Abstract
The study provides a detailed analysis of high impact to market innovations, without sorting whether these are innovations of low or high technological progress. The research base sample includes a detailed analysis of 58 consumer product innovations that reached a high market impact over the period 2014–2017, i.e. the consumers purchased them considerably more than other innovations. The study examines the components of these innovations in detail; they are also grouped into 4 basic groups. It is concluded in the study that the high impact to market innovations are made up of recurring 34 components. The study also concludes that the open innovation components only partly overlap with the innovation components that have been studied so far on the level of both micro and macro innovation eco-systems.
| Original language | English |
|---|---|
| Title of host publication | Advances in Human Factors, Business Management and Leadership - Proceedings of the AHFE 2019 International Conference on Human Factors, Business Management and Society, and the AHFE International Conference on Human Factors in Management and Leadership |
| Editors | Jussi Ilari Kantola, Salman Nazir |
| Place of Publication | Cham |
| Publisher | Springer Nature Switzerland |
| Pages | 72-82 |
| Number of pages | 11 |
| Volume | 961 |
| ISBN (Print) | 9783030201531 |
| DOIs | |
| Publication status | Published - 2020 |
Publication series
| Name | Advances in Intelligent Systems and Computing |
|---|---|
| Volume | 961 |
| ISSN (Print) | 2194-5357 |
| ISSN (Electronic) | 2194-5365 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 8 Decent Work and Economic Growth
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SDG 9 Industry, Innovation, and Infrastructure
Keywords
- High impact to market innovations
- Innovation classification
- Innovation components
OECD Field of Science
- 5.2 Economics and Business
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