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An exploratory comparison of the management of innovation in the New and Old economies
Author(s) -
Floricel Serghei,
Miller Roger
Publication year - 2003
Publication title -
randd management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.253
H-Index - 102
eISSN - 1467-9310
pISSN - 0033-6807
DOI - 10.1111/1467-9310.00313
Subject(s) - position (finance) , function (biology) , exploratory research , industrial organization , business , exploratory analysis , economic geography , economy , knowledge management , economics , process management , marketing , computer science , sociology , data science , finance , evolutionary biology , anthropology , biology
This paper uses a combination of grounded theorising and exploratory quantitative analysis to compare the patterns of organising and managing innovation in the New and Old Economies. The results show that firms in the NE put in place structures and processes that give the R&D function a more strategic position, link it directly to customers and accelerate innovation throughput inside the firm.