Theory of Innovation

Theory of Innovation
Author: Jati Sengupta
Publisher: Springer Science & Business Media
Total Pages: 161
Release: 2013-10-04
Genre: Business & Economics
ISBN: 3319021834

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The current economic theory of innovation mainly analyses the technology factor and its impact on economic growth. In today's world, growth in information technology and knowledge of new ideas has altered the business paradigm dramatically. Modern economies have undergone a dynamic shift from material manufacturing to a new information technology model with research and development (R&D) and human capital. Through information and communications technology efficient information usage has achieved substantial productivity gains through learning by doing and incremental innovations. The present volume discusses this new paradigm in terms of both theory and industry applications, including Schumpeter in his innovation model and the emphasis on new innovations replacing the old. Growth of business networking and R&D consortium have dramatically helped the modern business to reduce their unit costs and improve efficiency. This volume presents some new models emphasizing knowledge sharing and R&D cooperation. Rapid growth in recent times in some south Asian countries have been cited as growth miracles are largely caused by knowledge spillover and learning by doing, and this volume also investigates the role of incremental innovations. With a strong focus and extension of the current theory of innovation and industry growth experiences of both the US and Asian countries, this book will be of interest to MBA and graduate students in economics, innovation management, and applied industrial economics.

The Chocolate Model of Change

The Chocolate Model of Change
Author: Diane Dormant
Publisher: Lulu.com
Total Pages: 273
Release: 2011-07-03
Genre: Business & Economics
ISBN: 1257867555

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A how-to-guide to get others in your organization to accept new technologies, processes, regulations, management, etc.

Information Seeking Behavior and Technology Adoption: Theories and Trends

Information Seeking Behavior and Technology Adoption: Theories and Trends
Author: Al-Suqri, Mohammed Nasser
Publisher: IGI Global
Total Pages: 345
Release: 2015-02-28
Genre: Technology & Engineering
ISBN: 1466681578

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With the increasingly complex and ubiquitous data available through modern technology, digital information is being utilized daily by academics and professionals of all disciplines and career paths. Information Seeking Behavior and Technology Adoption: Theories and Trends brings together the many theories and meta-theories that make information science relevant across different disciplines. Highlighting theories that had their base in the early days of text-based information and expanding to the digitization of the Internet, this book is an essential reference source for those involved in the education and training of the next-generation of information science professionals, as well as those who are currently working on the design and development of our current information products, systems, and services.

National Systems of Innovation

National Systems of Innovation
Author: Bengt-Åke Lundvall
Publisher: Anthem Press
Total Pages: 405
Release: 2010
Genre: Business & Economics
ISBN: 1843318822

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'National Systems of Innovation' presents a new perspective on the dynamics of the national and the global economy. Its starting point is that the international competitiveness of nations is founded on innovation. Which role do different parts of the national system play in determining the long-term dynamics of the economy? What is happening to the coherence of national systems of innovation in an era characterised by far-reaching internationalisation and globalisation? These and other issues are addressed in this volume. Available for the first time in paperback, the book is an invaluable resource for scholars and policy-makers.

Innovation, Knowledge Communities, and the Hidden Structure of Technology

Innovation, Knowledge Communities, and the Hidden Structure of Technology
Author: Phin Upham
Publisher: Edward Elgar Publishing
Total Pages: 216
Release: 2022-02-28
Genre:
ISBN: 9781800371828

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Breakthroughs in science and technology increasingly happen outside of firms in informal interorganizational communities of innovators. The effort of a group on a specific topic across firms, expertise, and geography can function as an emergent organizational form, capable of great productivity. Using data from computer science, basic research, and management strategy to identify and study these intense clusters of innovators, or 'knowledge communities, ' this book illuminates the new organizational logics that govern such collective success. The interplay between organizational boundaries and interorganizational collaboration reveals interesting and counterintuitive lessons about how science and technology work in practice. These insights fundamentally challenge the centrality of both firm boundaries and geographic clusters for innovation in favor of a decentralized network perspective. Academics seeking to understand innovation in science and technology, allocators of grants and research support, corporate R&D departments, policy makers and NGOs, venture capitalists, and management consultants will all benefit from this original and challenging work.

Models of Innovation

Models of Innovation
Author: Benoit Godin
Publisher: MIT Press
Total Pages: 340
Release: 2017-02-24
Genre: Technology & Engineering
ISBN: 0262035898

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Benoît Godin is a Professor at the Institut national de la recherche scientifique, Montreal. Models abound in science, technology, and society (STS) studies and in science, technology, and innovation (STI) studies. They are continually being invented, with one author developing many versions of the same model over time. At the same time, models are regularly criticized. Such is the case with the most influential model in STS-STI: the linear model of innovation. In this book, Benoît Godin examines the emergence and diffusion of the three most important conceptual models of innovation from the early twentieth century to the late 1980s: stage models, linear models, and holistic models. Godin first traces the history of the models of innovation constructed during this period, considering why these particular models came into being and what use was made of them. He then rethinks and debunks the historical narratives of models developed by theorists of innovation. Godin documents a greater diversity of thinkers and schools than in the conventional account, tracing a genealogy of models beginning with anthropologists, industrialists, and practitioners in the first half of the twentieth century to their later formalization in STS-STI. Godin suggests that a model is a conceptualization, which could be narrative, or a set of conceptualizations, or a paradigmatic perspective, often in pictorial form and reduced discursively to a simplified representation of reality. Why are so many things called models? Godin claims that model has a rhetorical function. First, a model is a symbol of “scientificity.” Second, a model travels easily among scholars and policy makers. Calling a conceptualization or narrative or perspective a model facilitates its propagation.

Engaging Citizens in Policy Making

Engaging Citizens in Policy Making
Author: Randma-Liiv, Tiina
Publisher: Edward Elgar Publishing
Total Pages: 320
Release: 2022-02-15
Genre: Political Science
ISBN: 1800374364

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This is an open access title available under the terms of a [CC BY-NC-ND 4.0] License. It is free to read, download and share on Elgaronline.com. Exploring academic and policy thinking on e-participation, this book opens up the organizational and institutional 'black box' and provides new insights into how public administrations in 15 European states have facilitated its implementation.

Diffusion of Innovations

Diffusion of Innovations
Author: Everett M. Rogers
Publisher:
Total Pages: 0
Release: 2012
Genre:
ISBN:

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Getting an innovation adopted is difficult; a common problem is increasing the rate of its diffusion. Diffusion is the communication of an innovation through certain channels over time among members of a social system. It is a communication whose messages are concerned with new ideas; it is a process where participants create and share information to achieve a mutual understanding. Initial chapters of the book discuss the history of diffusion research, some major criticisms of diffusion research, and the meta-research procedures used in the book. This text is the third edition of this well-respected work. The first edition was published in 1962, and the fifth edition in 2003. The book's theoretical framework relies on the concepts of information and uncertainty. Uncertainty is the degree to which alternatives are perceived with respect to an event and the relative probabilities of these alternatives; uncertainty implies a lack of predictability and motivates an individual to seek information. A technological innovation embodies information, thus reducing uncertainty. Information affects uncertainty in a situation where a choice exists among alternatives; information about a technological innovation can be software information or innovation-evaluation information. An innovation is an idea, practice, or object that is perceived as new by an individual or an other unit of adoption; innovation presents an individual or organization with a new alternative(s) or new means of solving problems. Whether new alternatives are superior is not precisely known by problem solvers. Thus people seek new information. Information about new ideas is exchanged through a process of convergence involving interpersonal networks. Thus, diffusion of innovations is a social process that communicates perceived information about a new idea; it produces an alteration in the structure and function of a social system, producing social consequences. Diffusion has four elements: (1) an innovation that is perceived as new, (2) communication channels, (3) time, and (4) a social system (members jointly solving to accomplish a common goal). Diffusion systems can be centralized or decentralized. The innovation-development process has five steps passing from recognition of a need, through R&D, commercialization, diffusions and adoption, to consequences. Time enters the diffusion process in three ways: (1) innovation-decision process, (2) innovativeness, and (3) rate of the innovation's adoption. The innovation-decision process is an information-seeking and information-processing activity that motivates an individual to reduce uncertainty about the (dis)advantages of the innovation. There are five steps in the process: (1) knowledge for an adoption/rejection/implementation decision; (2) persuasion to form an attitude, (3) decision, (4) implementation, and (5) confirmation (reinforcement or rejection). Innovations can also be re-invented (changed or modified) by the user. The innovation-decision period is the time required to pass through the innovation-decision process. Rates of adoption of an innovation depend on (and can be predicted by) how its characteristics are perceived in terms of relative advantage, compatibility, complexity, trialability, and observability. The diffusion effect is the increasing, cumulative pressure from interpersonal networks to adopt (or reject) an innovation. Overadoption is an innovation's adoption when experts suggest its rejection. Diffusion networks convey innovation-evaluation information to decrease uncertainty about an idea's use. The heart of the diffusion process is the modeling and imitation by potential adopters of their network partners who have adopted already. Change agents influence innovation decisions in a direction deemed desirable. Opinion leadership is the degree individuals influence others' attitudes.

Entrepreneurship and Innovation

Entrepreneurship and Innovation
Author: Tim Mazzarol
Publisher: Springer Nature
Total Pages: 529
Release: 2019-11-27
Genre: Business & Economics
ISBN: 9811394121

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This book provides an overview of the theory, practice and context of entrepreneurship and innovation at both the industry and firm level. It provides a foundation of ideas and understandings designed to shape the reader’s thinking and behaviour to better appreciate the role of innovation and entrepreneurship in modern economies, and to recognise their own abilities in this regard. The book is aimed at students studying advanced levels of entrepreneurship, innovation and related fields as well as practitioners (for example, managers, business owners). As entrepreneurship and innovation are largely indivisible elements and cannot be adequately understood if studied separately, the book provides the reader with an overview of these elements and how they combine to create new value in the market. This edition is updated with recent international research, including research and examples from Europe, the US, and the Asia-Pacific region.

Creativity and Innovation

Creativity and Innovation
Author: Taylor & Francis Group
Publisher: Routledge
Total Pages: 248
Release: 2022-02
Genre:
ISBN: 9781032204635

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This award-winning book brings together some of the world's best thinkers and researchers to offer insights on creativity, innovation, and entrepreneurship. The new edition features fully updated chapters, including expanded coverage of exciting topics such as group creativity, ethics, development, Makerspaces, and lessons from other fields.