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Code of Breakthrough Innovations

  • Anda Batraga
  • Jelena Salkovska
  • Liga Braslina
  • Henrijs KalkisEmail author
  • Daina Skiltere
  • Aija Legzdina
  • Girts Braslins
Conference paper
Part of the Advances in Intelligent Systems and Computing book series (AISC, volume 903)

Abstract

Innovations make a significant contribution to economies, while at the same time 85% of innovations in the market are unsuccessful. This is a record high number of unsuccessful innovations, considering the high macro-level support of innovations and researches, devoted to innovations. The study analyzes in detail the technological essence of innovation process, its constituent components, the elements of commercially viable innovations and their interrelations with the aim to find the common thread of successful innovations in the market. The result is the conclusion that there is a specific algorithm that is repeated in the context of commercially successful innovations. The study offers the list of innovative components of innovations and the analysis of the regularities of commercially successful innovation process technology.

Keywords

Innovation components Innovation process technology Breakthrough innovations 

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Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  • Anda Batraga
    • 1
  • Jelena Salkovska
    • 1
  • Liga Braslina
    • 1
  • Henrijs Kalkis
    • 1
    Email author
  • Daina Skiltere
    • 1
  • Aija Legzdina
    • 1
  • Girts Braslins
    • 1
  1. 1.Faculty of Business, Management and EconomicsUniversity of LatviaRigaLatvia

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