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Markets and organizations as coherent systems of innovation

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  • Amendola, Mario
  • Gaffard, Jean-Luc

Abstract

The firm, its tasks and the way in which it relates to the market appear in a different light with respect to the standard theory, within the perspective of a process of innovation interpreted as a creation of resources. The main problem with a similar process — a learning process which essentially consists of the structuring of new and totally original productive options — is to make it viable. This implies that markets and organizations should not be looked at as distinct institutions whose respective efficiency must be tested with respect to a problem of allocation of given resources, but rather considered as a system whose coherence depends on being able to render a process of creation of new specific resources viable.
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Suggested Citation

  • Amendola, Mario & Gaffard, Jean-Luc, 1994. "Markets and organizations as coherent systems of innovation," Research Policy, Elsevier, vol. 23(6), pages 627-635, November.
  • Handle: RePEc:eee:respol:v:23:y:1994:i:6:p:627-635
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    Cited by:

    1. Nicolai J. Foss, 1999. "Capabilities, Confusion, and the Costs of Coordination On Some Problems in Recent Research On Inter-Firm Relations," DRUID Working Papers 99-7, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
    2. Jean-Luc Gaffard & Jackie Krafft, 2001. "Telecommunications: understanding the dynamics of the organization of the industry," Post-Print hal-00203655, HAL.
    3. Hugues Jeannerat & Leila Kebir, 2012. "Mobility of Knowledge. Knowledge resources and markets: What territorial economic systems ?," GRET Publications and Working Papers 02-12, GRET Group of Research in Territorial Economy, University of Neuchâtel.
    4. Cristiano Antonelli & Michel Quere, 2002. "The Governance of Interactive Learning within Innovation Systems," Urban Studies, Urban Studies Journal Limited, vol. 39(5-6), pages 1051-1063, May.
    5. Wilts, Arnold, 2000. "Forms of research organisation and their responsiveness to external goal setting," Research Policy, Elsevier, vol. 29(6), pages 767-781, June.
    6. Lecoq, Bruno, 2002. "On clusters of entrepreneurs - an austrian approach to innovative milieu," ERSA conference papers ersa02p379, European Regional Science Association.
    7. Bougrain, Frederic & Haudeville, Bernard, 2002. "Innovation, collaboration and SMEs internal research capacities," Research Policy, Elsevier, vol. 31(5), pages 735-747, July.
    8. Frederic Bougrain, 1998. "Impact of regional technology policy on local economic development," ERSA conference papers ersa98p211, European Regional Science Association.

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