The indispensable truism of innovation: Improving competitiveness by exploiting the explanatory gaps of innovation theory

Simon Høigaard Theland & Anders Peter Riis

Student thesis: Master thesis

Abstract

The present thesis contributes to the perception of innovations in three significant manners: 1) it proposes that innovation theory contains an explanatory gap in regards to the origin of innovations; 2) it develops a framework to explicate and investigate this gap; and 3) it presents tangible recommendations to companies on how performance can be improved by turning their attention towards the insights obtained in the thesis’ framework, analyses and conclusions. The thesis’ contributions to both the practical utilisation of and academic theorisation upon innovation are based on a cross-disciplinary analytical framework and thorough analysis of three distinct cases. Initially, we develop the analytical framework from a theoretical review of traditional and contemporary innovation theory and other branches of social science; more specifically history, sociology and philosophy. Consecutively, we conduct case analyses based on the framework, which constitute the foundation for the thesis recommendations in regards to companies’ performance. Concordantly, the last part of the thesis operationalises the insights and novelties from our analytical framework and analyses, and therefore presents tangible recommendations that supposedly can improve companies’ innovativeness, market insights, strategising and hereby performance.

EducationsMSc in Management of Innovation and Business Development, (Graduate Programme) Final Thesis
LanguageEnglish
Publication date2010
Number of pages114