Functional Sources of Innovation


There are five major sources of innovation for a firm: 1) its own internal value chain functions, 2) its external value-added chain of suppliers, customers, and complementary innovators, 3) university, government, and private laboratories, 4) competitors and related industries, and 5) other nations or regions.

My Consultancy–Asif J. Mir – Management Consultant–transforms organizations where people have the freedom to be creative, a place that brings out the best in everybody–an open, fair place where people have a sense that what they do matters. For details please visit www.asifjmir.com, and my Lectures.

Advertisements