The ability to quickly develop highly innovative products and services with manageable risks provides companies with a crucial competitive advantage. Such innovations largely rely on existing knowledge, which is skillfully recombined. A promising approach to purposefully leverage existing knowledge from other areas for one's own innovations is the use of innovative analogies. This involves abstracting a problem to facilitate knowledge transfer from another field, industry, or nature. The book outlines the fundamental relationships of knowledge transfer based on innovative analogies and offers methodological support for application. The approach and key tools are systematized. Case studies of successful innovations based on knowledge transfer are also presented.