Understanding the value of a product development project is central to a firm’s choice of project portfolio. The value of a project to a firm depends not only on the project’s properties but also on the other projects being developed by the firm. This is due to interactions with other...

In this short essay we reflect on the innovation-related studies that have appeared in Manufacturing and Service Operations Management (M&SOM) in its first twenty years of publication, and consider the future work that M&SOM could publish in this domain. Innovation management can be defined...