Skip to main content

A Systems View Across Time and Space

Table 2 A possible grouping of barriers to innovation

From: The theoretical model of spatial production for innovation

Lack of resources within the company or group of companies

Economic factors

Lack of resources from outside the company

Innovation costs too high

Lack of skilled labour

Knowledge factors

Insufficient information about technologies

Insufficient information about markets

Difficult to find cooperating partners for innovation

The market is dominated by strengthened large corporations

Market factors

Uncertain demand for innovative products and services

There is no need for innovation because the company has already done the necessary innovations

Why does not the company innovate

There is no need for innovation because there is no market demand for it

  1. Source: Saatcioglu and Ozmen (2010)