EDITORIAL — SPECIAL ISSUE: MANAGING VALUES FOR INNOVATION

Henning Breuer, LÃœDEKE-FREUND Florian and John Bessant
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Henning Breuer: HMKW– University of Applied Sciences for Media, Communication and Management and UXBerlin — Innovation Consulting, Ackerstrasse 76, D-13355 Berlin, Germany
LÃœDEKE-FREUND Florian: ESCP Business School, European Sustainability Department, Heubnerweg 8-10, D-14059 Berlin, Germany
John Bessant: University of Exeter Business School, Rennes Drive, Exeter, EX4 4ST, United Kingdom

International Journal of Innovation Management (ijim), 2022, vol. 26, issue 05, 1-31

Abstract: Although values in business have a long history, only recently has their pivotal role in innovation and its management become a topic attracting growing attention from both researchers and practitioners. Values-based innovation management is developing into a vibrant field of studies and practice with increasing relevance for innovation managers and entrepreneurs, providing a powerful toolbox of new methods and applications as well as having societal impact. We survey the state-of-the-art discussions in the field, including related concepts and methods and values-based approaches in areas such as innovation consulting and education, business modelling and entrepreneurship. As an introduction to the papers in IJIM’s Special Issue on Managing Values for Innovation, this editorial paper revisits and repositions some widespread assumptions about the nature, functions and potential of values in innovation contexts. We show to what extent values are an inevitable moment of innovation-related activities, requiring contributions from diverse stakeholders in normative, strategic and operational management dimensions. We illustrate their practicality to promote rather than handicap innovation and clarify their potential to change and assume different meanings rather than being static entities. The explanatory power of a values-based approach, its generative potential and its emancipatory impact motivate further research and development. Future avenues for research and development include impact management studies, attention to different levels of values and advancing the methodology and available tools to manage values for innovation in order to achieve more desirable outcomes.

Keywords: Human values; values-based innovation; innovation management; stakeholder; innovation methods; strategy; culture; impact (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1142/S1363919622010010

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