Designing and Implementing an Innovation Management System in Young Academic Institutions Using Agile Methodology
This chapter proposes the use of agile methodology in designing the innovation management system in young academic institutes. Technology innovations from most universities and research institutes originate out of chaos. As a result, it is difficult to associate structure to its management. While there have been many social science research methodology based studies on this subject under the broad umbrella of “Innovation and Technology Management”, there is usually an absence of well defined process to help young academic institutions to manage their intellectual property better. There is a strongly desired need to associate a clearly articulated structure for translation of ideas into technology innovations that will help young academic institutes to inculcate research in students and faculties and would help identify the best commercial application of technology innovations. Agile methodologies are best suited to be adopted in the academic scenario as rapidly changing environment of academic institutes can be easily handled using agile methodology. The aim of this chapter is to produce an evolutionary advance practical innovation management process for academic institutes out of this chaos to inculcate research in students and faculties using agile methodologies.