The Innovation-Institution Connection: One Simple Diagram

Prateek Goorha

Abstract


The purpose of this note is to introduce a simple diagram that I suggest provides an intuitive and useful way of looking at the connection between institutions and innovations, regardless of what level of institutions one is concerned with. The 'back-of-the-envelope' diagram focuses attention on the effects of a new idea on the existing ideas that some institution might represent, and the sort of innovated institution that it might help engender.


Keywords


Innovation; Institutions; Ideas

Full Text:

PDF


DOI: https://doi.org/10.24840/2183-0606_006.004_0003



Notice: The Articles Content is of the Author's exclusive responsbility.
© FEUP EdiçõesThe International Journal on Multidisciplinary Approaches on InnovationISSN 2183-0606