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Figure 1: Typology for Innovative Organizations. Why this typology: innovationmanagement in organizations. InnovationManagement focuses on creating and managing sustainable business (Crossan & Apaydin, 2010; Keeley, Walters, Pikkel, & Quinn, 2013). Academic Relevance. References. Jelinek, M.,
Research has shown that innovation is mostly linked to the Schumpetarian view: innovative companies are more likely to be started by Schumpetarian-type founders (Samuelsson & Davidsson, 2009), are more likely to be started by engineering students (Ilozor et al., Klein & Bullock, 2006; Lewin, 2011; Von Mises, 1949).
Innovation is more about thinking than about product or process innovation. CEO Marissa Mayer offered the same opinion writing for Businessweek in 2006: Some of the most innovative ideas have come from marketing and advertising. Perhaps, this is why startups are often synonymous with successful innovation.
Popularized by Henry Chesbrough,“Open Innovation” term refers to the broad concepts of leveraging external sources of technology and innovation to drive internal growth. Michael Docherty, 2006). Balancing external and internal R&D activities is key to achieving higher levels of innovation.
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