CHAPTER 11

Managing Innovation and Technology Development

R&D for the New Age

Though the deployment and commercialization of new technologies are often highly publicized and forced down our throats via media channels, the inner workings of the engineering ecosystems that develop these innovations largely remain masked from the public eye. Like the ancient, smithing dwarves of Germanic folklore, the talented craftsmen of modern times dwell in an obscure world while their creations become all the rave in society, moving mankind forward one small step at a time.

But how does modern innovation actually happen? Where do the unseen armies of invention lurk and work? Where are these geeky research worlds? Who are the people who work there? Who manages ...

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