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The Flip Side of Strategic Innovation: An Overview of Perceived Risks

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Flexibility, Resilience and Sustainability

Part of the book series: Flexible Systems Management ((FLEXSYS))

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Abstract

Strategic innovation has been a perpetual research area in different forms of strategic management. Strategic innovation in organisations has been underpinned to develop new products. This study explores the academic literature to track the theoretical correlation between risks and strategic innovation. This study also identifies perceived risks in strategic innovation obtained from a literature review of the area. The insights generated from the bibliometric analysis are integrated with the rationale for risks in strategic innovation. The results indicate that although strategic innovation has been manifested in the pursuit of competitive advantage, the grey shade of strategic innovation, especially risks, is less explored. The findings from this study would facilitate in identifying microscopic perceived risks in strategic innovation and would aid in understanding the trade-off between benefits and risks in strategic innovation.

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Author information

Authors and Affiliations

  1. Jindal Global Business School, OP Jindal Global University, Sonipat, Haryana, India

    Kamala Kannan Dinesh

  2. Department of Management Studies, Indian Institute of Technology Delhi, New Delhi, India

    Sushil

Authors
  1. Kamala Kannan Dinesh
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  2. Sushil
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Corresponding author

Correspondence to Kamala Kannan Dinesh .

Editor information

Editors and Affiliations

  1. Department of Management Studies, Indian Institute of Technology Delhi, New Delhi, Delhi, India

    Sushil

  2. Finance and Control, Indian Institute of Management Shillong, Shillong, Meghalaya, India

    Neelam Rani

  3. Operations and Quantitative Techniques, Indian Institute of Management Shillong, Shillong, Meghalaya, India

    Rohit Joshi

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Dinesh, K.K., Sushil (2024). The Flip Side of Strategic Innovation: An Overview of Perceived Risks. In: Sushil, Rani, N., Joshi, R. (eds) Flexibility, Resilience and Sustainability. Flexible Systems Management. Springer, Singapore. https://doi.org/10.1007/978-981-99-9550-9_7

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