Bon Voyage!

Well, Typepad, it's been fun! I thoroughly enjoyed and appreciate all the great groundbreaking we did here on MFTM. But it's time to move on!

Message from the Muse is alive and well, on it's own dot com, www.MessagefromtheMuse.com!!!

And for those of you familiar with my wonder-world of Duirwaigh, be it known now and forever, that Message from the Muse has found a permanent home there. ALL NEW INSPIRATION on www.Duirwaigh.com

Come play with us!

~angi
ps. If you've signed up to receive email notification of postings here, or an RSS feed, you will NOT be receiving updates anymore - YOUR REGISTRATION WILL NOT TRANSFER! PLEASE SIGN UP ON DUIRWAIGH.COM TO RECEIVE UPDATES FOR THE NEW MESSAGE FROM THE MUSE!

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In the organizational context, innovation may be linked to performance and growth through improvements in efficiency, productivity, quality, competitive positioning, market share, etc. All organizations can innovate, including for example hospitals, universities, and local governments.

While innovation typically adds value, innovation may also have a negative or destructive effect as new developments clear away or change old organizational forms and practices. Organizations that do not innovate effectively may be destroyed by those that do. Hence innovation typically involves risk. A key challenge in innovation is maintaining a balance between process and product innovations where process innovations tend to involve a business model which may develop shareholder satisfaction through improved efficiencies while product innovations develop customer support however at the risk of costly R&D that can erode shareholder return. In summary, innovation can be described as the result of some amount of time and effort into researching (R) an idea, plus some larger amount of time and effort into developing (D) this idea, plus some very large amount of time and effort into commercializing (C) this idea into a market place with customers . (Reference needed)

Innovation has been studied in a variety of contexts, including in relation to technology, commerce, social systems, economic development, and policy construction. There are, therefore, naturally a wide range of approaches to conceptualizing innovation in the scholarly literature. See, e.g., Fagerberg et al. (2004).

Fortunately, however, a consistent theme may be identified: innovation is typically understood as the successful introduction of something new and useful, for example introducing new methods, techniques, or practices or new or altered products and services. [some references would be useful here!]

[Tanky Bogus]

Get out the champagne! Here's to Duiwaigh Gallery & Publishing, thank you for being the inspiration and the Doorway to Myself, the beauty and the scenery from up high on that Magic Carpet Ride has been delicious! I personally am soooo looking forward to more from the Dream Team at Duirwaigh Studios. You never fail to amaze me, you do, you do. You are a fountain of overflowing abundance, I want more, more more more !!!