 No. 4, pp. 33-44. https://doi.org/10.1108/EUM0000000004742
Publisher
:MCB UP Ltd
Copyright © 1985, MCB UP Limited