This chapter provides an overview of major challenges and open questions in the field of
innovation research. Eight areas of enquiry are identified that each correspond with one of the
parts of the edited volume. The chapter begins by discussing the notion of innovation as a concept
and then highlights the interrelationship between innovation and institutions, as well as the
interdependence of innovation and creativity. This is followed by three parts that target innovation
as a social process: innovation, networking and communities; innovation in permanent spatial
settings; and innovation in temporary and virtual settings. Finally, the relationships between
innovation, entrepreneurship and market making and wider issues regarding the governance and
management of innovation are discussed, followed by some remarks about the unique characteristics of
the edited volume.
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