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Approaches Towards Innovation

Fu, Yan and Gillespey, Brett (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)
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author
Fu, Yan and Gillespey, Brett
supervisor
organization
year
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},
  keyword      = {Innovation Approach Leadership Styles,Management of enterprises,Företagsledning, management},
  language     = {swe},
  note         = {Student Paper},
  title        = {Approaches Towards Innovation},
  year         = {2010},
}