Foundations of Systematic Innovation

Rupert A. Brandmeier and Florian Rupp
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Rupert A. Brandmeier: Kutaisi International University
Florian Rupp: Kutaisi International University

Chapter 1 in Structured Innovation, 2024, pp 1-25 from Springer

Abstract: Abstract In our everyday discourse, the term “innovation” is often used interchangeably with “invention,” regardless of whether it has a commercial impact. There’s a prevailing perception that innovations arise from a stroke of genius, akin to Archimedes’ sudden inspiration in his bathtub. However, this notion couldn’t be further from the truth. In this chapter, amongst others, we provide a clear understanding of what innovation entails, its relationship with entrepreneurship, and how it differs from mere invention. We also align with Drucker’s perspective, viewing innovation as a structured process that can be cultivated and honed. To excel in innovation, proactive engagement is essential; we must actively seek out sources of innovation and leverage them to our advantage.

Date: 2024
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DOI: 10.1007/978-3-031-76105-8_1

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