Description
Write an annotated bibliography of three references on innovation and strategic management. Your annotated bibliography must complete the following:
Include three APA-formatted references that are not from the same author.
Contain an abstract of at least 200 words for each reference.
Focus on the relationship between innovation and strategic management, specifically on the way innovation is shaping traditional strategic management.
Answer the following in at least 200 words after you complete your annotated bibliography:
Based on your literature review, what are the current strategic management trends that are being shaped by innovation?
What specific aspects of innovation are the most influential in shaping strategic management?
Explain your answers.
Explanation & Answer
Running Head: ANNOTATED BIBLIOGRAPHY.
Annotated Bibliography
Institutional Affiliation:
Date:
1
ANNOTATED BIBLIOGRAPHY.
2
Davenport, T. H., Leibold, M., & Voelpel, S. (2006). Strategic management in the
innovation economy: Strategy approaches and tools for dynamic innovation capabilities.
Erlangen: Publicis.
This book states that innovation is the process of transforming an initiative or invention
into a good or service that makes value or for which consumers will pay. The books still shows
that for an idea to be referred to as innovation it ought to be replicable at a reasonable cost and
should as well gratify a precise requirement. Innovation is said to be linking premeditated
application of imagination, information and inventiveness in developing bigger or dissimilar
standards from resources, and comprises all method by which novel ideas are engendered and
transformed into valuable products.
On the other hand this source affirms that Strategic Management is concerned with the
recognition a...
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