Inderscience Publishers

A review and conceptualisation of innovation models from the past three decades

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Courtesy of Inderscience Publishers

Innovation is widely recognised as an appropriate ‘tool’ to gain competitiveness and it is often defined as an idea, process, service, product, etc., that is characterised as being new and commercially accepted. The description of the innovation process as a sequence of tasks is not new; but there is still no easy way to materialise these processes in the industry. Various authors have defined modelling as the most appropriate way to achieve this purpose. This paper compiles and summarises all of the most relevant models published during the last three decades. It also identifies their key factors, which are included in a questionnaire that will be used amongst relevant industrial firms in the Basque country in order to characterise a new innovation model. The originality of this work will be the joint development and validation of a new innovation model, suited to actual needs, flexible and customised to industrial companies.

Keywords: innovation, models, key factors, competitiveness, survey

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