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What are the major theories of innovation? 


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The major theories of innovation discussed in the abstracts include the opportunity vacuum theory, technological innovation systems theory, political economy model of transport innovations, Multi-Level Perspective, Rogers' theory on diffusion of innovations, hype cycle theory, cluster of theories on the role of industries in innovations, disruptive innovation, business model, open and closed innovation, digital innovation, agile innovation, Doblin innovation framework, frugal innovation, mercantilism, Marxism, classical political economy, neoclassical direction of economic theory, physiocrats, institutional paradigm, evolutionary innovative theory, and social action, social and solidarity economy, social entrepreneurship, social investment, social capital, and new public management .

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The major theories of social innovation discussed in the paper include social action, social and solidarity economy, social entrepreneurship, social investment, social capital, and new public management.
The major theories of innovation discussed in the paper are the opportunity vacuum theory, technological innovation systems theory, political economy model of transport innovations, Multi-Level Perspective, Rogers' theory on diffusion of innovations, hype cycle theory, and theories on the role of industries in innovations.
The paper discusses economic theories such as mercantilism, Marxism, classical political economy, and the neoclassical direction of economic theory.
The major theories of innovation discussed in the paper include disruptive innovation, business model innovation, open and closed innovation, digital innovation, agile innovation, and Doblin innovation framework.

Related Questions

What are the current theory about innovation?5 answersThe current theories about innovation include resource-based theory, resource dependency theory, theories of the diffusion of innovation, dynamic capability theory, business ecosystem theory, and theories on innovation and leadership relevant to healthcare. These theories aim to explain the phenomenon of small firms prospering while large firms decline, the integration of continuous improvement training in healthcare organizations, and the methodology for implementing innovation effectively in companies. Additionally, innovation is seen as a tool for sustainable development, creating new products or processes to increase profits and strengthen market position. Innovation can take various forms and tends to reduce costs and expand market demand. Theories of technological change include the Demand-pull and Technology Push theories, which have implications for the determinants of demand and innovation.
What are the current theory about innovation in marketing?5 answersCurrent theories about innovation in marketing include the capacity for innovation in cultural and tourism organizations, the constructionist approach to markets, the use of modern innovative technologies in the marketing sphere, the integration of innovation theory with marketing management in education, and the need for a renewal of marketing theory through the Service-Dominant Logic and H2H Marketing. These theories highlight the importance of innovation in various aspects of marketing, such as product and process innovation, market definitions based on resources and capabilities, and the role of technology in enhancing competitiveness and customer experiences. They also emphasize the need for interdisciplinary perspectives, such as innovation and technology management, in marketing education to prepare students for the evolving demands of the industry. Overall, these theories contribute to a deeper understanding of how innovation can drive marketing success and shape the future of the field.
What are the current theory about food innovation?5 answersFood innovation is a topic that has gained attention in recent years. Several theories have been proposed to understand and explain the dynamics of food innovation. One theory suggests that the development of innovative food products is driven by the demand for healthier and more sustainable options. Another theory focuses on the barriers that consumers face when adopting food delivery applications, which can hinder the innovation process. Additionally, there is a theory that explores the role of cultural context and manufacturing environment in shaping innovation in the food and drinks sector, particularly in small firms. Furthermore, the concept of innovative niches has been studied, highlighting the factors that influence the choice of organizational relations and the formation of innovative niches in the food industry. These theories contribute to our understanding of food innovation and provide insights into the factors that drive or hinder innovation in the sector.
What are the most relevant theories to explain acceptance of new innovation?4 answersThe most relevant theories to explain acceptance of new innovation include the Innovation Diffusion Theory (IDT), Theory of Reasoned Action (TRA), Theory of Planned Behavior (TPB), Technology Acceptance Model (TAM), Decomposed Theory of Planned Behavior (DTPB), and Unified Theory of Acceptance and Use of Technology (UTAUT). These theories have been applied in various studies across different areas such as online banking, mobile banking, e-learning, e-healthcare systems, and the construction industry. They help researchers understand the predictors of human behavior towards the adoption or rejection of new technologies. Additionally, these theories have been used to study employee acceptance of process innovation in public administration. The literature review of these theories provides valuable insights into the factors that influence technology adoption and can guide future research in this field.
What are the main theories and models about innovation diffusion and adoption?4 answersThe main theories and models about innovation diffusion and adoption include Everett Rogers' Diffusions of Innovation model, which identifies five phases of adoption: Innovators, Early Adopters, Early Mainstream, Late Mainstream, and Lagging Adopters. Another model proposed is the Innovation Adoption (IA) model, which categorizes adopters into Innovators, Early Adopters, Majority, and Laggards based on their innovativeness and assigns preferences for adoption trends based on psychological profiles. The Bass model, primarily used in marketing literature, integrates ideas from epidemiological literature to offer a different perspective on innovation diffusion, focusing on critical diffusions and analyzing barriers to diffusion, word-of-mouth, and policy interventions. The diffusion of innovations paradigm, which blends ideas from life cycle, evolutionary, and teleological theories, has evolved to include dissemination and implementation science, particularly in the context of health services and public health research. Various models and theories related to user acceptance and adoption of new technology have been developed over the years, aiming to understand the demands and impacting factors for technology acceptance.
What are the main theories of financial innovation?5 answersFinancial innovation theories encompass various concepts and approaches. One theory emphasizes the achievements of financial innovation in terms of organizational systems and management techniques. Another theory highlights the importance of knowledge in optimization and financial modeling techniques for creating new financial products. Additionally, financial innovation is seen as a means to decrease costs, increase speed, manage uncertainty and risk, enhance liquidity, and improve the overall quality of financial services. There is also a recognition of the increasing complexity of financial innovation and the need for a meta-theory that can better explain its diverse and complex nature. Scholars have also emphasized the significance of new financial products and services as drivers of economic growth.

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