Partner Perspectives—The Harsh Reality of Pursuing Innovations

, Aisdl

No 3uatj, OSF Preprints from Center for Open Science

Abstract: We start with a common understanding of innovation as the process of creating new “things” out of useful and novel ideas, followed by creating new values once the “new things” become goods and/or services accepted by customers in the marketplace. It is the degree of ‘usefulness’ and ‘novelty’ that will determine the possible value a customer may realize, and thus a firm may gain when providing them to the market.

Date: 2014-11-02
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Persistent link: https://EconPapers.repec.org/RePEc:osf:osfxxx:3uatj

DOI: 10.31219/osf.io/3uatj

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