Innovation

François Caron

Chapter 5 in Entrepreneurship in Theory and History, 2005, pp 111-126 from Palgrave Macmillan

Abstract: Abstract Analysing the process of innovation can no longer be accomplished by constructing the innovating entrepreneur à la Schumpeter or by singing the virtues of the great Chandlerian organization, now the market’s ideal substitute. A rich economic and historical literature has uncovered the complexity of the concept of innovation itself and of the processes characterizing its emergence and spread. Three statements about the role of innovation in entrepreneurship may be put forward: 1. An enterprise which ceases from innovating is condemned to death. 2. A society in which there are no or very few creations of new firms is condemned to decline. 3. Inside the firm, innovation is a global process, encompassing both management and engineering.

Keywords: Large Firm; Eighteenth Century; Product Innovation; Innovative Firm; Technological Trajectory (search for similar items in EconPapers)
Date: 2005
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-52263-3_5

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230522633

DOI: 10.1057/9780230522633_5

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().