Tags: Innovation Economy, Knowledge, Technology, Strategic management, Foresight

Innovation in a knowledge-based economy is diverse and pervasive. It is not just based on research, or science and technology, or enterprise and ingenuity – although all of these remain very important contributing factors. Innovations depend on organizational, social, economic, marketing and other knowledge. It requires intellectual and artistic creativity. Technological regime literature suggests that firms within an industry tend to behave in highly correlated ways. Another tradition in innovation research literature, the strategic management literature emphasizes firm differences and acknowledges the possibility that behavioural heterogeneity may be observed within industries.

Towards Integration of Innovation Systems and Foresight Research in Firms and Corporations.pdf