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 language | English (US) |
|---|---|
| Pages (from-to) | 20-31 |
| Number of pages | 12 |
| Journal | European Journal of Innovation Management |
| Volume | 4 |
| Issue number | 1 |
| DOIs | |
| State | Published - Mar 1 2001 |
| Externally published | Yes |
Keywords
- Entrepreneurship
- Innovation
- Measurement
- Norway
ASJC Scopus subject areas
- Management of Technology and Innovation
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Cite this
Johannessen, J. A., Olsen, B., & Lumpkin, G. T. (2001). Innovation as newness: What is new, how new, and new to whom? European Journal of Innovation Management, 4(1), 20-31. https://doi.org/10.1108/14601060110365547