Work

Innovation Resilience: A New Approach for Managing Uncertainties Concerned with Sustainable Innovation

Year: 2018

Type: article

Abstract: Sustainable innovation is more complex than conventional, market-driven innovation, because companies have to consider a wide range of uncertainties concerned with the environment, society, and economics. This literature review shows that resilience is the prevailing way of thinking in the area of sustainability studies, and the main contribution of resilience to sustainability is how to deal with uncertainties. However, there seems to be a scarcity in the current literature on the conceptualization of resilience in the context of innovation. From the duality view, this paper proposes a new concept of innovation resilience based on two dimensions, stability and adaptability, which contribute to maintaining a high level of innovation efficiency, while at the same time adapting to change. The proposed innovation resilience concept attempts to provide an integration of divergent research streams—innovation management, organizational resilience, and sustainability management theory. We develop a conceptual framework that consists of a set of indicators involving the two dimensions by using multiple case studies, upon which future empirical studies can be based.

Source: Sustainability

DOI: 10.3390/su10103641

Authors: Wen-Dong Lv, Dan Tian, Yuan Wei, Rui-Xue Xi

Institutions: University of International Business and Economics, Dongbei University of Finance and Economics

Language: English

Topic: Sustainability and Innovation in Business

Subfield: Management of Technology and Innovation

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: gold

Estimated APC paid: $2,896