How issues vary for product and process innovations

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1. In creating the organizational climate which supports innovation, management frequently overlooks critical issues. This is true especially when setting up and nurturing communication networks. Several good ideas are lost as the right person is not available at right place at right time to bring innovation to fruition. What issues do you think are critical in planning for integration and sharing of information in innovative firm? How do these issues vary for product and process innovations?

2. Describe many companies and how they have created climates for innovation. At each level of organization (top, middle, lower), what do you believe are critical issues? Write down the potential advantages of innovative strategy for individuals at each level? What must be biggest fear at each level?

Reference no: EM1392630

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