Decision-makers’ underestimation of user innovation
Philip Bradonjic,
Nikolaus Franke and
Christian Lüthje
Research Policy, 2019, vol. 48, issue 6, 1354-1361
Abstract:
In the past few decades, much research has documented the importance of users as sources of innovations. Over the last 10 years, Research Policy alone has published 56 research articles investigating this phenomenon. We ask to what degree the findings of users as innovators have been absorbed by decision-makers responsible for new product development (managers) and by those who shape the contextual conditions for innovation (policy makers and public administration). A realistic perception of the sources of innovation is important as it constitutes the basis for a rational allocation of resources and thus indirectly impacts the innovation performance of companies and societies at large.
Keywords: User innovation; Sources of innovation; Theory practice gap; Decision-makers; Biases (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (13)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:respol:v:48:y:2019:i:6:p:1354-1361
DOI: 10.1016/j.respol.2019.01.020
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