This book argues that large corporations need to implement governance
practices and processes that make them better innovators and that the
challenge is to identify organizational principles and practices that
provide the best chance of delivering innovative products to create a
meaningful consumer experience. In this context, it is important to
recognize that when we address organizational forms, we are not thinking
of corporate governance in the sense of managing agency costs and
ensuring regulatory compliance, but the more pressing business task of
putting in place organizational systems and processes that facilitate
value creation through continued and sustained innovation. The book
examines how the contemporary concept and discourse of corporate
governance may be obsolete or, at least, is increasingly disconnected
from the needs and realities of the most innovative firms today. The
concept of organizing for innovation-identifying process and practices
that deliver the best opportunities for innovation-needs to take centre
stage. This book aims to contribute to the nascent debate in this area
by bringing together a series of chapters that examine various issues
related to organizing for innovation.