Three configurations of corporate innovation programs and their interplay

• Published in: European journal of innovation management 2020-01, Vol.23 (1), p.90-113
• Main Authors: Kötting, Michael, Kuckertz, Andreas
• Format: Article
• Language: English
• Subjects: Configurations; Exploitation; Innovations; Success; Venture capital
• ISSN: 1460-1060; 1758-7115
• DOI: 10.1108/EJIM-07-2018-0142

Purpose The success of corporate innovation is based less upon the success of a single innovation program than on a holistic and overarching corporate innovation system integrating various activities. Taking this perspective, the purpose of this paper is to extend existing research on the design of innovation programs. Design/methodology/approach Utilizing an inductive theory-building case study approach, this study provides a detailed analysis of how one of the largest and most successful German technology companies structures its many innovation activities. Findings The analysis identifies key elements of innovation programs and suggests three configurations that illustrate how these generic elements can be structured so as to offer the best fit with the underlying logic of the respective innovation program. Furthermore, this study highlights how the identified configurations come together to deliver overarching strategic innovation goals. Originality/value Existing research too often focuses solely on single innovation programs. The current research is among the first to take a holistic and overarching perspective, considering different innovation programs within a single company and analyzing their configuration and their interplay.