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Innovation Management is a field of management focused on the development and implementation of new ideas, processes, products, and services. It is a process of creating value from ideas by capturing, developing, and commercializing them. It involves the identification of new opportunities, the development of new products and services, and the implementation of new processes and technologies. It is a key component of a successful business strategy, as it helps organizations stay competitive and remain ahead of the curve.
Innovation Management involves a range of activities, such as idea generation, idea selection, idea implementation, and idea evaluation. It also involves the use of tools and techniques such as brainstorming, prototyping, and market research. It is a collaborative process that involves stakeholders from different departments and functions.
Companies in the Innovation Management market include IBM, Microsoft, Oracle, SAP, Adobe, Salesforce, and Deloitte. Show Less Read more
