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Extroversion-Introversion Dimension Of The Hult Prize Participants Due To Creative Innovation Process

Author

Listed:
  • Ivana Bekic

    (Vern University Zagreb)

  • Jadranka Ivanković

    (Vern University Zagreb)

  • Magdalena Bednjanec

    (Aspira University of Applied Sciences Zagreb)

Abstract

Innovations are the drivers of social and economic development. According to the conceptual settings of Swann’s model of the creative process, economically and socially effective innovation is process-structured. Depending on the phase of its implementation, different personality traits of the stakeholders are required. The goal of the research was to gain insight into the presence of the extroversion-introversion dimension of the HULT Prize competition participants, students’ competition focused on social entrepreneurship, and into their perception of certain determinants of Swann’s model. The research was conducted in 2023 by surveying 291 HULT Prize participants from 12 countries. The respondents were grouped according to the rank of innovation of their countries. The results did not reveal statistically significant differences in the views of respondents on the determinants of Swann’s model, and introverted personality dimensions prevailed. The interviews with the HULT Prize stakeholders provided a deeper insight into the quantitative research results.

Suggested Citation

  • Ivana Bekic & Jadranka Ivanković & Magdalena Bednjanec, 2024. "Extroversion-Introversion Dimension Of The Hult Prize Participants Due To Creative Innovation Process," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 33(2), pages 405-424, December.
  • Handle: RePEc:avo:emipdu:v:33:y:2024:i:2:p:405-424
    DOI: 10.17818/EMIP/2024/2.3
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    More about this item

    Keywords

    Swann’s model; creative process; extroversion-introversion dimension; personality traits; social utility of innovation; HULT Prize;
    All these keywords.

    JEL classification:

    • B55 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Social Economics
    • C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation, Validation, and Selection
    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O35 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Social Innovation

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