Chapter 4 Innovation Takes Time: The Role of Futures Research in CIM

Abstract

The duration of an innovation process, from new idea to new business, may take many years. This makes it necessary to incorporate a vision of the future. The Cyclic Innovation Model (CIM) shows that aspects such as multiplicity (looking at multi-fold futures) and multidimensionality (looking at different aspects of the future) should be taken into account. Looking at the different actors involved in CIM, the future should be researched with an open mind (meaning that the transition path to the future should be kept wide open) and different time horizons should be taken into account.

Citation

Berkhout, G., van der Duin, P., Hartmann, D. and Ortt, R. (2007), "Chapter 4 Innovation Takes Time: The Role of Futures Research in CIM", Berkhout, G., Van Der Duin, P., Hartmann, D. and Ortt, R. (Ed.) The Cyclic Nature of Innovation: Connecting Hard Sciences with Soft Values (Advances in the Study of Entrepreneurship, Innovation and Economic Growth, Vol. 17), Emerald Group Publishing Limited, Leeds, pp. 71-85. https://doi.org/10.1016/S1048-4736(07)17004-1