Incentive for research into innovation management: EBS Institute SITE presents the Best Paper Award
The choice fell on outstanding international scientific research papers dealing with practice-oriented innovation management issues. The award, including prize money of 3,000 euros, was presented to the three finalists during a ceremony on the premises of the Sektkellerei Henkell. They had previously convinced the jury of ten university professors and corporate representatives, against top-class international competitors.
The selection criteria comprised not only the scientific quality of the publications but also their practice-relevance and user orientation. First place was awarded to the paper “Ideation-Execution Transition in Product Development” by Eygeny Kagan, Stephen Leider and William S. Lovejoy from the University of Michigan. The scientists demonstrated that designer performance is significantly inferior if they themselves decide when to move on from concept to implementation. According to the study’s authors, delays could be avoided by steering the designers towards early prototyping. Professor Ronald Gleich, Executive Director of SITE, was very pleased with the scientific quality of the submitted publications: “It was not easy for the jury to select the best out of these three outstanding papers. We placed particular emphasis on the interrelationship between science and practice. We would like to congratulate all winners most sincerely.”
The presentation of the SITE Best Paper Award was the twelfth in succession. In addition to the three finalists’ presentations and the ensuing discussions, the guests from academia and practice were given a guided tour of the Henkell sparkling wine manufactory. Florian Rentsch, Chairman of the Board of the Association of Sparda Banks e.V. and patron of this year’s awards, gave a talk on “Disruption and Innovation Management in the Banking Sector”. Dr. Carsten Link, Business Development Office and Global Head of the Center for Digital Leadership at SAP SE, spoke about “Radical Business Model Transformations & Digital Transformations”. The Best Paper Award is sponsored by the airline Emirates, Sektkellerei Henkell and the companies Oerlikon and Jeppesen.