A1 Journal article (refereed), original research

Simulating radical innovation with the help of system dynamics


Publication Details

Authors: Kortelainen Samuli, Piirainen Kalle, Tuominen Markku

Publication year: 2012

Language: English

Related journal or series: International Journal of Entrepreneurship and Innovation Management

Volume number: 11

Issue number: 4

ISSN: 1368-275X

JUFO level of this publication: 1

Open Access: Not an Open Access publication


Abstract

Radical innovations pose a great challenge for strategic management. Innovation management has traditionally approached change with static methods relying on information on capabilities, strategy and markets. We introduce a system dynamics model to describe how learning changes the dynamics of innovation management. We use a post radical innovation environment to illustrate how the system reacts to different situations through the process of learning. As a result we propose two major propositions for future study that have not been addressed by past innovation management literature.


Last updated on 2017-22-03 at 13:20