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Valuing Corporate Innovation

Strategies, Tools, and Best Practice From the Energy and Technology Sector

  • Gunther Friedl
  • Horst J. Kayser

Part of the Management for Professionals book series (MANAGPROF)

Table of contents

  1. Front Matter
    Pages i-ix
  2. Gunther Friedl, Horst J. Kayser
    Pages 1-3
  3. Christopher Scheubel, Philipp Bierschneider, Holger Gierse, Ralf Hermann, Michael Wokusch
    Pages 39-70
  4. Friedrich Walcher, Ulrich Wöhrl
    Pages 71-110
  5. Gunther Friedl, Horst J. Kayser
    Pages 111-112
  6. Back Matter
    Pages 113-114

About this book

Introduction

This book presents tools for valuing and controlling corporate innovation. It combines a well-established theoretical framework with case studies at Siemens that illustrate the practice of valuing and controlling innovation and underline the strong link between theoretical concepts and practical application. Innovation is a key factor determining the success of companies and since corporate innovation consumes large quantities of resources, the issue of how best to distribute these resources among different projects is crucial. For an optimal resource allocation, companies need valuation tools to assess the benefits, costs and risks of competing projects. The energy sector is an example of a market that is strongly driven by innovation, and as such the book describes the processes and the potential of digitalizing product development and outlines the valuation process for a long-term innovation project in this sector – the development of the latest Siemens gas turbine.

Keywords

Energy Sector R&D Research & Development Product Lifecycle Management Innovation Performance Measurement Gas Energy Resources

Editors and affiliations

  • Gunther Friedl
    • 1
  • Horst J. Kayser
    • 2
  1. 1.TUM School of ManagementTechnical University MunichMunichGermany
  2. 2.Siemens AGMunichGermany

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-319-64864-4
  • Copyright Information Springer International Publishing AG 2018
  • Publisher Name Springer, Cham
  • eBook Packages Business and Management
  • Print ISBN 978-3-319-64863-7
  • Online ISBN 978-3-319-64864-4
  • Series Print ISSN 2192-8096
  • Series Online ISSN 2192-810X
  • Buy this book on publisher's site