Title :
The importance of routine innovation activities for economic growth
Author :
Deplazes, Ursula ; Deplazes, Wolfgang ; Boutellier, Roman
Author_Institution :
Dept. of Technol. & Innovation Manage., ETH Zurich, Zurich
Abstract :
This paper analyzes the importance of routine innovation activities for economic growth. After discussing the drivers of growth in the free-market economy, we focus on the concept of routine innovation activities as a major source of economic growth. Based on several economic theories we conceptualize routine innovation activities. This concept is the foundation of a holistic approach to organizational design discussed in an additional paper presented at the ICMIT 2008. Business organizations can thus capitalize on the phenomenon of routine innovation activities by proactively routinizing innovation.
Keywords :
economic indicators; innovation management; organisational aspects; business organizations; economic growth; free market economy; organizational design; routine innovation activities; Chapters; Economic indicators; Environmental economics; Europe; Industrial economics; Innovation management; Organizational aspects; Paper technology; Profitability; Technological innovation; Economic growth; Innovation management; Routines; Routinization of innovation;
Conference_Titel :
Management of Innovation and Technology, 2008. ICMIT 2008. 4th IEEE International Conference on
Conference_Location :
Bangkok
Print_ISBN :
978-1-4244-2329-3
Electronic_ISBN :
978-1-4244-2330-9
DOI :
10.1109/ICMIT.2008.4654466
