The strategic organization of innovation: State of the art and emerging challenges

Author:

Cillo Paola1ORCID,Verona Gianmario1ORCID

Affiliation:

1. Bocconi University, Italy

Abstract

Building on the vast literature on technological innovation and new product development, we propose a “strategic organization” framework to inform future research. The framework focuses on two core constructs: “agents” (external stakeholders and internal members of the firm involved in innovation activities) and “capabilities” (activities, systems, and values that retain and unfold organizational knowledge). It also distinguishes between two levels: the “new product development” process (the strategic and organizational sequences of tasks and decisions that compose product development activities); and the “firm” (the strategic and higher-order activities that shape corporate governance, corporate strategy, competitive strategy, and the organizational configuration of the firm). We draw on the framework to highlight how the strategic and organizational management of innovation has moved from a specialized organizational unit, the Research and Development function, to the C-suite. We discuss the implications of this framework for future research and highlight emerging challenges related to short-term financial pressures, sustainability, and digital transformation.

Publisher

SAGE Publications

Subject

Strategy and Management,Industrial relations,Education,Business and International Management

Cited by 8 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. Microfoundations of dynamic capabilities for digital transformation;European Journal of Innovation Management;2024-06-11

2. Digital Transformation in Organizational Management: A Bibliometric Analysis;NISPAcee Journal of Public Administration and Policy;2024-06-01

3. Innovation Management, Digital Transformation, and Firm Performance in the New Normal;IEEE Engineering Management Review;2024-06

4. Navigating the Digital Frontier: Emerging Trends in Digital Innovation Management for 2023 and Beyond;International Journal of Innovation and Technology Management;2024-03-16

5. Innovation dynamics in the age of artificial intelligence: introduction to the special issue;Industry and Innovation;2023-10-21

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