A Review on Success and Failure of Innovation

Pankaj Meel

doi:10.55524/ijirem.2021.8.6.188

Abstract

This study sees an ebb and flows research on the factors that impact the achievement or disappointment of innovative drives. Nine articles give a more noteworthy number of likely purposes behind progress or disappointment, as well as positioning. Whenever we look at these rankings, we find that the nine examinations show a high similitude among the main 10 achievement factors, however insignificant likeness among the lower positioning ones. As far as factors prefer cutthroat strength, R&d venture, the degree to which a task is "inventive" or "innovatively progressed," and top administration backing, the different examinations are either inconsistent or uncertain. Notwithstanding, there is understanding that variables, for example, firm culture, development experience, the multidisciplinary idea of the R&D group, and unequivocal affirmation of the aggregate idea of the advancement cycle, as well as the advantages of the lattice association, decidedly affect creative achievement.

Keywords

Competition, Innovation, Success Factors, Strength, Viability.

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Cites this article as

P. Meel "A Review on Success and Failure of Innovation", International Journal of Innovative Research in Engineering & Management (IJIREM), Vol-8, Issue-6, Page No-845-849, 2021. Available from: https://doi.org/10.55524/ijirem.2021.8.6.188