Concepts and models of innovation

Patrick Cohendet and Laurent Simon

Chapter 3 in The Elgar Companion to Innovation and Knowledge Creation, 2017, pp 33-55 from Edward Elgar Publishing

Abstract: As a general paradigm for society, a dominant model of innovation drives and shapes the behaviours and decisions of policy-makers, economists, entrepreneurs, business managers and all sorts of economic agents. In the present contribution, to focus on the relationships between dominant models and constitutive disciplines, we have purposefully reduced the sequence of generations of dominant models to three main generations: 1) the linear and closed model of innovation (from World War I to the mid-1980s); 2) the interactive and closed model of innovation (from the mid-1980s to the first decade of the 21st century); and 3) the interactive and open model of innovation (starting from the first decade of the 21st century, which in our view has not yet reached its mature stage). For each generation of dominant model, we will summarise the main characteristics of the dominant model, to assess the contribution of each of the constitutive disciplines to the model, and to understand the replacement of a model by a new one.

Keywords: Business and Management; Economics and Finance; Geography; Innovations and Technology (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (2)

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