Abstract
Innovation has been widely regarded as the central process driving economic growth and the sustainable competitive advantages of both companies and nations, as well as global sustainable growth, while the key precondition to conducting innovation management effectively is to have a big picture and deep insight of the concept: The nature of innovation (Schumpeter, 1934). This chapter will introduce the connotation and types of innovation, as well as the latest trend and emerging paradigm of innovation (Chen, Yin, and Mei, 2018; Martin, 2016).
Original language | English |
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Title of host publication | The Routledge Companion to Innovation Management |
Publisher | Taylor and Francis |
Pages | 26-54 |
Number of pages | 29 |
ISBN (Electronic) | 9781351997072 |
ISBN (Print) | 9781138244719 |
DOIs | |
Publication status | Published - 1 Jan 2019 |
Externally published | Yes |