Value chain perspectives on innovation-to-performance linkages

Stephen Roper

Chapter 64 in Elgar Encyclopedia on the Economics of Knowledge and Innovation, 2022, pp 514-520 from Edward Elgar Publishing

Abstract: Innovation is the process through which knowledge - technological, commercial and strategic - is transformed into new marketable propositions. When innovations are introduced to the market value generation takes place, benefitting the innovating firm and its customers. The value chain perspectives reviewed in this Chapter focus on this end-to-end perspective on innovation, tracing the creation of value from firms' knowledge investments, through innovation, to value added and other business performance metrics. We review the main conceptual and empirical approaches and suggest areas for future development.

Keywords: Business and Management; Economics and Finance; Innovations and Technology (search for similar items in EconPapers)
Date: 2022
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