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Innovation Economics, Engineering and Management Handbook 1
Main Themes
Edited by
Dimitri Uzunidis
Fedoua Kasmi
Laurent Adatto
First published 2021 in Great Britain and the United States by ISTE Ltd and John Wiley & Sons, Inc.
Apart from any fair dealing for the purposes of research or private study, or criticism or review, as permitted under the Copyright, Designs and Patents Act 1988, this publication may only be reproduced, stored or transmitted, in any form or by any means, with the prior permission in writing of the publishers, or in the case of reprographic reproduction in accordance with the terms and licenses issued by the CLA. Enquiries concerning reproduction outside these terms should be sent to the publishers at the undermentioned address:
© ISTE Ltd 2020
ISTE Ltd
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UK USA
John Wiley & Sons, Inc.
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Hoboken, NJ 07030
© ISTE Ltd 2021
The rights of Dimitri Uzunidis, Fedoua Kasmi and Laurent Adatto to be identified as the authors of this work have been asserted by them in accordance with the Copyright, Designs and Patents Act 1988.
Library of Congress Control Number: 2021932077
British Library Cataloguing-in-Publication Data
A CIP record for this book is available from the British Library
ISBN 978-1-78630-456-8
Introduction
General Presentation
“Innovation is everything in the economy that is either not being done, or not being done again.” - Dimitri Uzunidis
Agility, flexibility and rapid adaptation to change are becoming the key words for growth and development in our society. Finding new ways of doing things and creating something new out of what already exists remains essential when facing crises (economic, social and environmental). The ability to innovate is therefore the main condition for maintaining the competitiveness and performance of companies, regions and territories in a changing context. innovative activity has long been considered a driving force for “progress”, but its impact on the transformation of socio-economic systems is greater when a succession of profound changes are introduced on broader scales (organizational, social, environmental, political, behavioral, etc.). Achieving these transformations requires the mobilization of resources, information, knowledge and networks of specific actors in order to guide innovation efforts to respond to more global challenges such as reducing environmental impacts, building resilience, and improving health, safety and people’s well-being. Through what mechanisms and under what conditions does innovation enable more radical changes that progressively and sustainably reorient our modes of development? This is the overall question that this two-volume encyclopedic book answers, by mobilizing a set of interdisciplinary theories and concepts devoted to the study of innovation.
Innovation, in fact, consists of the design and marketing of new goods and technologies, the application of new working methods or the conquest of new markets. Today’s knowledge-based economy implies that innovation is the result of greater interaction between businesses, universities, public institutions, consumers and citizens. Innovation networks create new knowledge and contribute to the diffusion of new socio-economic and technological models, through new modes of production and distribution. Innovation results from technological, organizational and commercial changes.
How do organizations design and manage innovation processes? What strategies and management tools do they apply for the concrete implementation of innovation processes? What role do innovation policies play in driving these processes? How does innovation impact competitiveness and performance? This involves analyzing companies’ technological opportunities, organizational