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Christian Terwiesch
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Annotated Bibliography

There are of course hundreds of books on innovation, many of which are undoubtedly excellent. These are a few that we believe are especially valuable, either because they have had a large impact on the lexicon of innovation or because they are particularly insightful. These books are not the most recent titles. Rather, they are mostly books that have stood the test of time.

Henry Chesbrough. Open Innovation.
Chesbrough’s 2003 book was one of the first to describe the phenomenon of open innovation.
W. Chan Kim. Blue Ocean Strategy.
Blue Ocean Strategy hammers home one simple idea: consider competing on product and service attributes that are not emphasized by the competition. Worth putting in practice.
Barry Nalebuff. Why Not?
Why Not? is an outstanding book on creative problem solving, by a lawyer and an economist no less.
Constantinos C. Markides. Fast Second.
We don’t fully agree with Markides and Geroski’s analysis that companies should rarely pioneer new territory. However, we find their arguments highly engaging and worthy of careful consideration.
Schoemaker. Profiting from Uncertainty.
Schoemaker’s book provides a detailed guide to scenario analysis, a technique for anticipating an uncertain future. This tool is highly relevant to planning for innovation.
Christensen, C. M. (1998). The Innovator's Dilemma. Harvard Business School Press.
Innovation in fundamentally new categories will rarely solve the growth needs of big companies, and so is hard to justify within large organizations. Yet, these are the opportunities on which future growth may be based. This is the innovator’s dilemma, as articulated by Christensen.
Gerard J. Tellis and Peter N. Golder. Will and Vision: How Latecomers Grow to Dominate Markets. McGraw-Hill. 2002.
Tellis and Golder examine carefully the question of whether or not pioneers enjoy long-term advantage in innovation. They find that most pioneers eventually fail and point to the importance of other factors in contributing to long-term success.
Allen. T. J. (1977). Managing the Flow of Technology. Cambridge: MIT Press.
The classic work on communication in technical networks.
Everett M. Rogers. Diffusion of Innovations.
Not light airplane reading for most folks. However, this book is a real gem, summarizing a huge body of academic research on the subject of diffusion.
Robert S. Kaplan. The Balanced Scorecard: Translating Strategy into Action.
This book is not strictly about innovation, yet it highlights principles of performance measurement that apply to innovation management.
Utterback , J. M. (1996). Mastering the Dynamics of Innovation. Harvard Business School Press.
A fine book characterizing the patterns of innovation in entire industries. This is the book that develops the concept of a dominant design and the notion of the changing basis of innovation from product to process over the industry lifecycle.
Eric von Hippel. The Sources of Innovation.
The title of this book is perhaps a bit ambitious, but the book does discuss the important topic of how users of products and services often are innovators.
Ralph Katz (Editor). The Human Side of Managing Technological Innovation.
Tushman, M. L., and P. Anderson (1997). Managing Strategic Innovation and Change, a Collection of Readings. Oxford: Oxford University Press.
Michael L. Tushman. Readings in the Management of Innovation.
Taken together, these three anthologies include many of the most important scholarly articles on the management of innovation. They mostly focus on organizational issues and on the dynamics of technological innovation at the level of entire industries. Nevertheless, these anthologies are a very good place to start to develop an understanding of research that has been done in innovation.
Lewis M. Branscomb. Taking Technical Risks. MIT Press.
This is a short, edited volume with some very nice insights in it, particularly as related to management of risks in technological innovation.