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Innovation Theory

  • Yoshiteru Nakamori
Chapter
Part of the Translational Systems Sciences book series (TSS, volume 20)

Abstract

There are countless books that discuss innovation, but this book does not have the ambition to add a new theory of innovation. This chapter explains the definition and theories of innovation that are already authorized and are the minimum necessary to learn. Regarding the definition, you will first learn about creative destruction by Joseph A. Schumpeter, the founder of innovation theory, and then about marketing and innovation by Peter F. Drucker, who is called the founder of modern management. As for theories, you will study disruptive innovation by Clayton M. Christensen and value innovation by W. Chan Kim and R. Mauborgne.

References

  1. Christensen, C. M. (1997). The Innovator’s dilemma: When new technologies cause great firms to fail. Boston: Harvard Business Review Press.Google Scholar
  2. Christensen, C. M., Raynor, M., & McDonald, R. (2015). What is disruptive innovation? Harvard Business Review, 93(12), 44–53.Google Scholar
  3. Drucker, P. F. (1954). The practice of management. New York: HarperCollins Publishers, Inc. (Paperback, 2006 by Harper Business).Google Scholar
  4. Drucker, P. F. (1973). Management: Tasks, responsibilities, practices. New York: Harper-Collins Publisher, Inc.Google Scholar
  5. Drucker, P. F. (1985). Innovation and entrepreneurship. New York: HarperCollins Publisher, Inc.. Revised version (2011), New York: Routledge, Taylor & Francis Group.Google Scholar
  6. Kim, W. C., & Mauborgne, R. (1997). Value innovation: The strategic logic of high growth. Harvard Business Review, 75(January–Febryary), 102–112.Google Scholar
  7. Kim, W. C., & Mauborgne, R. (2005). Blue Ocean strategy: How to create uncontested market space and make the competition irrelevant. Boston: Harvard Business School Publishing.Google Scholar
  8. Kim, W. C., & Mauborgne, R. (2015). Blue Ocean strategy: Expanded edition. Watertown: Harvard Business School Publishing.Google Scholar
  9. Schumpeter, J. A. (1912) Theorie der wirtschaftlichen Entwicklung (The first version in German). The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle. Translated by Redvers Opie, 1934, London: Routledge, Tailor & Francis Group.Google Scholar
  10. Schumpeter, J. A. (1942). Capitalism, socialism and democracy. London: Routledge.Google Scholar

Copyright information

© Springer Nature Singapore Pte Ltd. 2020

Authors and Affiliations

  • Yoshiteru Nakamori
    • 1
  1. 1.Professor Emeritus, School of Knowledge ScienceJapan Advanced Institute of Science and TechnologyNomiJapan

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