Chapter 14. Innovation for Growth

  1. Dr. Florian Budde Director2,
  2. Prof. Dr. Utz-Hellmuth Felcht Chairman of the Board of Management (CEO)3 and
  3. Dr. Heiner Frankemölle Director4
  1. Dr. Thomas M. Connelly Jr.

Published Online: 7 FEB 2008

DOI: 10.1002/9783527612246.ch14

Value Creation: Strategies for the Chemical Industry, Second Edition

Value Creation: Strategies for the Chemical Industry, Second Edition

How to Cite

Connelly, T. M. (2005) Innovation for Growth, in Value Creation: Strategies for the Chemical Industry, Second Edition (eds F. Budde, U.-H. Felcht and H. Frankemölle), Wiley-VCH Verlag GmbH & Co. KGaA, Weinheim, Germany. doi: 10.1002/9783527612246.ch14

Editor Information

  1. 2

    McKinsey & Company, Inc., Taunustor 2, 60311 Frankfurt/M., Germany

  2. 3

    Degussa AG, Bennigsenplatz 1, 40474 Düsseldorf, Germany

  3. 4

    McKinsey & Company, Inc., Magnusstrasse 11, 50672 Cologne, Germany

Author Information

  1. DuPont Company, P.O. Box 80328, Wilmington, Delaware, 19880-0328, USA

Publication History

  1. Published Online: 7 FEB 2008
  2. Published Print: 25 NOV 2005

ISBN Information

Print ISBN: 9783527312665

Online ISBN: 9783527612246

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Keywords:

  • chemical industry;
  • innovation for growth;
  • ever-present challenges;
  • collaborate;
  • external partners;
  • internal partners;
  • draw upon many sciences;
  • applications;
  • many other markets

Summary

This chapter contains sections titled:

  • The Ever-Present Challenges for the Innovation Process

  • Three Lessons Guide Us

    • Lesson 1 – Collaborate with both External and Internal Partners

      • Polymerizations in Carbon Dioxide

      • Bio-based Technology with MIT

      • Nanotechnology for the Soldier

      • Additional Collaborations with the US Government

      • Partnerships are just as Important In-house

    • Lesson 2 – Draw upon Many Sciences

      • A New Business in Pathogen Screening

      • Biology Provides More Economical Routes

      • A Top Innovation in Nanotechnology

    • Lesson 3 – Technologies Can Find Applications in Many Other Markets

  • What Will the Future Bring?

  • Summary