Innovation

Scientific And Business Resources In Interaction

Date Added: Feb 2010
Format: PDF

This paper deals specifically with how the transformation of a new scientific achievement into a business innovation can be understood from a resource interaction perspective. To achieve innovation, that is to say to transform an invention, or a product or process development, into a widely used commercial solution, is seen as a very desirable accomplishment to the single entrepreneur or company (Cooper, 1982), but it is also considered an important goal in terms of inducing economic growth on a larger scale.