Critical Concepts Innovation and Collective Entrepreneurship
نویسنده
چکیده
Innovation became important years ago when people became interested in the dynamic underlying economic development and growth. And innovation has been intimately intertwined with entrepreneurship. Joseph Schumpeter, writing in the early 20 C, argued that innovation is central to economic development; he regarded entrepreneurs as innovators engaged in a process of creative destruction, destroying the old to create the new. Technological innovation has been central to this process, and examples abound in consumer electronics (vinyl records to CDs to MP3 files and iPods), new cleaner technologies for energy production and conservation (wind turbines, wave power, photo-voltaic cells) and gene technology changing medicine and pharmaceuticals.
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The united innovation process: integrating science, design, and entrepreneurship as sub-processes
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