Nobody downloaded yet

Factors in High-Impact Innovation - Term Paper Example

Comments (0) Cite this document
Name Instructor Course Date Factors in High-Impact Innovation This paper will explore Jewke’s research findings (Jewkes) on high-impact innovation, with reference to the importance of individual vs team approaches, and individuals or small enterprise vs large structured enterprise approaches to stimulating high-impact innovation…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.9% of users find it useful
Factors in High-Impact Innovation
Read TextPreview

Extract of sample "Factors in High-Impact Innovation"

Download file to see previous pages Jewkes contextualized his research by noting the underlying mythology about high-impact innovation, which is basically that it requires a lot of manpower, a lot of resources, a lot of money and fancy equipment, and complex bureaucratic support (Jewkes). While not proving the inverse of this notion, his findings indicated more variability than popular assumptions support. In examining an impressive range of high-impact innovations, more than half were done by individuals, working independently and with few resources, either in isolation or within an organization in which they had freedom to experiment and analyze on their own initiative without having to cooperate in a team (Jewkes). Inventing can be a group process, of course, but the kind of individuals who contributed some of the most important discoveries and basic products of the 19th and 20th centuries were not even assigned to a project to do so and, in various intriguing cases, were not even formally qualified in the area they explored, discovered or invented within. Sometimes it was an accident and other times individuals were pursuing interests rather than careers. (Jewkes) Furthermore, it seems that many such individuals are not people who negotiate a career field and social skills that would endear them to a team or get them appointed to a formal position in the area to which they greatly contributed. They are often people who question every assumption, however consensual (Jewkes). They are eccentric and want to be left alone to explore their own curiosity. Many such individuals can be characterized as loners. The work of inventing has private elements to it. Thinking and creative “messing around” with ideas and materials needs a climate of unconstrained thinking, uninterrupte3d reflection and working autonomy. It can call forth heroic effort. The group dynamics of a team can constrain thinking and redirect creative ideas, or even humiliate them. Cooperation may overly-structure the process and conflict may weaken it. Jewkes notes that the human mind, working alone, can organize and synthesize ideas far more efficiently than a team. There is a loss of creative power when the individual has to adjust to team members. Perhaps these are clues to why so many initial innovations came from lone individuals (Jewkes). Jewkes distinguishes between initial pioneering discoveries and inventions and the development of those discoveries and inventions (Jewkes). Development will generally benefit from the resources and monetary investment, as well as additional input and expertise that can be found in a university setting or in a larger organization. While inspiration and exploration is often initially a private matter, development and exploitation is often a more cooperative and planned one. Some stunning chemical innovations were accomplished by General Motors (Freon refrigerant and tetraethyl lead), but their pattern was more typical of the lone hero, since they are not a chemical company, but a motor engineering company, and since their innovation involved an element of chance (Jewkes). Large companies have contributed significant innovations out of strong research programs, maybe because research itself has a private, lone hero aspect which can be done with a certain amount of autonomy by an individual or a small team, and merely funded and later expanded by the larger organizati ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Factors in High-Impact Innovation Term Paper Example | Topics and Well Written Essays - 1500 words”, n.d.)
Retrieved from
(Factors in High-Impact Innovation Term Paper Example | Topics and Well Written Essays - 1500 Words)
“Factors in High-Impact Innovation Term Paper Example | Topics and Well Written Essays - 1500 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Factors in High-Impact Innovation

Innovation Management and its Critical Success Factors

...articles published from 1999 to 2011 updates the findings of Szymanski and Henard’s (2001) meta-analysis, as the most comprehensive recent summary of empirical findings. Evanschitzky et al (2012) base their study on 233 empirical studies from 204 manuscripts on new product success (NPS). Using a total of 2618 effect sizes, this research study also employs recent methodological advancements by recalculating effects of the meta-analysis with the help of a random effects model. The results indicate overall weaker impacts of common success factors, as compared to those reported by Szymanski and Henard (2001). These results confirm that due to evolution of the innovation alongside...
10 Pages(2500 words)Research Paper

Impact of Globalisation in High Education

...?Impact of Globalisation in High Education Table of Contents Introduction 3 Interpretations of Globalisation in Higher Education 3 as Stakeholders of Higher Education Sector 4 Impact of Globalisation on Costs Incurred for Higher Education 6 Advantages and Disadvantages of the Impact of Globalisation on Higher Education 7 Statistics related to Globalisation Effect on Higher Education Trends 8 Developed Countries Vs Developed Countries 9 Conclusion 10 References 11 Introduction The notion of globalisation has been observed to be a crucial actuality in the period of 21st century which is learnt to have been deeply manipulated in the aspect of higher education apart from the...
7 Pages(1750 words)Essay

High Blood Pressure Risk Factors

...? Number] High Blood Pressure Risk Factors Introduction: High blood pressure can usually be known as a silent killer as it has no symptoms. Untreated blood pressure issues usually increase with age and some other factors. Such measures are particularly important for those who have risk factors that cause blood pressure.Managing blood pressure is one of the most important things that anyone can do to decrease the risk of stroke and heart diseases as most patients of high blood pressure face severe heart problems and heart diseases (Sheps 33). Medical science has discovered many risk factors of high blood...
5 Pages(1250 words)Research Paper

Critical Success Factors For Innovation Management

...? Critical success factors for innovation management BY YOU YOUR SCHOOL INFO HERE HERE Introduction Every organisation domestic and foreign wants to seek perfection in their relative markets. To achieve this perfection, organisations require a means to invent and create their own way to attain competitive advantage or stand out among competition in an industry. Innovation is important for all organisations to improve and develop, as innovation creates a unique positioning and differentiation opportunity that can give a business more market presence. What is an innovation? Innovations are unique business practices, exclusive product...
8 Pages(2000 words)Research Paper

Building and Sustaining High-Impact, Cohesive Teams

...?Building Sustainable, High Impact, Cohesive Teams Introduction Gardner, Staats, and Gino studied the effects of “knowledge-integration capability” (p. 998) and how it influenced groups to perform at a higher level. The authors were most interested in how teams working together bring about sustainable change. The authors wanted to answer two questions. The first question had to do with why teams are not able to take information they learn and turn it into an expertise that helps them perform better. The second question had to do with what resources employees need to help them develop as a team, and under what conditions this can happen. Gardner et al. (2012) did extensive research on how organizations use...
6 Pages(1500 words)Research Paper

High-Impact Supply Chain Management

...High-Impact Supply Chain Management High-Impact SCM Academia Research Academia Supply Chain Management is coordination between all the present factors under the controlling areas of the company, such as production, finance, marketing etc. Thus the collaboration is a prerequisite for SCM to work effectively for a company. The collaboration faces many obstructions as every one pursues own objectives and so the conflicts arise, the collaboration has to keep the things normal and help both the parties to reach their objectives in a desired way without compromising on the sidelined facts. One good thing that SCM should concern with when pursuing the goal of...
2 Pages(500 words)Essay

The impact of High-Deductible Health Plans

...Topic: The impact of High-Deductible Health Plans In our insurance sector, a new product has been launched with the of High-Deductible HealthPlans, which has created a furor resulting in a debate on its implications, benefits and a discussion on the different related aspects. This High-Deductible Health Care medical insurance plan is being recommended as consumer friendly in approach. What is this High-Deductible Health Plan? They are cumulative in the sense that they come with “tax-preferred” savings/investment account – which means you are provided insurance covers on emergency medical treatment and the most preventive care is paid, keeping...
2 Pages(500 words)Essay

What are Innovation management critical success factors

...Innovation management critical success factors Innovation management is the practice of managing the processes involved in innovation. A shared and inspiring vision for the future is a critical aspect affecting success in improvement supervision. Most organizations anticipate the future based on the experiences. When the past is suspended, and the future is envisioned, it becomes easy to recognize the forces of growth and change. A holistic view of the anticipated future experiences has a better impact on the innovation than placing emphasis on the past. It is crucial to develop a hypothesis for the future rather than predicting it...
6 Pages(1500 words)Research Paper

Focusing on financial impact and innovation

...Financial innovation and impact Introduction In the past decades, financial innovation has been in the front position of every major change that has influenced the financial system, both at international and national level (Haliassos, 2013). Even as financial innovation is usually praised as a constructive force for growth of society, it as well takes a lot of the blame for the current worldwide financial predicament. The importance of financial innovation has extensively touted. Many scholars, including Rothkopf (2009), highlight the significance of new services and products in the financial ground, at times illustrating these...
3 Pages(750 words)Admission/Application Essay

The Impact of An Engineering Innovation

...The impact of an engineering innovationImpact of Technology The invention of the internal combustion engine was a giant leap for mankind that happened in the industrial revolution era around the mid of the 19th century and changed the world. The engine had many impacts on society ranging from global situations, econaomic development and activities, the societal context and the environmental aspect (Forrester, 2006). This paper looks at the in-depth research and analysis of how one of the greatest innovations; the combustion engine affected the world and changed the course of humanity. Specific focus on sensitive issues in society such as...
4 Pages(1000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Term Paper on topic Factors in High-Impact Innovation for FREE!

Contact Us