Strategic Innovation

Strategic Innovation

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In todaya€™s fast-changing business environment, those firms that want to remain competitive must also be innovative. Innovation is not simply about developing new technologies into new products or services, but in many cases, finding new models for doing business in the face of change. It often entails changing the rules of the game. Strategic Innovation demonstrates to students how to create and appropriate value using new game strategies to gain competitive advantage. The book begins with a summary of the major strategic frameworks and showing the origins of strategic innovation. Next, Afuah gives a thorough examination of contemporary strategy from an innovation standpoint, including: how to develop strategy in the face of change a detailed framework for assessing the profitability potential of a strategy or product consideration of how both for-profit and non-profit organizations can benefit from new game strategies. With a wealth of quantitative examples of successful strategies, as well as descriptive cases, Strategic Innovation will complement courses in strategy, and technology and innovation.The retail price for the 4GB iPhone was $499. ... The problem here is that although we know the prices of each component, we do not know Samsunga#39;s cost for each component. ... If the LCD module were provided by Sharp, we could also calculate the value captured by Sharp using its 2006 gross profit margin of 22.6%.

Title:Strategic Innovation
Author: Allan Afuah, Associate Professor of Corporate Strategy and International Business Allan Afuah
Publisher:Routledge - 2009-04-01

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