A Systems View Across Time and Space
From: The theoretical model of spatial production for innovation
Approach to innovation | Focus of the definition |
---|---|
Creation (invention) | Using resources (human capital, time, money) to develop or invent a new product or service, a new way of doing business, a new approach to things |
Spread and learning | Acquiring, embracing and using a product, service, or idea |
Event | A discrete, unique event, such as a product, service, thought or decision |
Change (incremental or radical) | Some innovations are just minor modifications, others are radical |
Process (company level) | Innovation is not a single act, but a series of activities that a company performs in order to achieve a desired outcome |
Context-level process | Acting outside or above the framework and level of a company |