eInnovation: The importance of context

Today, innovation is ‘in the hands of the masses’; because it is driven by a combination of advances in technology, global communication, connectivity, consumerism, sustainability, societies and social conscience. To survive, in such economies, enterprises and other organisational entities need...

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Format: Article
Language:English
Published: Universidade de Santiago de Compostela 2020-06-01
Series:Revista Galega de Economía
Online Access:https://ojs3usc.devxercode.es/index.php/ubr/article/view/4240
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collection DOAJ
description Today, innovation is ‘in the hands of the masses’; because it is driven by a combination of advances in technology, global communication, connectivity, consumerism, sustainability, societies and social conscience. To survive, in such economies, enterprises and other organisational entities need to consistently and continuously innovate. Innovation, however, is constructed from a set of tendencies and not a final condition in itself. These tendencies are geographically, organisationally and societally different and uneven. Different contextual settings lead to different innovations. This new era of innovation extends the impact of technologies and digitisation in dynamic unanticipated ways leading to paradigm shifts that force us, collectively and individually, to ensure benefits for the many, rather than the few. Therefore, innovation must be established as a ‘way of thinking’ a ‘way of doing’ no matter the context. The key message to be extracted from this paper is that innovation is very much dependent on context. It is dependent of the context of the firm, government policy, absorptive capacity of citizens and on the processes in place to develop human capital.
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publisher Universidade de Santiago de Compostela
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spelling doaj-art-5bd7aaae06c849e6b6c5e9543c6a2c7b2025-08-20T02:10:46ZengUniversidade de Santiago de CompostelaRevista Galega de Economía1132-27992255-59512020-06-01172eInnovation: The importance of context Today, innovation is ‘in the hands of the masses’; because it is driven by a combination of advances in technology, global communication, connectivity, consumerism, sustainability, societies and social conscience. To survive, in such economies, enterprises and other organisational entities need to consistently and continuously innovate. Innovation, however, is constructed from a set of tendencies and not a final condition in itself. These tendencies are geographically, organisationally and societally different and uneven. Different contextual settings lead to different innovations. This new era of innovation extends the impact of technologies and digitisation in dynamic unanticipated ways leading to paradigm shifts that force us, collectively and individually, to ensure benefits for the many, rather than the few. Therefore, innovation must be established as a ‘way of thinking’ a ‘way of doing’ no matter the context. The key message to be extracted from this paper is that innovation is very much dependent on context. It is dependent of the context of the firm, government policy, absorptive capacity of citizens and on the processes in place to develop human capital. https://ojs3usc.devxercode.es/index.php/ubr/article/view/4240
spellingShingle eInnovation: The importance of context
Revista Galega de Economía
title eInnovation: The importance of context
title_full eInnovation: The importance of context
title_fullStr eInnovation: The importance of context
title_full_unstemmed eInnovation: The importance of context
title_short eInnovation: The importance of context
title_sort einnovation the importance of context
url https://ojs3usc.devxercode.es/index.php/ubr/article/view/4240