The importance of routine innovation activities for economic growth

Author

Deplazes, Ursula ; Deplazes, Wolfgang ; Boutellier, Roman

Author_Institution

Dept. of Technol. & Innovation Manage., ETH Zurich, Zurich

fYear

2008

fDate

21-24 Sept. 2008

Firstpage

788

Lastpage

793

Abstract

This paper analyzes the importance of routine innovation activities for economic growth. After discussing the drivers of growth in the free-market economy, we focus on the concept of routine innovation activities as a major source of economic growth. Based on several economic theories we conceptualize routine innovation activities. This concept is the foundation of a holistic approach to organizational design discussed in an additional paper presented at the ICMIT 2008. Business organizations can thus capitalize on the phenomenon of routine innovation activities by proactively routinizing innovation.

Keywords

economic indicators; innovation management; organisational aspects; business organizations; economic growth; free market economy; organizational design; routine innovation activities; Chapters; Economic indicators; Environmental economics; Europe; Industrial economics; Innovation management; Organizational aspects; Paper technology; Profitability; Technological innovation; Economic growth; Innovation management; Routines; Routinization of innovation;

fLanguage

English

Publisher

ieee

Conference_Titel

Management of Innovation and Technology, 2008. ICMIT 2008. 4th IEEE International Conference on

Conference_Location

Bangkok

Print_ISBN

978-1-4244-2329-3

Electronic_ISBN

978-1-4244-2330-9

Type

conf

DOI

10.1109/ICMIT.2008.4654466

Filename

4654466