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Modelling firm-level innovation value chain

Author

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  • Shimelis Tilahun
  • Eshetie Behan

Abstract

Innovation is known in the literature as a deliberate act of firms' creativity in the intentional and unintentional knowledge management process for the success of business ventures. The innovation value chain has represented in place of the innovation process with a depth view of knowledge production and management through recursive acts. It has also been seen as the firm's creative path to achieve a financial objective through the value capturing process. This study has gone through a fused approach of innovation value chain with the knowledge management process and business model innovation. The new approach has filled a literature gap that comprehends the innovation value chain and business model as independent elements of entrepreneurship. The study has also contributed a methodological approach that can resolve the criticisms of process-based innovation studies. Based on simulation results staying a long time in the imitation process may cause firms to become colonised on imported technologies.

Suggested Citation

  • Shimelis Tilahun & Eshetie Behan, 2024. "Modelling firm-level innovation value chain," International Journal of Business Innovation and Research, Inderscience Enterprises Ltd, vol. 35(2), pages 238-276.
    • Handle: RePEc:ids:ijbire:v:35:y:2024:i:2:p:238-276
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