This book attempts to capture innovation outcomes. The intent is on a holistic assessment of value creation by innovation — the societal value that it delivers to humanity, the economic value that it has the potential to endow to nations, and the monetary value that it provides to innovating firms. With a range of anecdotal examples and empirical analysis, the book endeavours to answer the question: Have investments in innovation paid off? Big data and analytics underpin the development of the book material. The coverage is truly global, accentuating the economic value created by innovation in the technology and pharmaceutical sectors, the two largest bastions of innovation. In addition, it includes numerous examples of successful innovation in global companies while analyzing its economic/financial impact.
Explores the impacts of innovation at both the macro- and micro-economic levels as well as the use of analytics in innovation
Is packed with real world examples and empirical analysis, and builds a strong argument for buttressing the hypothesis that innovation has paid off
Analyzes a large dataset that includes 86 million patent citations, 6 million grants, and 8 million financial data points
Vijay Kumar
Disruptive Innovations Economic Impact of Innovation Facets of Innovation IP Prosecution Innovation Strategy Innovation and Big data Monetizing Innovation Optimal Innovation Levels Pharmaceutical Innovation Technology Innovation Valuing Innovation Valuing Patents