TY - BOOK AU - Messeni Petruzzelli,Antonio AU - Albino,Vito TI - When tradition turns into innovation: how firms can create and appropriate value through tradition SN - 1843346648 U1 - 658.575 22 PY - 2012/// CY - Oxford, UK PB - Chandos Pub. KW - Technological innovations KW - Economic aspects KW - Knowledge management KW - Intellectual property KW - Valuation KW - Financial crises KW - History KW - 21st century KW - BUSINESS & ECONOMICS KW - Industrial Management KW - Management KW - Management Science KW - Organizational Behavior KW - Produktinnovation KW - Know-how KW - Tradition KW - Unternehmenskultur N1 - Includes bibliographical references (pages 127-132) and index N2 - Starting from the increasing difficulties firms face to create new value for customers and achieve competitive advantage, this book proposes an innovative strategy to sustain innovation at the product level, based on the notion of tradition. Specifically, the authors argue that firms may successfully innovate, exploiting the whole set of competencies, knowledge, values and culture that characterize a specific firm, territory, and/or age. Analyzing several international case studies, this book clearly shows how tradition may be effectively used, allowing companies to create successful new products and how to profit from them. The book tackles the main issues and problems of a tradition-based innovation approach, tracing the patterns of how old and new knowledge can be combined. Proposes a new strategic model for promoting and sustaining innovation at product levelMerges a theoretical perspective with actual casesDevelops a set of implications that allows managers and practitioners to implement an alternative approach to innovation UR - http://www.sciencedirect.com/science/book/9781843346647 ER -