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Innovation performance accounting - Financing Decisions and Risk Assessment of Innovation Processes (Paperback, 2009 ed.)
Loot Price: R3,080
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Innovation performance accounting - Financing Decisions and Risk Assessment of Innovation Processes (Paperback, 2009 ed.)
Expected to ship within 10 - 15 working days
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For successful innovation in business the responsible managers need
a consistent view of the individual processes as well as an
assessment of key projects in all phases of the development.
Generating new ideas, fast examination of its feasibility requires
skilled methods for evaluation of these ideas, plans and especially
costs and revenues. Business models, calculation methods and some
assessments of certain options are presented by the authors. The
ability to identify risks and appropriate responses to
misperceptions are important milestones in the innovation process.
From analysis of problems to the introduction of market-ready
solutions, legal requirements, business demands and risk management
systems are discussed. Concepts promoting uniform, binding rules
for ratings in the innovation process are treated. The
identification of target pricing, target costing and litigation,
the evaluation of the solution to calculate risk aspects as tasks
in financial management and innovation controlling are part of the
content. The authors demonstrate that any innovation in different
industries requires a strategic and financial project management.
Monetary assessment of the individual processes, a detailed patent
portfolio and accounts management for innovation processes are of
enormous importance. The book is completed by applications of the
Berlin Balanced Scorecard Concept with practical examples from the
innovation projects in pharmaceutical and technical business.
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