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Innovation in an Advanced Consumer Society - Value-Driven Service Innovation (Hardcover)
Loot Price: R2,756
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Innovation in an Advanced Consumer Society - Value-Driven Service Innovation (Hardcover)
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This book aims to develop innovation theory by focusing on
innovation in a consumer society. In an advanced consumer society,
services dominate and are provided through digital as well as
physical channels by local, national and global firms. This book
aims to identify the ways in which value can be increased for all
stakeholders through both incremental and disruptive innovation.
When interacting with leading businesses, there is a common
acceptance that we need a better understanding of how to innovate
in a service economy. Today, most advanced economies are service
and knowledge based, accounting for about 70 percent of GDP. OECD
reports document a considerable knowledge gap related to service
innovation. It is a challenge for both business and society that
future economic growth will increasingly be based on services
rather than manufacturing and products. Failing to understand
innovation issues in this context as an engine for growth is
somewhat alarming. This raises the question: do we know how to
innovate successfully in a consumer driven society? In this book,
the authors develop the concept of Value Driven Service Innovation,
alongside a methodology for applying this approach in practice: the
Service Innovation Triangle. They develop a better understanding of
innovation, based on the uniqueness of services in order to develop
the theory of service innovation suitable for a consumer society.
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