Approaches Towards Innovation
(2010)Department of Business Administration
- Abstract
- Encouraging innovation is becoming more important for countries in order to sustain economic growth, performance and competitiveness in a world of fierce marketplace competition. However, previous studies and research reveal that there is a worldwide decline in innovation within organizations. This paper seeks to discover what’s behind this, and what’s hindering knowledge intensive firms from being more innovative. Fifteen employees from three different companies were interviewed, and based on the material garnered the reasons behind this situation were analyzed. Furthermore, by discussing the innovation process management and leadership styles adopted in different phases of innovation process, we have come to the conclusion concluding,... (More)
- Encouraging innovation is becoming more important for countries in order to sustain economic growth, performance and competitiveness in a world of fierce marketplace competition. However, previous studies and research reveal that there is a worldwide decline in innovation within organizations. This paper seeks to discover what’s behind this, and what’s hindering knowledge intensive firms from being more innovative. Fifteen employees from three different companies were interviewed, and based on the material garnered the reasons behind this situation were analyzed. Furthermore, by discussing the innovation process management and leadership styles adopted in different phases of innovation process, we have come to the conclusion concluding, depending on the variations of the driven forces, innovation processes can have different phases where different factors play critical roles, and leader should be conscious of the need to exploit different leadership styles to lead distinct and different innovation processes. The most effective approach appears to be the right mix of both of these leadership styles to garner the intended outcomes of supporting, encouraging and sustaining innovation within the workplace. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/1668551
- author
- Fu, Yan and Gillespey, Brett
- supervisor
- organization
- year
- 2010
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- Innovation Approach Leadership Styles, Management of enterprises, Företagsledning, management
- language
- Swedish
- id
- 1668551
- date added to LUP
- 2010-06-03 00:00:00
- date last changed
- 2012-04-02 18:13:38
@misc{1668551, abstract = {{Encouraging innovation is becoming more important for countries in order to sustain economic growth, performance and competitiveness in a world of fierce marketplace competition. However, previous studies and research reveal that there is a worldwide decline in innovation within organizations. This paper seeks to discover what’s behind this, and what’s hindering knowledge intensive firms from being more innovative. Fifteen employees from three different companies were interviewed, and based on the material garnered the reasons behind this situation were analyzed. Furthermore, by discussing the innovation process management and leadership styles adopted in different phases of innovation process, we have come to the conclusion concluding, depending on the variations of the driven forces, innovation processes can have different phases where different factors play critical roles, and leader should be conscious of the need to exploit different leadership styles to lead distinct and different innovation processes. The most effective approach appears to be the right mix of both of these leadership styles to garner the intended outcomes of supporting, encouraging and sustaining innovation within the workplace.}}, author = {{Fu, Yan and Gillespey, Brett}}, language = {{swe}}, note = {{Student Paper}}, title = {{Approaches Towards Innovation}}, year = {{2010}}, }