Innovation Technology: How new technologies are changing the way we innovate

Innovation Technology: How new technologies are changing the way we innovate

Author:
David Gann and Mark Dodgson

Year published:
September 2007

Download:
Innovation Technology: How new technologies are changing the way we innovate 177KB

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Introduction

A new set of technologies is emerging that enables firms to innovate more rapidly, efficiently and accurately than ever before. This 'Innovation Technology' (IvT) includes eScience, virtual reality, simulation and modelling techniques, and rapid prototyping.

Indeed, it is possible that it will have as profound an impact on economic growth and social well-being in today's knowledge economy as the development of machine tools had on the industrial economy of the mid-19th century.

Over the next decade, understanding what IvT does, how to use it and where its limitations lie will prove critical for those running businesses, working in firms and providing public services. As a result, government policy-makers at all levels would do well to appreciate its implications.

Read the full Provocation (pdf).

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