The future of value creation and innovations: Aspects of a theory of value creation and innovation in a global knowledge economy

Jon-Arild Johannessen and Bjørn Olsen

International Journal of Information Management, 2010, vol. 30, issue 6, 502-511

Abstract: What enhances innovation and value creation in the global knowledge economy? We offer several answers here, chief among them this: Leaders need to move away from focusing on developing innovations and value within the mental models, systems, and organizational solutions of the old industrial economy, with its firm- and product-centric view of value. Instead, they need to focus on providing tailor-made products and services to the newly connected and interconnected customer. They can do this with individualized immediate feedback, a new organizational logic, and new cooperating structures.

Keywords: Information; Communication; Innovation; Value creation; Global competence clusters; Front-line focus; New organizational logic; New cooperating structures (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ininma:v:30:y:2010:i:6:p:502-511

DOI: 10.1016/j.ijinfomgt.2010.03.007

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