Management models and practices for the innovation creation

Karin Melendez, Abraham Dávila, Andrés Melgar and Marcelo Schneck de Paula Pessoa

International Journal of Business Innovation and Research, 2025, vol. 36, issue 4, 519-541

Abstract: Today, organisations recognise the need for innovations that allow them to have a competitive advantage in the market in which they operate. However, many of them fail. The objective of this study is to provide a set of models and practices, which the academic community recommends, for organisations that perform the tasks of creating innovations. To this end, a systematic literature review was carried out. In total, 56 studies were obtained, of which 33 models were found and a set of recurring practices on the search for innovation opportunities, selection and implementation. A small number of practices belonged to the evaluation of innovation in the market. The investigations were, in several cases, carried out in specific contexts (e.g., industry type and company size). The knowledge presented is a basis to investigate its applicability in organisational contexts, not studied, or expand the studies and improve the practices presented.

Keywords: innovation management; innovation practices; innovation model; innovation creation process; innovation process; innovation project; management practices; innovation; process model; management; systematic literature review; SLR. (search for similar items in EconPapers)
Date: 2025
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