Milestones for managing technological innovation
Pier A. Abetti
(Professor of management of technology at Rensselaer Polytechnic Institute School of Management.)
507
Abstract
The process of technological innovation must be planned and managed to improve the pay‐off for the firm, and to reduce the relatively high risk of failure—nine out often innovations fail their return on investment test. Technological innovation needs careful management through the four stages of the process, which also includes the successful completion of the three milestones (see Figure 1).
Citation
Abetti, P.A. (1985), "Milestones for managing technological innovation", Planning Review, Vol. 13 No. 2, pp. 18-46. https://doi.org/10.1108/eb054094
Publisher
:MCB UP Ltd
Copyright © 1985, MCB UP Limited