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Evolutionary Models Of The Innovation Process

Author

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  • Georgi Boyanov

    (South-West University “Neofit Rilski”, Blagoevgrad)

Abstract

The topic of the evolutionary patterns of the innovation process is of particular importance for the functioning of any company, as it is important to comply with the modern requirements of the environment in the implementation of the founding activity of any enterprise. The purpose of this paper is to present the evolutionary patterns of the innovation process from 1950 to the present, and to determine which generation of the innovation process the modern enterprise should adhere to in its operations. To achieve the given objective, Roy Rothwell's theory, Klein-Rosenberg's chain model, and Chesbrough's model based on open innovation are presented. The expected results of the research are the identification of the place of the modern industrial enterprise among the analyzed generations and the characterization of the innovation process, which should proceed according to the requirements of the defined innovation process model.

Suggested Citation

  • Georgi Boyanov, 2022. "Evolutionary Models Of The Innovation Process," Entrepreneurship, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 10(2), pages 42-53.
    • Handle: RePEc:neo:epjour:v:10:y:2022:i:2:p:42-53
    DOI: 10.37708/ep.swu.v10i2.4
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    More about this item

    Keywords

    linear model; nonlinear model; interactive model; Japanese model; knowledge management; innovation imitation;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O36 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Open Innovation

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