The ability to generate innovative products and services is a critical success factor for organizations. The trend of open innovation has brought about many-faceted, IT-based tools (e.g., lead user method or online tool kits), among these, the innovation contest seems particularly promising and continuously gains in importance as a corporate practice. However, a deep understanding of this onlin...

The small business sector is very important to most economies generating significant wealth and employment. It has generally been accepted that small business owners are less likely to embrace innovation and less likely to have a well-defined business strategy. Yet for companies to grow and continue to be successful innovation is critical. Given the importance of this sector there is a need for...

As a result of the importance acquired by the approach to the innovation systems in theory and policy,5,6 in recent years, the study of Innovation Intermediary Organisations (IIOs) has gained great interest. The OIIs are perceived as important agents in connecting knowledge supply and demand in the national systems of innovation (NSI).1 The authors highlight some functions that these organisati...

This paper proposes to review and assess social scientific debate about the origins and nature of innovation in modern society. The paper focuses on three sub-sets of conceptualisation, critique and commentary that refer specifically to sub-national or regional innovation systems. Research in the latter field has grown enormously in recent years. Moreover, new perspectives from other discipline...

European firms are confronted to the paradox of a strong R&D in many areas but a low level of innovation. Building on the dynamic capability approach, I propose an institutional approach where innovation is linked to cultural, organizational, and regulatory factors. These include managers’ attitude toward risk and uncertainty, the ability to develop capabilities and access complementary assets,...

Purpose – Sets out to investigate business modeling techniques (BMTs) which can be used to support and improve innovation processes within small and medium-sized enterprises (SMEs). Design/methodology/approach – Based on a literature review, different analysis perspectives on innovation processes are identified and discussed, and some firm needs and problems are pointed out. The importance of B...

With the advent of innovative technologies and long the setting of entrepreneurship development philosophy, context and business handling have been transformed from being traditional to innovative. Depending on diversity and nature of the transformation, innovation has been shifted from closed peripheries to open dimension. Looking at the immense benefits, ranging from small entrepreneurs to co...

Innovation is the process leading to the adoption of new or existing information, technology or practices; it includes factors that affect demand for and use of knowledge in novel and useful ways. In agriculture, innovation is essential to maintain productivity growth, to address issues around sustaining the natural resource base and to adapt to climate change. This paper examines the innovatio...

Information Technology (IT) capability is believed to encourage and facilitate service innovation. In addition, since effective competitive strategy is particularly important for service firms, it is imperative to align their service innovation strategy with their business strategy to achieve better firm performance. Many service innovation studies have been performed on the influence of IT cap...

This article offers a novel critique of the impact of institutions on the propensity to patent across countries. Patenting policy is regularly known to carry deep-rooted institutional implications. Yet in the case of developing countries, the United Nations constructed only loose policy concerning the role of the government, the business sector or Multi-National Enterprises in promoting patenti...