The use of the internet for business purposes and among consumers is spreading at an impressive rate. Companies use it for a lot of different activities like, for example, marketing, online shopping and customer service. However, the use of the internet for the purpose of innovation, to create...

Die Entwicklung innovativer Produkte wird für Unternehmen in einem zunehmenden Wettbewerb immer wichtiger. Insbesondere Innovationen mit einem hohen Neuigkeitsgrad, so genannte "Breakthroughs" bieten einem Unternehmen die Möglichkeit, sich von seinen Wettbewerbern nachhaltig abzusetzen. Zu...

In today's environment of rapid technological change companies can not rely on incremental innovations alone. To sustain long-term competitiveness companies need to develop radical innovations as well. Such innovations typically incorporate new and highly complex technologies, create new markets...

Manufacturers usually benefit by dividing their innovation processes into distinct phases in order to ensure that the development activities are performed efficiently in an appropriate sequence. Users usually do not apply such structured processes. They follow a more intuition-driven approach....