PALO ALTO, Calif. - September 2, 2022 - (Newswire.com)

Fulton Books author Prith Banerjee, Ph.D., who currently is the Chief Technology Officer at Ansys, and serves on the board of directors of Turntide Technologies, has completed his most recent book "The Innovation Factory": a potent look at the best methodologies for increasing successful innovations from all sides.

"Even though a quarter of a century has passed since Clayton Christensen's 'The Innovator's Dilemma' was first published, business leaders still find themselves confronted with the same problem," writes Banerjee. "A profound disconnect too often exists between innovation development and business outcomes. Companies say they want the stimulus of innovation and even handsomely fund their in-house R&D. Yet when it comes time for a call to action, such as launching a new product or service, they often back away from the risk. Sadly, the American corporation's decision makers all too often decide to play it safe, and the innovation doesn't go into play at all.

"In my thirty-five-year technology career, from academia, to my own start-ups, and to managing innovation in enterprise environments, I have encountered many large companies who have R&D collaborations with academia and with start-ups. Open innovation with academia and start-ups, the focal point of this book, is not new. Unfortunately, many of these collaborations do not result in true innovation. My book explores the ingredients of the secret sauce required to generate successful open innovation.

"'The Innovation Factory' provides essential, practical guidance for all parties wishing to work toward successful collaborations that achieve innovation in its many aspects. Perhaps you have already launched some partnerships; if so, this book will help both of you make them more successful. Whether you have or have not, this is the only book you need to launch and partner in open innovation initiatives."

Published by Fulton Books, Prith Banerjee, Ph.D.'s book will transform how readers think of and approach innovation. Successfully using his own personal experiences with innovation within academia, start-ups, and large corporate settings, Banerjee provides the basic building blocks of what innovation is meant to be.

Readers who wish to experience this groundbreaking work can purchase "The Innovation Factory" at bookstores everywhere, or online at the Apple iTunes store, Amazon, Google Play or Barnes and Noble.

Please direct all media inquiries to Author Support via email at support@fultonbooks.com or via telephone at 877-210-0816.

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Original Source: Prith Banerjee, Ph.D.'s New Book 'The Innovation Factory' is a Smart and Revolutionary Guide to Understanding Best Practices to Help Further Industrial Innovation