Innovation decision-making

It may appear much cheaper to employ a culture than add an enzyme to the food process. However, not only economic but also quality control and food safety considerations are involved in decision making in the modern commercial process. Indeed, all three elements of the choice economy, reproducibility and process safety, presented to the manufacturer, have meant that innovations involving enzymes, which may seem fine on the drawing board, have been very tardily adopted by industry. 

Harrison Y, Home JA. One night of sleep loss impairs innovative thinking and flexible decision making. Qrganizat Behav Hum Decis Process 1999 78 128-145. 

Innovation financial management offers an alternative to these methods by identifying, tracking, and updating key assumptions, and linking the verification of these assumptions to the investment decision-making process. 

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