INNOVATION by DESIGN: What It Takes to Keep Your Company on the Cutting Edge

Chapter 8. Dimensions of Organizational Resources

This chapter looks at the spectrum of resources that are critical to innovation, beginning with people and ending with money. This spectrum is broad in scope, so it will also be broken down into subcategories, depending on the specific requirements of the business. As an example, intellectual property, time, and input from customers and suppliers are all vital resources. Innovative organizations try to build on what is already known—their intellectual property—and avoid reinventing the wheel. Time is certainly a vital resource: It cannot be replaced. Those and other essential resources exist both within and outside the organization and in any global geographical area. The list of organizational ...