Abstract
The conventional neoclassic approach of the entrepreneurial economic development perceives innovation to a large extent restrictively and unproductively. In a parallel motion, the conventional Keynesian perspective proves to be as well insufficient to study the innovation dynamics evolutionary and dialectically.
On the contrary, toward a theoretical repositioning of the innovation studies, there are appearing new approaches that continue the evolutionary study of the capitalistic Firm’s physiology that began in the mid-20th century.
This paper focuses especially on this theoretical redefinition to innovation dynamics. It tries to unfold a view of the Firm of physiological and evolutionary type, by highlighting a new synthesis of Strategy, Technology and Management (the ‘Stra.Tech.Man’ triangle) that represents the organic center of the produced innovation, inside all socioeconomic organisms.
On the contrary, toward a theoretical repositioning of the innovation studies, there are appearing new approaches that continue the evolutionary study of the capitalistic Firm’s physiology that began in the mid-20th century.
This paper focuses especially on this theoretical redefinition to innovation dynamics. It tries to unfold a view of the Firm of physiological and evolutionary type, by highlighting a new synthesis of Strategy, Technology and Management (the ‘Stra.Tech.Man’ triangle) that represents the organic center of the produced innovation, inside all socioeconomic organisms.
Original language | English |
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Pages (from-to) | 1-26 |
Journal | Journal of Entrepreneurship and Business Innovation |
Volume | 5 |
Issue number | 2 |
DOIs | |
Publication status | Published - 4 Feb 2018 |
Keywords
- Innovation
- firm theory
- evolutionary economics
- Stra.Tech.Man analysis