Technical specifications must be thoroughly prepared.
Innovation relies on dreams and blue-sky ideas
Big projects will develop better innovations than smaller ones. Larger firms are now encouraging their people to work in smaller groups, easier to generate creative ideas.
Technology is the driving force of innovation success. Technology is certainly a driving factor in many innovations, but it is not the only success factor. Customer or market is the driving force behind any innovation. Market-driven or customer-based innovations have the highest probability of success.