Managing innovation dilemmas: Info-gap theory

By Yakov Ben-Haim

Author - Yakov Ben-Haim
Yakov Ben-Haim (biography)

To use or not to use a new and promising but unfamiliar and hence uncertain innovation? That is the dilemma facing policy makers, engineers, social planners, entrepreneurs, physicians, parents, teachers, and just about everybody in their daily lives. There are new drugs, new energy sources, new foods, new manufacturing technologies, new toys, new pedagogical methods, new weapon systems, new home appliances and many other discoveries and inventions.

Furthermore, the innovation dilemma occurs even when a new technology is not actually involved.

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