Innovation as newness: What is new, how new, and new to whom?

Jon Arild Johannessen, Bj⊘rn Olsen, G. T. Lumpkin

Research output: Contribution to journalArticlepeer-review

312 Scopus citations

Abstract

Innovation implies newness. To define and measure innovation better, we investigated three dimensions of newness: what is new, how new, and new to whom? Drawing on prior research by Schumpeter and Kirzner, we developed a scale that addresses six areas of innovative activity: new products, new services, new methods of production, opening new markets, new sources of supply, and new ways of organizing. Using factor analysis on data from two separate field studies — 684 firms from eight industries and 200 information technology firms — we found that innovation as newness represents a unidimensional construct, distinguished only by the degree of radicalness.

Original languageEnglish (US)
Pages (from-to)20-31
Number of pages12
JournalEuropean Journal of Innovation Management
Volume4
Issue number1
DOIs
StatePublished - Mar 1 2001
Externally publishedYes

Keywords

  • Entrepreneurship
  • Innovation
  • Measurement
  • Norway

ASJC Scopus subject areas

  • Management of Technology and Innovation

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