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Concepts and models of innovation

In: The Elgar Companion to Innovation and Knowledge Creation

Author

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  • Patrick Cohendet
  • Laurent Simon

Abstract

As a general paradigm for society, a dominant model of innovation drives and shapes the behaviours and decisions of policy-makers, economists, entrepreneurs, business managers and all sorts of economic agents. In the present contribution, to focus on the relationships between dominant models and constitutive disciplines, we have purposefully reduced the sequence of generations of dominant models to three main generations: 1) the linear and closed model of innovation (from World War I to the mid-1980s); 2) the interactive and closed model of innovation (from the mid-1980s to the first decade of the 21st century); and 3) the interactive and open model of innovation (starting from the first decade of the 21st century, which in our view has not yet reached its mature stage). For each generation of dominant model, we will summarise the main characteristics of the dominant model, to assess the contribution of each of the constitutive disciplines to the model, and to understand the replacement of a model by a new one.

Suggested Citation

  • Patrick Cohendet & Laurent Simon, 2017. "Concepts and models of innovation," Chapters, in: Harald Bathelt & Patrick Cohendet & Sebastian Henn & Laurent Simon (ed.), The Elgar Companion to Innovation and Knowledge Creation, chapter 3, pages 33-55, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15485_3
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    Cited by:

    1. Kibar, Samet, 2020. "Eine ökonomisch theoretische Analyse der Konzeption und Legitimation staatlicher Clusterförderung," Arbeitspapiere 191, University of Münster, Institute for Cooperatives.
    2. Jonathan Labbé, 2020. "Venture capital risk, start-ups and innovation: the syndication of venture capital investments recipe [Capital-risque, start-ups et innovation : la recette du financement par syndication]," Post-Print hal-03000103, HAL.

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