Milestones for managing technological innovation

Abstract

The process of technological innovation must be planned and managed to improve the pay‐off for the firm, and to reduce the relatively high risk of failure—nine out often innovations fail their return on investment test. Technological innovation needs careful management through the four stages of the process, which also includes the successful completion of the three milestones (see Figure 1).

Citation

Abetti, P.A. (1985), "Milestones for managing technological innovation", Planning Review, Vol. 13 No. 2, pp. 18-46. https://doi.org/10.1108/eb054094