Innovative Capability - an Introduction

Sven Trantow (), Frank Hees () and Sabina Jeschke ()
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Sven Trantow: RWTH Aachen University, IMA/ZLW
Frank Hees: RWTH Aachen University, IMA/ZLW
Sabina Jeschke: RWTH Aachen University, IMA/ZLW

A chapter in Automation, Communication and Cybernetics in Science and Engineering 2011/2012, 2013, pp 191-203 from Springer

Abstract: Abstract The capability to innovate in an on-going manner is emerging as a decisive key factor in today's complex and dynamic world of business and work – the ability to stay competitive is becoming identical with the ability to innovate. As an introduction to the collection of essays, this contribution discusses both the origins as well as the characteristics of innovation and provides an underlying definition of innovative capability. Building on this, key challenges for business operations are outlined, which must be overcome, if innovative capability is to be enhanced on a sustainable basis.

Keywords: Intellectual Capital; Economic Success; Organizational Innovation; Social Market Economy; Inclusive Growth (search for similar items in EconPapers)
Date: 2013
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DOI: 10.1007/978-3-642-33389-7_15

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