We consider a multicomponent, single-product assemble-to-order (ATO) system that faces frequent, component-based technology innovations. For each component, there are two technologies with overlapping life cycles coexisting in the market. All cost parameters associated with each technology...

Divergence of new and old technologies is a source of tremendous innovation potential. As the dizzying pace of technological innovation accelerates indefinitely into tomorrow, not only do new paths diverge exponentially; doors already opened are increasingly abandoned for the allure of things...

The Czech government considers innovation policy a key component of the effort to improve the business environment. This paper underscores the importance for the Czech Republic of expanding R&D activities that have a potential for commercial innovation. It also points to the relevance of good...

Technology development is often a boundary-spanning activity where insights and discoveries from different organizations or organizational units are merged into new products or new technical solutions. In some cases, projects of this kind are organized within large multinational firms. In other...

Innovation in the small business can be conceived of as a management process and challenge that can fundamentally affect business performance. This process, when mapped, offers a framework that can be used to encourage and enhance successful innovation management. The paper outlines an...