The latest book by Prahalad on innovation:
The New Age of Innovation: Driving Cocreated Value Through Global Networks by C.K. Prahalad and M.S. Krishnan. A review of the book is in Businessweek.
Other important books from the same author:
- Fortune at the Bottom of the Pyramid: Eradicating Poverty Through Profits (the bottom of the pyramd is large and offers great business opportunities)
- The Future of Competition: Co-creating Unique Value with Customers by C.K. Prahalad and Venkat Ramaswamy (the concept of embracing customers and let them shape your business)
- Competing for the Future by Gary Hamel and C.K. Prahalad (in the book they introduced the concept of core competencies)
A must read for everybody interested in strategy and innovation (and not only).