ABSTRACT

This fully updated second edition explores the importance of innovation and innovative thinking for the long-term success of today’s leading media, telecommunications, and information technology companies.

The book takes an in-depth look at how smart, creative companies have transformed today's digital economy by introducing unique and highly differentiated products and services. This edition provides a detailed overview of intelligent networks and analyzes disruptive business models and processes from companies involved in social media, artificial intelligence, the metaverse, smart cities, and robotics among other emerging areas. From Apple to Zoom, this book considers some of the key people, companies, and strategies that have transformed the communication industries. Exploring the power of good ideas, this book goes inside the creative edge and looks at what makes such companies successful over time.

Digital Media and Innovation is suited to advanced undergraduate and graduate courses in media management, media industries, communication technology, and business management and innovation, and provides up-to-date research for media and business professionals.

chapter 1|19 pages

Innovation and the Power of a Good Idea

chapter 2|19 pages

Business Model Innovation

chapter 3|24 pages

Product Innovation and Design

chapter 4|22 pages

Business Process Innovation

chapter 5|23 pages

The Digital Economy I

Information Search, Exchange, and Interactivity

chapter 6|23 pages

The Digital Economy II

Personalization, Mobility, Virtual Communication, and Convergence

chapter 7|20 pages

Artificial Intelligence

chapter 10|26 pages

Business and Innovation Failure

The Challenges of Reinvention

chapter 11|20 pages

Smart Cities/Smart Homes

chapter 13|18 pages

Creating a Culture of Innovation