Introduction

Lex A. van Gunsteren () and Arnold G. Vlas ()

Chapter 1 in The License Giver Business Concept of Technological Innovation, 2022, pp 1-2 from Springer

Abstract: Abstract Innovation is a polluted term. When an audience like a class of MBA students or a group of managers is asked to describe what the term means, one gets widely diverging answers. Literature on the subject also shows a variety of definitions. Most of them point at novelty and application. For instance, Mansfield (1968, p. 83) writes: ‘An invention, when applied for the first time, is called an innovation’. This definition covers most of the literature on technological innovation and is, therefore, adopted throughout this book.

Date: 2022
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DOI: 10.1007/978-3-030-91123-2_1

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