In The New Age of Innovation, the late C.K. Prahalad and M.S. Krishnan, professors at the Michigan Ross School of Business, describe both how the creation of value by businesses is going to change, and how information technology (IT) is the tool that will allow them to make that change. This note summarizes, at a very high level, some of this book’s main concepts, focusing on the overview presented in the first chapter.
Note on Prahalad and Krishnan’s The New Age of Innovation
by: Scott Moore
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After reading and discussing the material, students should:
- Understand the basic concepts of N=1;R=G as presented within Prahalad's and Krishnan's book, The New Age of Innovation.