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Cultural Influences on Innovation and Competitiveness

In: Creativity, Innovation, and Entrepreneurship Across Cultures

Author

Listed:
  • Panagiotis E. Petrakis

    (University of Athens, Greece)

Abstract

Innovation is not just a result of R&D activities, the use of advanced technology, and science-based industries. Above all, it is a vehicle for the creation of future entrepreneurship advantage. A key way to realize an environment conducive to continuous innovation is by creating a cultural environment in which innovation can continuously flourish. Creating an innovation culture offers an important source of competitive advantage, both for individual enterprises and for the economy as a whole. This chapter shows that the cultural background of societies can boost economic innovation and thus accelerate competitiveness.

Suggested Citation

  • Panagiotis E. Petrakis, 2016. "Cultural Influences on Innovation and Competitiveness," Innovation, Technology, and Knowledge Management, in: Igor N. Dubina & Elias G. Carayannis (ed.), Creativity, Innovation, and Entrepreneurship Across Cultures, edition 1, chapter 0, pages 109-119, Springer.
    • Handle: RePEc:spr:innchp:978-1-4939-3261-0_9
    DOI: 10.1007/978-1-4939-3261-0_9
    as

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