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Journal of Innovation Economics & Management

2014/3 (n°15)

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Article précédent Pages 101 - 115 Article suivant



Innovation is an often-misunderstood concept that generates confusion. It is systematically associated with research and technology – often in relation to the linear model that underestimates the various factors and the complex processes that lead to it. This sometimes leads to public policies shaped by a misguided and partial view of innovation and a biased analysis of its stimulating factors at a macro and microeconomic level. This paper argues in favor of an enlarged and holistic view of innovation combining R&D and creativity and including recent trends such as design thinking, open innovation, digitalization, sustainable development and CSR, and resource-limited innovation.
JEL codes: O30, M21

Key words

  • innovation
  • R&D
  • research
  • design
  • marketing
  • open innovation
  • sustainability
  • digital
  • frugal innovation
  • jugaad

Plan de l'article

  1. A holistic view of innovation
  2. Commonly-held views on the role of R&D in innovation and their impact on public policies
  3. Innovation and design
  4. Current changes in the way companies innovate
  5. Conclusion

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