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The decision to innovate; Literature and propositions

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  • Jeroen de Jong
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    Abstract

    This study investigate what makes individuals (entrepreneurs, employees in organisations) decide to proceed with innovative ideas. This is an important topic as practitioners in organisations (managers, entrepreneurs) and policy makers face the challenge of realising continuous innovation. Three main arguments are proposed to be directly associated with the decision to innovate: perceived pay-off, situation control and intrinsic motivation. The three main arguments provide a basis for a cumulative, three-componential theory of an individuals decision to proceed with innovative ideas.

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    File URL: http://www.entrepreneurship-sme.eu/pdf-ez/H200607.pdf
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    Bibliographic Info

    Paper provided by EIM Business and Policy Research in its series Scales Research Reports with number H200607.

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    Length: 36 pages
    Date of creation: 18 Aug 2006
    Date of revision:
    Handle: RePEc:eim:papers:h200607

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    Cited by:
    1. Saradindu Bhaduri & Hemant Kumar, 2011. "Extrinsic and intrinsic motivations to innovate: tracing the motivation of ‘grassroot’ innovators in India," Mind and Society: Cognitive Studies in Economics and Social Sciences, Fondazione Rosselli, vol. 10(1), pages 27-55, June.
    2. Jolanda Hessels & Kashifa Suddle & Maaike Mooibroek, 2008. "Global Entrepreneurship Monitor 2007 The Netherlands," Scales Research Reports A200805, EIM Business and Policy Research.
    3. Saradindu Bhaduri & Hemant Kumar, 2009. "Tracing The Motivation To Innovate: A Study Of 'Grassroot' Innovators In India," Papers on Economics and Evolution 2009-12, Max Planck Institute of Economics, Evolutionary Economics Group.

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