ISBN : 9780198825043
What is innovation? How is innovation used in business? How can we use it to succeed?
Innovation, the ways ideas are made valuable, plays an essential role in economic and social development, and is an increasingly topical issue. Over the last 150 years our world has hit an accelerated rate of transformation. From aeroplanes to television and penicillin, and from radios to frozen food and digital money, the fruits of innovation surround us.
This Very Short Introduction looks at what innovation is and why it affects us so profoundly. It examines how it occurs, who stimulates it, how it is pursued, and what its outcomes are, both positive and negative. Considering innovation today, and discussing future disruptive technologies such as AI, which have important implications for work and employment, Mark Dodgson and David Gann consider the extent to which our understanding of innovation has developed over the past century and how it might be used to interpret the global economy.
1: Josiah Wedgwood: the world's greatest innovator
2: Joseph Schumpeter's gales of creative destruction
3: London's wobbly bridge: learning from failure
4: Stephanie Kwolek's new polymer: from labs to riches
5: Thomas Edison's organizational genius
6: Innovating the future
"This is one of the most thoughtful, succinct and useful introductions to innovation I have read." - David Willetts, formerly UK Minister for Universities and Science, author of A University Education.