Author: Jørgen Høegh

Attention to innovation has increased rapidly over the last fifty years, and it is no longer just a macroeconomic concept. It is also a concept seen within the company in achieving readiness and creating change in the competitive picture. The newest thing is to see innovation as a result of complementing personal competencies that can…

There is no clear definition of the concept of innovation, as Joseph Alois Schumpeter introduced in his book The Theory of Economics Development in 1912. The concept changes continuously in line with macroeconomic developments, but the definitions of the term still have ancestry after Schumpeter more than 100 years later. Compare Schumpeter’s observations on innovation…