Knowledge Innovation Strategy: Why Cats Don’t Take Part in Rat Race?

The book elaborates on strategies that can help organizations in achieving sustainable innovation; the author calls such innovations as systemic knowledge innovation (SKI). In the book, Parag Kulkarni emphasizes the point that one doesn’t need big teams and huge funds to find solutions to the problems. The organizations must not concentrate only on creating value-based innovation (VBI) focusing only on profit, cost reduction and/or finding new market segment but they should look beyond creating value for stakeholders. This value may be social, economic, business or psychological in nature. According to author these VBIs lead to short-term gains and don’t create a long-term impact on the system. The book gives the concept of Systemic Knowledge Innovation (SKI) which focuses on knowledge inefficiencies of the system thus creating a new uncontested knowledge space.