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It may be that the best way to manage innovation is
to refrain from attempting to manage it at all. Consider using a collection of
personal publishing channels to allow friction-free chaos to flourish.
"But challenges still remain, particularly for companies trying to
understand how best to manage innovation in their businesses." -- Euroabstracts
I suspect the author intended to say that the
results of innovation should be managed (I hope he/she did
anyway). It's important to capture and reuse information about the innovative
process, but there is little benefit in managing the innovation process. In
fact, doing so will adversely affect the performance of individuals
and teams charged in such creative thinking.
"Knowledge is the most important resource for today’s – and even more for
tomorrow’s – companies..." -- Euroabstracts
Flag on the play - call this one back. The most precious
resource is people, not "knowledge".
Knowledge is not a resource, it's a force (like gravity) that cannot be plucked
from a tree like fruit, or placed in a bin like nuts and bolts. It is
synthesized when humans (and sometimes machines) digest and transform
information to create an increased capacity to act wisely. The more people are
empowered to transform information, the greater the knowledge-force.
Motivate with chaos in mind...
If there was any 'management process' that innovation could benefit from, it
would be a model for motivating employees to engage in innovative
thinking. But to do that, you have to measure the degree to which it is
pursued. That which gets measured, gets done - this
is no less true of the innovation
process than any other. Once innovation goals are
broadly communicated and rewards for achieving milestones
are established, the pace of ideas accelerates. | 
