Integrating Innovation

Integrating Innovation

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South Australia is a small economy that faces a fundamental need to re-shape its approach to innovation. The manufacturing sector, as the backbone of the statea€™s economy, has and will continue to change in its nature and form. This necessitates a re-think about how innovation happens and how the respective actors within an economy interact and engage with each other. In effect, innovation relies on intersections between people, knowledge, information sharing, ideas, financial and other resources. Innovation happens through regional social and economic system dynamics; innovation relies on a system view of entrepreneurship. Entrepreneurship can be taken as a study of the entrepreneur and new business creation. However, this conception of entrepreneurship misses the critical link to economic outcomes; the ebb and flow of social and economic fortunes that are underpinned by the actions, reactions and engagement of individuals in a specific social and economic system that brings about innovation and change. In this book the authors are exploring how the linkages within the system can be conceptualised and made transparent.Developing ideas from Crutchfield (2009) leads one to the following conclusions that systems are more likely to fail if a€c they are highly structured (that is, if they have high internal correlation or ... Source: AMP Capital 257 Integrating Innovation.


Title:Integrating Innovation
Author: Göran Roos, Allan O'Connor
Publisher:University of Adelaide Press - 2015-05-06
ISBN-13:

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