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Innofusion: Feedback in the Innovation Process

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Systems Science

Abstract

Innovation — “the process of bringing inventions into commercial use” (Freeman, 1982) — is an important subject, crucial to the health of modern economies. There is currently much discussion in policy circles about how best to encourage innovation. For instance, the first UK Innovation Lecture, sponsored by the Royal Society, the Fellowship of Engineering and the DTI featured Mr. Akio Morita, the Chairman of the highly innovative Sony Corporation (DTI, 1992). There is also an emerging focus on the role of the user in technology development, with a long-running debate centering on the role of the market versus various forms of planning or organizationally mediated transactions (Williamson, 1975). These issues essentially concern the function of different forms of feedback in the innovation process.

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© 1993 Springer Science+Business Media New York

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Fleck, J. (1993). Innofusion: Feedback in the Innovation Process. In: Stowell, F.A., West, D., Howell, J.G. (eds) Systems Science. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-2862-3_30

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  • DOI: https://doi.org/10.1007/978-1-4615-2862-3_30

  • Publisher Name: Springer, Boston, MA

  • Print ISBN: 978-1-4613-6240-1

  • Online ISBN: 978-1-4615-2862-3

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