A blog about creating and running successful innovation processes

Valuation of management control systems in start-up companies

Approximate reading time: 3-4 min. One study investigated the valuation of management control systems (MCS) in start-up companies. The researchers examined an international selection of start-ups, including details of their implemented MCS and corporate financial history.   Results in the study The researchers found that higher…

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What is Innovation?

Estimated reading time: 1-2 minutes. What is the difference between innovation, idea, invention and improvement? What is innovation? They are often used a little sleepy, and depending on who you are talking to, different words fit better. Innovation has in some circles almost become a…

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Management control in radical innovation

Approximate reading time: 2-3 min. A study sought to explore whether, how and why different approaches to management control in radical innovations are more intensely employed: (1) in different phases of the radical innovation process, and (2) in innovation projects showing different degrees of radicalness. Case studies…

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Performance measures and management control in new product development

Approximate reading time: 2-3 min. An explorative study was conducted to investigate financial management with focus on performance measurements in product development. The study focused on three aspects of management control which managers for product development consider to be important. These aspects were: 1. Product development’s…

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Continuous innovation at Google

Estimared reading time: 6-8 min. Some companies succeed in continuous innovation, some don’t. The story is full of companies that once were forerunners in innovation, but then lost their ability to innovate in rapid global change, such as the technology shift. Some examples of technology failures are Kodak…

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