Using institutional theory to explain innovation and merging
academic and critical analysis with practical recommendations, this
book provides a full and rich account of how new products are
brought to market; considering both the successes and failures in
equal measure.
The book takes the meeting point of two seemingly incongruous
schools of theoretical thought to enlighten the debate surrounding
product innovation. In doing so it:
- illustrates how institutional forces come to shape the
interest, priorities and behaviour of organizational members in the
development and implementation process of incremental product
innovation
- investigates the failed innovative attempts of established
organizations
- demonstrates the importance of organizational and
intra-organizational forces for innovative success.
The insight it offers into the organization of product
innovation processes in the financial services sector and the
guidelines it sets up for their improvement makes Innovation and
Institutions essential reading for those working in or studying the
banking, finance and insurance sector who have an interest in
innovation studies.
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