Title: What is innovation?: Insights and perspectives on the term 'innovation'
Author: Robert Lorenz
Address: Institute for Technology and Innovation Management, Straße des 17.Juni 135, 10623 Berlin, Germany
Abstract: 'Innovation' is a broad term and often mingled with other meanings. The diverse understanding of the term 'innovation' may be due to different research goals, but may also be caused by the nature of the inter disciplinary research field of innovation management. Therefore, literature proves a plethora of definitions concerning the term innovation. In order to build a broad picture of innovation and its antecedents, the term 'innovation' will be integrated into a framework. In the framework definitions are arranged according to an input-output view, where the various perspectives of innovation are highlighted. Furthermore, terms like imitation and invention are delimitated to innovation. In the end the paper suggests an integrative definition of 'innovation'.
Keywords: innovation definition; innovation management; creativity; value capture; imitation; innovation culture; innovation type; degree of innovation; diffusion.
Int. J. of Technology Intelligence and Planning, 2010 Vol.6, No.1, pp.63 - 75
Available online: 04 Jul 2010