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innovation [2015/11/13 08:34]
sebastian.schulz created
innovation [2016/02/17 19:49] (current)
marting
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 +===== Innovation =====
 +
 +
 +Despite its popularity, underlying conceptual approaches towards '​innovation'​ and what it empirically
 +refers to remain largely fuzzy, highly context related and subject to normative positions. Therefore a  wide range of approaches defining '​innovation'​ exists.
 +
 "the implementation of a new or significantly improved product (good or service), or process, a new marketing method, or a new organisational method in business practices, workplace organisation or external relations"​ (OECD/​Eurostat 2005:46) "the implementation of a new or significantly improved product (good or service), or process, a new marketing method, or a new organisational method in business practices, workplace organisation or external relations"​ (OECD/​Eurostat 2005:46)
  
 "new creation[s] of economic and societal significance,​ primarily carried out by firms (but not in isolation). They include product innovations as well as process innovations"​ (BORRAS/​EDQUIST 2013:5) "new creation[s] of economic and societal significance,​ primarily carried out by firms (but not in isolation). They include product innovations as well as process innovations"​ (BORRAS/​EDQUIST 2013:5)
 +
 +
 +With the aim of establishing a multi-disciplinary meta-definition of (business) innovation, Baregheh et al.
 +(2009) review more than 60 individual definitions used with different disciplines frequently adopting the concept (business and management, economics, organization studies, innovation and entrepreneurship,​ technology/​science/​engineering,​ knowledge management, marketing). Based on procedures related to content-analysis,​ the authors establish the following '​meta-definition':​ '​innovation is the multi-stage process whereby organizations transform ideas into new/​improved products, services or processes, in order to advance, compete and differentiate themselves successfully in their marketplace'​ (Baregheh et al. 2009, p.1334)
innovation.1447403699.txt.gz ยท Last modified: 2015/11/13 08:34 by sebastian.schulz