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Monetizing Innovation: Monetizing Innovation
: Madhavan Ramanujam, Georg Tacke
: Wiley
: 2016
: 5,6
: / English

Surprising rules for successful monetization. Innovation is the most important driver of growth. Today, more than ever, companies need to innovate to survive. But successful innovation--measured in dollars and cents--is a very hard target to hit.

Companies obsess over being creative and innovative and spend significant time and expense in designing and building products, yet struggle to monetize them: 72% of innovations fail to meet their financial targets--or fail entirely. Many companies have come to accept that a high failure rate, and the billions of dollars lost annually, is just the cost of doing business.

: black 23-10-2016, 20:53 | |
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