Understanding the interplay between brand and innovation management: findings and future research directions
Tim Oliver Brexendorf, Barry Bayus, Kevin Lane Keller
Journal of the Academy of Marketing Science · 2015 · Volume 43 · Issue 5
DOI: 10.1007/s11747-015-0445-6
Abstract
Brand and innovation management have become increasingly important priorities for firms over the last few decades. Firms rely on strong brands and product innovations to gain competitive advantage and fuel growth. Although academic research has addressed a number of different areas and topics that have collectively advanced our understanding, the interrelationship between branding and innovations is still relatively under-researched. Brand and innovation management need and benefit from each other, suggesting a need for a deeper integration between the two. Towards that goal, this article presents a conceptual framework to help structure the interrelationship and suggests a number of future research directions.
Keywords
Brand-led innovation management, Innovation-led brand management, Brand strategy, Brand management, New product development, Innovation management
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