e innovation theories are developing towards a higher level, and many scholars are conducting innovation theory research based on ecosystem theory. The two similar models TIM (Total Innovation Management) and Creative Journey presented in [14] and [13] respectively are based on such innovation theories. 12.5.3 Challenges with Innovation Management Some challenges with IM are as follows: Innovation is influenced by more and more factors, like increasing products and services and additional complexity due to growing numbers of partners that are involved in a single product innovation [15]. 2 All times refer to the fact that the teams are present worldwide and working 24/7 and 365 days of the year. Next Generation Mobile Communications Ecosystem The lack of communication and consistency in coordination between the different departments involved in product engineering and the suppliers is another area that needs improvement [15]. Too much emphasis on radical innovation is not good for business. Corporate foresight activities can add value to the company by reducing the threat of being caught off guard by incremental, disruptive or radical change [16]. Apple iPhone is considered as an incremental as well as disruptive force since it started a new trend in the evolution and usage of phones. There should be a clear understanding of how corporate foresight should be linked with innovation management [16]. Cultural norms are definitely an obstacle in the progress of innovation [17]. 12.6 Knowledge Management Although the concept of knowledge management emerged in the 1960s, it only gained considerable momentum in the telecom industry in the late 1990s. Knowledge Management (KM) has acquired many achievements since then along with the application and promotion of ICT (Information Communications Technology). However, people have different ideas on basics of knowledge management, such as the concept of KM, architecture of KM, the range of study and application. For example [18, 19]: Technical schools think that "knowledge ma