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

Jon‐Arild Johannessen (Jon‐Arild Johannessen is a Professor at the Norwegian School of Management, Oslo, Norway.)
Bjørn Olsen (Bjørn Olsen is an Associate Professor at the Bodø Graduate School of Business, Norway.)
G.T. Lumpkin (G.T. Lumpkin is Assistant Professor at the University of Illinois at Chicago, Chicago, Illinois, USA.)

European Journal of Innovation Management

ISSN: 1460-1060

Article publication date: 1 March 2001

21129

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.

Keywords

Citation

Johannessen, J., Olsen, B. and Lumpkin, G.T. (2001), "Innovation as newness: what is new, how new, and new to whom?", European Journal of Innovation Management, Vol. 4 No. 1, pp. 20-31. https://doi.org/10.1108/14601060110365547

Publisher

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MCB UP Ltd

Copyright © 2001, MCB UP Limited

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