Strategic Approach to Innovation Management and Strategic Changes to Improve Innovation Management
Keywords:Innovation Management, Change Strategy, Innovation Process, Innovation Strategy
Innovation can be described as developing new ideas and processes that aims to create new products or improving business processes. Organizations today looks into the concept of innovation as a way to increase value and develop new ways of doing business. On the other hand, adopting an innovation requires strategic management approaches in order to ensure that the current innovation implementations will yield significant improvements. With innovation comes change and organizations will need not only to adopt innovative processes, but should also be able to implement change; this is when innovation management becomes apparent. Every organization adopt innovation approach of varying scale such modest, moderate, and strong. From each approach strategies can be derived depending on the how the innovation will be used and how it will impact the organization as a whole. In the case of Oman, different strategies were created to leverage on the capabilities of an organization. Some organizations form partnerships to achieve a common goal and to create a platform in which managing the implemented innovation becomes a shared responsibility of the partnering organizations. In some cases, strategies employed in innovation management is being done to accelerate development as a form of innovation improvement outcome.
Al-Belushi, K., Stead, S., Gray, T. and Burgess, J., (2018). Measurement of open innovation in the marine biotechnology sector in Oman. Marine Policy, 98, pp.164-173
Alhashemi, S., (2017). Management profession and culture in transition: A case of Oman. Tékhne, 15(2), pp.108-116
Al-Moosa, N. and Sharts-Hopko, N., (2017). Using Change Management to Redesign Oman׳s Health Professions Education Sector. Health Professions Education, 3(2), pp.108-112
Alshoukri, K., Karim, A. and Farhana, N., (2020). The Impact of Leadership on Employee Innovative Work Behaviour in Facilities Management Service Providers in Oman. International Journal of Academic Research in Accounting, Finance and Management Sciences, 10(1)
Dogan, E., (2017). A strategic approach to innovation. Pressacademia, 4(3), pp.290-300
G-STIC, n.d. Technological solutions and deployment policies for the SDGs. [online] G-STIC. Available at: <https://www.gstic.org/inspiration/establishing-a-regional-technological-innovation-platform-in-oman/> [Accessed 27 June 2021]
Horn, C. and Brem, A., (2013). Strategic directions on innovation management – a conceptual framework. Management Research Review, 36(10), pp.939-954
Ildikó-Csilla, T., (2021). Strategic Innovation Management Through Organizational Change. Journal of Innovation & Business Best Practice, 2018(2018), pp.1-10
Mateescu, R., Olaru, M., Lange, S. and Rauch, M., (2015). Study On Supplier Invoice Risk Management in A Global Supply Chain. In: The 26th IBIMA conference on Innovation Management and Sustainable Economic Competitive Advantage: From Regional Development to Global Growth. Madrid, Spain: IBIMA
Ooredoo, (2020). Ooredoo Oman - Innovation in Technology Management, Planning and Implementation | Stevie Awards. [online] Stevieawards.com. Available at: <https://stevieawards.com/mena/ooredoo-oman-innovation-technology-management-planning-implementation> [Accessed 27 June 2021]
Parrilli, M., Balavac, M. and Radicic, D., (2020). Business innovation modes and their impact on innovation outputs: Regional variations and the nature of innovation across EU regions. Research Policy, 49(8), p.104047
Pauceanu, A., (2016). Innovation and entrepreneurship in Sultanate of 0man – an empirical study. Entrepreneurship and Sustainability Issues, 4(1), pp.83-99
Peltonen, T., (2018). Case Study 4: The Collapse of Nokia’s Mobile Phone Business. Towards Wise Management, pp.163-188
Prokop, V. and Stejskal, J., (2017). Different Approaches to Managing Innovation Activities: An Analysis of Strong, Moderate, and Modest Innovators. Engineering Economics, 28(1), pp.47-55
Tseng, C. and Tseng, C., (2019). Corporate entrepreneurship as a strategic approach for internal innovation performance. Asia Pacific Journal of Innovation and Entrepreneurship, 13(1), pp.108-120
How to Cite
Copyright (c) 2021 Maria Teresa Matriano
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors wishing to include figures, tables, or text passages that have already been published elsewhere are required to obtain permission from the copyright owner(s) for both the print and online format and to include evidence that such permission has been granted when submitting their papers. Any material received without such evidence will be assumed to originate from the authors.