Innovation ImplementationMeasurement Guidelines: A Portfolio Management Approach
Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
Recent scientific literature has shown that industrial innovators tend to neglect measurements of innovation processes. These processes, and in particular, the innovation implementation process, managed with theory of portfolio management, turns corporate resources into tangible innovative outcomes. Innovation is one of several key operations that ensure profits for businesses. By neglecting measurements of the innovation processes, the monitoring of these processes is most likely inadequate. In extension, the quality of the management of these processes could be put into question.
This thesis provides innovation implementation measurement guidelines that could be applied by practitioners to monitor the most critical factors of the innovation implementation process. The guidelines also provide relevant addressees of the performance measurements and take three different contextual settings into account: organizational structure, ownership structure and stakeholders. Three research questions raised in order to construct the guidelines were intended to identify: what the most critical factors are, what contextual settings that primarily should be accounted for and what relevant addressees there are.
These questions are answered by identifying and analyzing both qualitative and quantitative empirical data in regard to theory of innovation management and portfolio management. The empirical data used in the study originates from ten large mid- and high-tech manufacturing companies in Sweden. The analysis is conducted under both an inductive and deductive approach, which should give a high level of validity, reliability and generalizability, which is central to any credible guideline.
Place, publisher, year, edition, pages
2014. , 52 p.
Innovation, performance measurements, portfolio management
Economics and Business
IdentifiersURN: urn:nbn:se:kth:diva-158060OAI: oai:DiVA.org:kth-158060DiVA: diva2:774086