Innovation Fitness (Aptitude a l’Innovation)

John Bessant&

Allen Alexander

….Is not just Invention

“the successful exploitation of new ideas” DIUS 2008

Innovation….

Consumers• Higher Quality &

Better Value Goods• More Efficient

Services (both Private & Public)

• Higher Standard of Living

Businesses

Sustained & Increased Growth

Higher Profits, Greater Return on Investment

Employees Engaged on New & Interesting Work

• Developed through a World Bank Research Project led by Professor Bessant – Imperial College, London.

• Seated in research on Absorptive Capacity

“What makes an organisation innovate effectively”

Innovation Fitness

Fit for Innovation

Benchmarking

Questions

Allen AlexanderSenior Research Fellow in Innovation

University of Exeter

00 44 (0) 7870 237232A.T.Alexander@ex.ac.uk