Innovation: Innovation, Creativity, Innovation And Entrepreneurship

Great Essays
Register to read the introduction… Tidd et al (2005, P.3) states that “innovation is driven by the ability to see connections, to spot opportunity and to take advantage of them”. However, it is creativity that gives that ability to conjure up the ideas and Cummings (1998) supports this. He very much describes creativity as the idea generating stage. Martins and Turblanche (2003) also supports this theory and offers a definition for the context of organisational creativity. They state that: “…creativity can be defined as the generation of new and useful/valuable ideas for products, services, processes and procedures...” Martins and Turblanche (2003, P.66).
Therefore the link between the two concepts of creativity and innovation is evident. John (2001) points out however, that innovation can only be achieved after the successful implementation of the creative idea, whether it is a solution to a problem, a new product or an improvement. Hence why encouraging innovation creates risk as the ideas may not be successful and reasons for this will be discusses further on in the
…show more content…
Those organisations that want to increase in size, dip into new markets and compete with larger organisations require creativity and innovation to do that. Therefore being innovative can bring on change and allow a company to grow. Various authors (Denton, 1999, www.designcouncil.co.uk-conundrum, Zhao, 2005) look at innovation from another angle and argue that sometimes creativity and innovation is needed to help a business survive. Martins and Terblanche (2003) also presents another benefit to creativity and innovation. They discuss the possibility of using creativity to solve problems and make improvements. This is supported by Work Study (2003) which explains how creative ideas can lead to cost-effective solutions, which may save the organisation money and even time.

How to adopt creativity – organisational qualities/types of innovation; incremental/radical; process, place, product
Conclusion
It is suggested by authors such as... to recognise the difference between the three but to clearly understand the link between the concepts in order to successfully implement innovation and ultimately reap the benefits that many authors

Related Documents

  • Improved Essays

    By managing the current core businesses at their highest point of the company's performance and opportunity, in the way they are designed today, is the basic structure for leading innovation. Grasp the concept of constructing a new venture and improve on a previously existing business are two basically separate management challenges of skills metrics, methods, mindsets, and leadership approach. In retrospect, businesses over focus on Box 1 by means of managing the present in realizing strategies. The comfort zone that is based on special interest and ideas that are strongly ingrained in the business. Since box 1 is an incredibly important strategy, you still should think outside the box.…

    • 528 Words
    • 3 Pages
    Improved Essays
  • Decent Essays

    MGMT 110 Outline Article Chosen: Creativity and Innovation. Theory used: Managing Change and Innovation As described by the article, we can define creativity as an element of learning, interest, imagination and assessment. To understand the Creativity Process we must first comprehend three critical levels of creativity, namely discovery, invention, and creation (Burrus, 2013).…

    • 243 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    An examination of leadership and employee creativity: the relevance of traits and relationships. Personnel Psychology 52: 591-620 Spreitzer, G.M. (1995) Psychological empowerment in the workplace: dimensions, measurements, and validation. Academy of Management Journal 38(5):1442-65 Scott, S.G & Bruce,R.A.,(1994). Determinants of innovative behavior: a path model of individual innovation in the workplace.…

    • 638 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Creative thinking enables them to explore different fields so that they can gain experiences and find out the potential possibilities. The force of creative thinking should be applied to the general public and most importantly, in the education system. Students should be put in an education system where they are free of exploring new skills and knowledge rather than the one with a designed outline. Through the hand of creative thinking, students can focus on their potential talents and create their own products. Since they can dig out their potential talents and transfer it to the reality completely, they will gain the sense of…

    • 1629 Words
    • 7 Pages
    Improved Essays
  • Improved Essays

    An organization that has an innovative culture is one that values organizational change. Thus, “Creativity is the process of generating something new; while innovation is the application of creativity to a new product or service that has value” (Judge Jr., 2012, p. 99). Innovation goes way beyond responding to change. In other words, an organization that fosters a culture of innovation are aware that innovation and creativity comes from all. Therefore, all organizations should embrace in innovation culture because it can an increased productivity, morale, and employee engagement which is essential for an organization to be successful.…

    • 1362 Words
    • 6 Pages
    Improved Essays
  • Superior Essays

    Initially when considering external influence the frameworks have an agreement on the need for creativity to be judged by others, be it through professional or observant relationships. In terms of the motivations for creativity, the frameworks differ in their suggestions of where creativity comes from, how it can be encouraged, and what this means for the individual. In addition, the frameworks offer different accounts on what creativity means, and whether this is best achieved through personal endeavour or a combined process. Furthermore, it is evident that there is consideration for the social contexts in which creativity manifests itself and the need for recognition and encouragement from those closest to the creative unit. Despite the clear differences in theories across these frameworks, all three frameworks point towards a very complex and fluid process to achieving creativity that is much more intricate than the standard description of creativity.…

    • 1486 Words
    • 6 Pages
    Superior Essays
  • Great Essays

    Creative Reflection Report

    • 2821 Words
    • 12 Pages

    I have learnt that if a company is to sustain their competitive advantage, the need to create and innovate is vital due to the rapidly changing economic environment and the new challenges that it brings. Therefore, creativity and innovation set companies apart from each other in a modern day context. This was the case with my own experience. After identifying a problem in the student market in Nottingham, I was creative in the way that I was able to find a solution or something new to bring to the market, which led me to innovating a premium brand, something that had never been done before. Furthermore, I have learnt that in order for creativity and innovation to sustain an organisations competitive advantage, the environment needs to be right to ensure that their employees are working at their maximum when trying to solve a problem or create something new.…

    • 2821 Words
    • 12 Pages
    Great Essays
  • Great Essays

    Sternberg Theory Essay

    • 1745 Words
    • 7 Pages

    Jahan Umama Assignment 1 EDU E253F Student number : 12049996 3-8-2018 Table of Contents Sternberg’s Triarchic Theory of Intelligence 2 Practical intelligence 2 Creative intelligence 2 Analytical intelligence: 2 Strengths and limitations of his theory in the local context 2 Strengths 2 Limitations 3 Implications of this theory for nurturing children’s cognitive development in Hong Kong. 5 Conclusion 5 Sternberg’s Triarchic Theory of Intelligence IQ tests measures only a person’s analytical intelligence such as glossary, knowledge and memory. However, Dr. Robert Sternberg believed that people possess 3 different types of intelligences such as practical intelligence, creative intelligence and analytical intelligence.…

    • 1745 Words
    • 7 Pages
    Great Essays
  • Improved Essays

    Introduction Schawlow (1981) proposes that "the most successful scientists often are not the most talented" (Amabile, 1997, p.39), therefore it stresses the importance to find the ones that are driven by curiosity. By finding the right person to do the right task, initiating their creativity is the first step to increasing innovation in the workplace. Since innovation is vital for the long-term success, a company need to recognise the necessity of innovation which in order to fit the rapid change of the industry. The reason behind is that the company itself cannot survive by delivering the same products and services so leaders have to increase the level of innovation in their organisations to avoid elimination. Therefore, this essay is structured…

    • 1006 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Nurturing Creativity in Education, published to the European Journal of Education on September 1, 2014, was written by Paul Collard and Janet Looney. The authors aimed this article at informing their readers in understanding that creativity is an essential factor for education. Most people have heard the word “creativity” and have a basic understanding of what the word means, but the article gives us a clearer viewpoint on the subject of creativity. It states that “creativity is widely acknowledged as vital for social and economic innovation and development as well as for individual well-being” (Collard & Looney, 2014. p. 1).…

    • 817 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    For successful execution in innovation, diversity and inclusion are common design elements in five theories: absorptive capacity, actor-network, agency, attachment, and attribution theories. Through these five theories, I would like to share my thoughts about why diversity and inclusion are common elements in five theories, which make a huge difference in innovation. Here are the details: Absorptive capacity supports diversity and inclusion that recognizes the value of new knowledge, assimilates it, and uses it toward achieving innovation. In order to be innovate, we need to help our teams better absorb and use new knowledge to accomplish our innovative goals. Through diversity, absorptive capacity greatly impacts the ideas of technological…

    • 944 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    The Discipline of Innovation by Peter F. Drucker highlights some key concepts of innovation and facilitates a discussion of sorts regarding how much of innovation is inspiration and how much of it is actually hard work. Innovation in itself is described early on as more of a matter of thinking than of doing. After expending effort to describe the essence of innovation and what it truly is, Drucker begins to discuss the fact that innovation has several specific sources. Furthermore, the remainder of the article dives deeply into several different sources of innovation; three of those sources are known to present themselves from within a company or organization, these being unexpected occurrences, incongruities, process needs, along with industry…

    • 998 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    It seems like we’re always saying we want to get out of our comfort zones, take a bite out of life, challenge and change ourselves. But we rarely ever do. It’s one of those finicky things that sounds great in theory but, in practice, is actually very difficult. Think about it: Getting out of your comfort zone implies tearing your world apart for the sake of new experiences.…

    • 822 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    The path of an entrepreneur can merge into one with artistic values. Those that enter into the artistic path are called creative entrepreneurs (Henry, 2007). Innovation and entrepreneurship have become separate paths, but in reality they are reliant on one another in order to function efficiently. The artists in today’s society must utilize innovation in order to survive. Innovation is achieved through the construction of a creative style from multiple art fields.…

    • 1085 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Group 4 – Individual Reflection Report What have I learned? During the project, I handled communication with our audience and working on interviews with our targets with my colleagues. I also attended all meetings with our group to discuss and work part by part as scheduled with my classmates.…

    • 974 Words
    • 4 Pages
    Improved Essays