Advertisement

Studies of Innovation: Challenges and Possibilities — The Researchers’ Perspective

  • Nina Rilla
  • Pekka Pesonen

Abstract

The importance of innovations for long-term growth on economic and firm level has been widely acknowledged (Cantwell, 1999). However, the explanation of the term ‘innovation’, the main motor of industry and company renewal, has often been neglected. Moreover, the lack of common definition has been a hindrance, for instance, in making comparative studies (Johannessen et al., 2001). In order to explain innovation, we need, first, to make a distinction between invention and imitation. Invention is an idea or a model for something (Freeman, 1987), whereas in order for invention to be called an innovation, it has to be commercialized on the market by a business or equivalent (Schumpeter, 1963; OECD, 2005), that is, to be diffused to other parties beyond the discoverers (Garcia and Calantone, 2002). Imitation, on the other hand, is an innovation which has been copied by others (Marquis, 1988). Imitation has not by any means always been regarded with a negative connotation but has been highly appreciated activity; this is still the case today, since imitation can also be understood as technology diffusion.

Keywords

Innovation Process Innovation Activity Innovation Study Industrial Innovation Industry Life Cycle 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Cantwell, John (1999) ‘Innovation as the Principal Source of Growth in the Global Economy’, in Daniele Archibugi, Jeremy Howells and Jonathan Michie (eds), Innovation Policy in a Global Economy, Cambridge: Cambridge University Press, pp. 225–41.CrossRefGoogle Scholar
  2. Drejer, I. (2004) ‘Identifying Innovation in Surveys of Services: A Schumpeterian Perspective’, Research Policy, Vol. 33, No. 3, pp. 551–62.CrossRefGoogle Scholar
  3. Fagerberg, Jan (2006) ‘Innovation: A Guide to the Literature’, in J. Fagerberg, D. Mowery and R. Nelson (eds), The Oxford Handbook of Innovation, Oxford: Oxford University Press, pp. 1–26.CrossRefGoogle Scholar
  4. Freeman, C. (1987) Technology Policy and Economic Performance: Lessons from Japan, London: Pinter.Google Scholar
  5. Garcia, Rosanna and Calantone, Roger (2002) ‘A Critical Look at Technological Innovation Typology and Innovativeness Terminology: A Literature Review’, Journal of Product Innovation Management, Vol.19, No. 2, pp. 110–32.CrossRefGoogle Scholar
  6. Godin, Benoît (2008) ‘Innovation: The History of Category’, Project on the Intellectual History of Innovation, Working Paper No.1. Available at: http://www.csiic.ca/PDF/IntellectualNo1.pdfGoogle Scholar
  7. Henderson, R. and Clark, K. (1990) ‘Architectural Innovation: The Reconfiguration of Existing Product Technologies and the Failure of Established Firms’, Administrative Science Quarterly, Vol. 35, pp. 9–30.CrossRefGoogle Scholar
  8. Johannessen, Jon-Arild, Olsen, Bjorn and Lumpkin, G. T. (2001) ‘Innovation as Newness: What is New, How New, and New to Whom?’, European Journal of Innovation Management, Vol. 4, No. 1, pp. 20–31.CrossRefGoogle Scholar
  9. Kogut, Bruce and Zander, Udo (1992) ‘Knowledge of the Firm, Combinative Capabilities, and the Replication of Technology’, Organization Science, Vol. 3, No. 3, pp. 383–97.CrossRefGoogle Scholar
  10. Marquis, Donald G. (1988) ‘The Anatomy of Successful Innovations’, In M. L. Tushman and W. L. Moore (eds), Readings in the Management of Innovation (2nd edn), USA: Ballinger, pp. 79–87.Google Scholar
  11. Nelson, R. R. and Winter, S. G. (1982) An Evolutionary Theory of Economic Change, Cambridge, MA: Belknap Press of Harvard University Press.Google Scholar
  12. OECD (2005) Oslo Manual: Guidelines for Collecting and Interpreting Innovation Data (3rd edn), Paris: OECD and Eurostat.Google Scholar
  13. Rogers, Everett M. (1982) Diffusion of Innovations (3rd edn), New York: Free Press.Google Scholar
  14. Rothwell, R. (1994) ‘Industrial Innovations: Success, Strategy, Trends’, in M. Dodgson and R. Rothwell (eds), The Handbook of Industrial Innovation, Cheltenham, Brookfield: Edward Elgar.Google Scholar
  15. Schumpeter, Joseph A. (1963) The Theory of Economic Development (3rd edn), New York: Oxford University Press.Google Scholar
  16. Schmookler, Jacob (1966) Invention and Economic Growth, Cambridge, MA: Harvard University Press.CrossRefGoogle Scholar
  17. Tidd, J., Bessant, J. and Pavitt, K. (1997) Managing Innovation: Integrating Technological, Market and Organizational Change, Chichester: John Wiley.Google Scholar

Copyright information

© Nina Rilla and Pekka Pesonen 2009

Authors and Affiliations

  • Nina Rilla
  • Pekka Pesonen

There are no affiliations available

Personalised recommendations