From Knowledge-Driven Creation to Society-Driven Innovation: Some Glimpses on Organizational Ambidexterity, Open Innovation and Value Creation
Main Article Content
Abstract
Innovation lies at the heart of value creation, growth and competitiveness, and receives accrued attention in times of economic turbulence and slowdown. Organizations currently face increasingly dynamic environments and challenging conditions, which leave them exposed to higher levels of complexity and uncertainty. Thus, the ability of organizations to reinvent themselves and to reposition their offerings is critical for their survival. Permanently nurturing this ability to innovate is an essential role for managers and innovation leaders. In this issue we embrace different facets of this ability, and consider it at multiple levels: individual, organizational and inter-organizational. The two Letters featured in this Issue also reflect this multiplicity of levels needed to comprehend, and support the innovation process. In the first Letter of this Issue, Molina contends that value creation from science can be achieved through the astute combination of “knowledge driven creation” and “society driven innovation”. He further argues of the need for scientific research to address key challenges facing humanity, and to unleash its transformative power on society. This message echoes with the philosophy of this Journal, as connecting academic research with pragmatic reality is embedded in its DNA.
Article Details
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).