Restoring America's Global Competitiveness Through Innovation (New Horizons in International Business Series)
Ben L. Kedia
Format: PDF / Kindle (mobi) / ePub
Though we live in an era of rapid innovation, the United States has introduced comparatively few commercial innovations within the past decade. Innovation shortfall contributes to weaker trade performance, decreased productivity growth, lower wages and many other economic woes. This study provides insightful recommendations for developing enhanced innovation efforts that could help foster substantial, long-term economic growth.
As a high-wage country, the US relies on its ability to develop innovative products and services in order to compete with low-cost countries such as China, South Korea, India and Brazil. The contributors to this book, all well-known international business scholars, offer a diversity of perspectives on how the US can leverage its capacity for innovation to retain a competitive advantage within the global economy. Topics discussed include strategic organization, corporate leadership and innovation theory, as well as specific innovation challenges facing the US today.
This book will prove an invaluable resource for students and professors of international business, along with those interested in examining how countries can become more economically competitive through increased focus on innovation.
Contributors: K. Aceto, J.D. Arthurs, N. Balasubramanian, S.Y. Cho, E. De Lia, F.C. de Sousa, D. Dougherty, D.D. Dunne, T.L. Galloway, J. Harkins, S.C. Jain, V.K. Jain, B.L. Kedia, S.K. Kim, J. Lee, R. Leung, C.L. Levesque, D.J. Miller, D.R. Miller, S.E. Mooty, R. Pellissier, S. Raghunath, J.C. Ronquillo, R. Sarathy, J.B. Sears, D. Smith, M.T.T. Thai, E. Turkina, S. Vachani
organizing carries out these four design processes, and why these bureaucratic designs very straightforwardly inhibit even incremental innovation. For example, bureaucracies define the nature of work in precise, pre-specified ways, but since innovation cannot be so defined, such organizing induces what Burns and Stalker ( 1994) call ‘chronic anxiety’ about what to do. And if jobs are differentiated into separate steps, no one can see the whole problem or make new combinations. Dougherty’s
we shall use these terms (creativity and innovation) as synonyms, and we refer to organizational creativity as a system devoted to enhance creativity in organizations, thus using the definition proposed by Basadur (1997). As to the several approaches to identifying types of innovation, either by separating the adoption of products and processes from their development (Cebon et al., 1999), or, in a more classical way, product and process innovation (Adams, 2006), most authors agree that
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dimensions within the organization may also lessen the desire to reward employees who are assumed to be dedicated to the social mission of the organization, which may be perceived to be sufficient in and of itself as a reward in terms of helping people or working toward a cause. There is research, however, that claims that a nonprofit organization’s mission can facilitate innovation (McDonald, 2007). McDonald (2007) conducted two studies among nonprofit hospitals in the USA to investigate the