Author :
Karri Jaya Naga Akhil Reddy, Karri Shyam Venu Gopala Reddy, Nallamilli Sai Lakshmi, Nallamilli Alekhya Reddy, Nallamilli SwarnaJourna Name:
International Journal of Science, Engineering and Technology Country :
IndiaVolume:
12 issue:3 Year:2024 Views : 318
Abstract:
This study has been undertaken to explore effective innovation management practices within the chemical sector. The chemical industry, while mature, faces pressure to innovate for sustainability and market demands. We analyze key challenges and opportunities, highlighting the importance of strategic portfolio management and fostering a culture of creativity. By examining successful approaches, the paper aims to contribute valuable insights for enhancing innovation capabilities in the chemical industry.