A blog about creating and running successful innovation processes

The capital structure implications on innovation

In one paper, a researcher argues that consideration of firm strategy can help illuminate the choices managers make between debt and equity financing. Within an industry, the form of competition that each firm chooses will determine the strategic value to the firm of maintaining financial…

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How should management control the front end of innovation?

A study examined the use of management control in the front end of innovation, and how the different mechanisms of control are associated with generating strategic renewal. The foundation for successful new product development is created in the front end of innovation, which refers to…

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Control systems under different innovation management modes

One study focused on the relationships between innovation and management accounting and control systems (MACS). This was done by emphasising the importance of the choice by which individual MACS are selected for interactive (as opposed to diagnostic) use. Using survey data collected from 57 medium-sized…

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The role of management control systems for breakthrough innovation

Estimated reading time: 7-9 minutes. What is the role of management control systems for breakthrough innovation? Innovation is not an individual concept. Incremental innovation is about improvements, while breakthrough innovation is about discoveries. Breakthrough innovations lead to a significant improvement or open entirely new opportunities….

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Management control in knowledge integration

What is the role of management control in knowledge-intensive firms? One study explored this issue. Starting from the limitations of the definition of uncertainty, especially when applied to contexts characterized by knowledge intensity, the study investigated the relationship between knowledge complexity and management control systems….

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