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Innovation and value creation in the context of aviation: a Systematic Literature Review

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  • Pereira, Bruno Alencar
  • Lohmann, Gui
  • Houghton, Luke

Abstract

Over the last few decades, the aviation industry has produced several innovative solutions that have benefited the air travel industry and many other industrial and service organisations. However, few attempts have been made to map out these innovations and, more importantly, assess how they add value to aviation businesses. This paper aims to address this gap by providing a Systematic Literature Review to analyse themes, content relationships, approaches, and how innovations create value in this sector. We achieve this aim by analysing 57 peer-reviewed academic publications from 1999 to 2018. The thematic and content analysis made it possible to consolidate the findings by developing an overview of the themes and how innovation has supported them. The results identified ten main themes, i.e. airports, services, management, technology, airlines, system, development, market, customers, and processes. Through the content analysis, 114 value-creating innovations were identified, primarily towards ‘efficiency’, ‘convenience, new features and portfolio differentiation’, and ‘sustainable growth and environment'.

Suggested Citation

  • Pereira, Bruno Alencar & Lohmann, Gui & Houghton, Luke, 2021. "Innovation and value creation in the context of aviation: a Systematic Literature Review," Journal of Air Transport Management, Elsevier, vol. 94(C).
    • Handle: RePEc:eee:jaitra:v:94:y:2021:i:c:s0969699721000594
    DOI: 10.1016/j.jairtraman.2021.102076
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    1. Yaghoub Abdi & Xiaoni Li & Xavier Càmara-Turull, 2023. "Firm value in the airline industry: perspectives on the impact of sustainability and Covid-19," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-24, December.
    2. Tobias Mueller & Steven Gronau, 2023. "Fostering Macroeconomic Research on Hydrogen-Powered Aviation: A Systematic Literature Review on General Equilibrium Models," Energies, MDPI, vol. 16(3), pages 1-33, February.
    3. Pérez-Calderón, Esteban & Milanés-Montero, Patricia & Gutíerrez-Pérez, Cristina, 2021. "Climate change, where do we come from and where are we going? European aviation sector behaviour," Transport Policy, Elsevier, vol. 114(C), pages 40-48.

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