Innovation is a time-consuming process that involves invention as a beginning and a marketable service or product as an end. But innovation itself, once concluded, is not necessarily a constructive act as some innovations yield positive and some negative results. The way we recognize and develop innovation--so often a serendipitous and almost invisible act in its beginning--is thus a matter of primary importance in today's world where new thoughts and products play such a crucial role in economies across the globe. Nowhere is the general support structure required for success in innovation...

Path-breaking innovations are about instigating fundamental changes in people, organizations, communities, and economies. They are complex, continuous, and evolutionary processes that take considerable time, resources, and the efforts of many individuals and organizations to be accomplished successfully. Representing distinct departures from existing practices, they differ from other types of innovation, such as product extensions and incremental improvements. By examining path-breaking innovation processes through in-depth analysis of several large-scale initiatives around the world, the...