Innovation and Strategic Management Annotated Bibliography
MGT/411

Article One:
Innovation and Strategic Management Annotated Bibliography

Sánchez, A., Lago, A., Ferràs, X., & Ribera, J (2011) Innovation Management Practices, Strategic Adaptation, and Business Results: Evidence from the Electronics Industry. Journal of Technology Management & Innovation; 2011, Vol. 6 Issue 2, p14-39. Retrieved from Ebscohost The study in this write up was conducted to carefully evaluate if any; the relationship between bring up new ideas and working guidelines and the benefits to a company down the road. Studies have over time suggested that agencies run under government make efforts to encourage creativity and new ideas in small and medium scale businesses. These agencies do this to strengthen the competitive edge of small and medium scale enterprises. But we must state that at this time, there are no long term results to validate these efforts. The writers used graphic projections to design a business model for these enterprises to follow. The type of companies studied shared a lot in common; like size and positions on the business ladder. The results were sufficient enough to show an increase in revenue but not profits or productivity in these companies.

Article Two:
Almirall, E., & Casadesus-Masanell, R. (2010). Open Versus Closed Innovation: A model of Discovery and Divergence. Academy of Management Review; Jan2010, Vol. 35 Issue 1, p27-47. Retrieved from Ebscohost.

This article researches into the question: When is open innovation superior to closed innovation?
From some very detailed studies, researchers created an interesting model that shows how accepting a clear approach to new ideas can grow any business. And on the down side, the study also showed that when every executive in a business is not in line with a new