Showing posts with the label national innovation

Linkages Lead to Organizational and National Innovation

Organizational innovation is important for national development. Research by Arundel, et. al. (2007) analyzed how European countries learn and develop. They studied large surveys to come to conclusions about how companies foster inner innovation and how this leads to a unique path of national development. They create links between employee-centered skill development, organizational innovation, and national development.  The ways in which businesses and people interact, openly innovate and provide feedback create the national innovation approach (Lundvall, 1998). It is the national innovation approach that helps to determine the competitive structure of the country and its ability to succeed in the global market place. Each country and culture comes with their own way of viewing the world and interacting.  When organizations use science-based learning and experience-based learning they are able to provide higher levels of innovation and production (Jensen, et. al, 2007). It

Creating National Innovation Through Information Diffusion

National innovation is an all growth proposition that seeks to make maximum market gains by exporting relevant products to excited customers. Charging forward with a barrage of new products and services creates a zeitgeist of growth that is not easy to match. The researchers Change and Cui (2013) analyzed the factors that help encourage higher levels of international competition that led to GNP growth and development.  Countries rely on informal and formal innovation networks to turn good ideas into marketable growth. National innovation systems refer to the innovative network within a country whereby departments and agencies promote innovation through the economic, scientific, and technological organizations (Zheng, 2006). Each of these organizations uses the knowledge of other sectors to enhance their own positions.  Often countries use more of a closed innovation system. Each company works within a silo and doesn’t share information. Even though great ideas do come for

Innovative Companies Localized into Regional Hubs

Innovation is becoming a concept that nations hope to foster as their financial situations become more dire. Research in national innovation helps to highlight how the concepts of regional hubs can help further this development by creating hives of innovative knowledge sharing. Companies don’t work within isolation and often share knowledge, people, and ideas throughout a region. Research into the development of the pharmaceutical industry furthers this concept of demographic influence. Innovation is a necessary component of organizational growth and development. Theoretical and empirical literature helps establish an understanding that innovation responds to consumer demand (Schmookler, 1966). In other words, that as customers have needs they desire to be fulfilled, organizations will often develop products and services to meet those needs. The stronger the feedback loop the more likely such customer to company interaction will lead to new innovative insights. All innovati