Cultural Influences on Innovation and Competitiveness

Panagiotis E. Petrakis ()
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Panagiotis E. Petrakis: University of Athens, Greece

Chapter Chapter 9 in Creativity, Innovation, and Entrepreneurship Across Cultures, 2016, pp 109-119 from Springer

Abstract: Abstract Innovation is not just a result of R&D activities, the use of advanced technology, and science-based industries. Above all, it is a vehicle for the creation of future entrepreneurship advantage. A key way to realize an environment conducive to continuous innovation is by creating a cultural environment in which innovation can continuously flourish. Creating an innovation culture offers an important source of competitive advantage, both for individual enterprises and for the economy as a whole. This chapter shows that the cultural background of societies can boost economic innovation and thus accelerate competitiveness.

Keywords: Social Capital; Social Learning; Knowledge Management; Cultural Background; Power Distance (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:spr:innchp:978-1-4939-3261-0_9

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DOI: 10.1007/978-1-4939-3261-0_9

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