2008
DOI: 10.4067/s0718-27242008000200002
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Towards the Innovation Function

Abstract: This paper explores the main elements that influence innovation and the relationships among them. It is pointed out that innovation results from an entrepreneurial action inside an established institutional context, sustained by resources, abilities and competences and with the support of the necessary financial capital. Therefore, it is proposed that innovation is a function (just as the microeconomic production function) composed of entrepreneurship, institutions, capabilities and capital. Each one of these … Show more

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Cited by 25 publications
(24 citation statements)
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References 29 publications
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“…The Oslo Manual introduces a general definition for innovation which states: [...] innovation is the implementation of a new or significantly improved product (good or service), or a process, or a new marketing method; or a new organizational method in business practices, in the organization of the workplace or in external relations [...] (ORGANIZAÇÃO..., 2005, p. 55). Zawislak et al (2008) characterize innovation as the application of knowledge, which is capable of producing technical or organizational changes that offer advantages to companies. The applied knowledge may be new to the company, but not necessarily to its competitors, to the market or to the world (ZAWISLAK et al, 2008;PUERTO, 1999).…”
Section: Innovation Approaches Considering the Pdp Contextmentioning
confidence: 99%
See 1 more Smart Citation
“…The Oslo Manual introduces a general definition for innovation which states: [...] innovation is the implementation of a new or significantly improved product (good or service), or a process, or a new marketing method; or a new organizational method in business practices, in the organization of the workplace or in external relations [...] (ORGANIZAÇÃO..., 2005, p. 55). Zawislak et al (2008) characterize innovation as the application of knowledge, which is capable of producing technical or organizational changes that offer advantages to companies. The applied knowledge may be new to the company, but not necessarily to its competitors, to the market or to the world (ZAWISLAK et al, 2008;PUERTO, 1999).…”
Section: Innovation Approaches Considering the Pdp Contextmentioning
confidence: 99%
“…Zawislak et al (2008) characterize innovation as the application of knowledge, which is capable of producing technical or organizational changes that offer advantages to companies. The applied knowledge may be new to the company, but not necessarily to its competitors, to the market or to the world (ZAWISLAK et al, 2008;PUERTO, 1999). This degree of novelty drives incremental innovations to the core of the innovation process in developing countries.…”
Section: Innovation Approaches Considering the Pdp Contextmentioning
confidence: 99%
“…In order to understand the elements that impact innovation, Zawislak, Borges, Wegner, Castro-Santos and Lucas (2008) presented the concept "innovation function". For these authors, innovation is a function of entrepreneurship (will, desire, spirit, courage and vision to carry out new ideas), institutions (social-economic and cultural context in which entrepreneurs explore opportunities), capabilities (resources, skills, abilities and skills to turn ideas into products and services), and, capital (financial resources needed to sustain the entire process).…”
Section: Theories and Models Of Firm Innovationmentioning
confidence: 99%
“…This dichotomy makes it difficult to determine exante the impact of inter-firm collaboration on firm innovation performance. Innovation can be defined as the application of knowledge to generate technical or organizational changes capable of offering advantages to the firm that accomplishes them (Zawislak et al, 2008). It consists of the research, discovery, experimentation, development, imitation, and adoption of new products, new productive processes, and new forms of organizing resources (Dosi, 1988).…”
Section: Knowledge Flowmentioning
confidence: 99%