Opportunities for Innovation Adoption in Art Galleries

Ieva Vitkauskaitė

European Journal of Interdisciplinary Studies, 2016, issue 02

Abstract: This article introduces the opportunities for innovation adoption in art galleries. It provides systematised information on innovation processes and innovations used in business models of art galleries. The empirical research conducted has revealed the attitude of art galleries towards innovations, as well as the benefits and opportunities to realise them. The first part of the article distinguishes the stages of innovation process and management. The following part describes the factors that influence the management of innovation process. The final part of the article analyses the application of innovations for the improvement of a business model, with Business Model Canvas by Alexander Osterwalder and Yves Pigneur selected as the starting point for analysis and, finally, the outcomes of empirical research are provided.

Keywords: innovations; art galleries; business model innovation; innovation adoption; business model canvas (search for similar items in EconPapers)
Date: 2016
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