"Designed to meet the increasing number of courses in this vitally important area of business, Innovation Management is the first text to provide full course coverage of innovation management as its core theme. Drawing from his professional and academic experience, Allan Afuah shows the relationship between innovation, a management function, and profitability, a financial function. He creates a framework to encompass the basic questions of the "who, what, when, and where" of innovation, combining the latest theoretical discussions with abundant examples. Because of its integrative presentation, the text takes a unique multi-functional approach, covering the important contributions of economics, organizational theory, marketing, and finance to innovation management. This approach provides the student with a full presentation of appropriate management theory, as well as detailed coverage of practical concerns such as the role of government regulation, choosing a profit site, and the transfer of innovation." "Because of the crucial importance of innovation, Innovation Management is an ideal text for business school programs and provides guidance for executives and managers looking to understand the value of innovation."--Jacket.