IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-05084678.html
   My bibliography  Save this paper

Impactful Innovation: Symbol of a New Era, But Not the One We Think
[L’innovation à impact : symbole d’une nouvelle ère, mais pas celle que l’on pense]

Author

Listed:
  • Thierry Rayna

    (CRG I3 - Centre de recherche en gestion I3 - X - École polytechnique - IP Paris - Institut Polytechnique de Paris - I3 - Institut interdisciplinaire de l’innovation - CNRS - Centre National de la Recherche Scientifique)

Abstract

Examining the recent and late emergence of the concept of "impactful innovation", which appears tautological (innovation implies adoption, which implies impact) and is linked to environmental and social issues that have existed for decades, and noting the appearance of multiple forms of innovation (open, participatory, user-driven, etc.) that appear to contradict the dominant paradigm of innovation as primarily carried out by large companies, this article posits that the concept of "impact innovation" is a sign of a radical transformation of the innovation paradigm, as well as of the underlying economic system. Driven by digitalization, two concurrent phenomena – prosumerisation and platformization, have fostered a new era in which social capital rather than financial capital has become the key resource, and innovation, now collective and distributed, involves multiple stakeholders, many of whom are not motivated by financial considerations, but by impact instead, making "impactful innovation" an absolute necessity.

Suggested Citation

  • Thierry Rayna, 2024. "Impactful Innovation: Symbol of a New Era, But Not the One We Think [L’innovation à impact : symbole d’une nouvelle ère, mais pas celle que l’on pense]," Post-Print hal-05084678, HAL.
  • Handle: RePEc:hal:journl:hal-05084678
    DOI: 10.3917/inno.075.0155
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-05084678. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.