Edited by Mikael Scherdin and Ivo Zander
Chapter 6: Innovation Processes: Experience Drawn from the Creation of Dalhalla
Per Frankelius Entrepreneurship and innovation have much in common, but the terms are not synonymous. The establishment of a successful company can be the result of brilliant entrepreneurship. That is, however, not to say that the venture must have any substantial originality – there does not have to be innovation involved. What then is innovation all about? I will argue it is about something principally new – in whatever area – which is created and also gains a solid footing on a market or in society. Something new intended for a market is not a fulfilled innovation until the new thing also “breaks into” that market. The process by which the new thing becomes accepted by the market (or by users in other spheres of society if the innovative concept is not intended for a commercial market) is affected partly by the actions undertaken by the driving agent, partly by external forces. The associated actions and events are closely related to what is typically perceived of as entrepreneurship. Therefore, in my view almost all innovation partly depends on entrepreneurship, but far from all entrepreneurship is associated with innovation. What is the scope of innovation? Most often innovation researchers and innovation policy makers focus on products and technology (not on art or culture). Moreover, the innovation process is usually considered as the transformation of technical ideas and knowledge into new products or services or production processes. However, I will challenge these and other traditional notions in the innovation discourse. I especially want to argue...
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