From the Editor

The 'mantra' of every organization today is Innovation. It is something like "Living the innovation way". If you're like most business leaders, innovation would be now on the top of your priority list. Everywhere there is excitement about the importance of innovation. Innovation is considered absolutely necessary for competitive advantage. The effort of all those organizations in league, is to make innovation a core competence. Most organizations today are accepting innovation as a philosophy rather than a prescription. In light of this, we have a great opportunity, not only to share ideas, thoughts and opinions, but, to share research findings on innovation. This special issue of PES Business Review carries a few research papers which were contributed to the International conference on "Innovation for Competitive advantage", organized by PESIM on January 5-6,2008. Our partners in the Conference are Indiana University of Pennsylvania and the International Society for Competitiveness.