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En­tre­pren­eur­ship and In­nov­a­tion Man­age­ment - Sources of In­nov­at­ive Ideas

Co­ordin­ator: Nikolaus Franke

Our re­search area fo­cuses on identi­fy­ing and study­ing the sources of in­nov­at­ive busi­ness ideas, i.e. the point at which en­tre­pren­eur­ship and in­nov­a­tion man­age­ment meet. Given the great ad­vances in in­form­a­tion tech­no­logy and com­mu­nic­a­tion, this field of re­search has seen in­creased at­ten­tion in re­cent years.

Many in­nov­a­tions are not ac­tu­ally developed by pro­du­cers but by the end users of their products, a fact which has given rise to the term "user in­nov­a­tions." New tech­no­lo­gies have stream­lined or­gan­iz­a­tion and ex­ped­ited com­mu­nic­a­tion among these users in the devel­op­ment pro­cess, as can be seen in open-­source soft­ware devel­op­ment and the ac­com­pa­ny­ing vir­tual user com­munit­ies. A num­ber of com­munit­ies have demon­strated that users can indeed bring about sig­ni­fic­ant tech­no­lo­gical ad­vances, and that this has not only in­creased the num­ber of in­nov­a­tions but also made them easier to ob­serve and mon­itor.

The num­ber of new busi­nesses foun­ded is now gen­er­ally re­cog­nized as an im­port­ant factor in health and growth for na­tional econom­ies. In this con­text, in­nov­at­ive start-ups which link tech­no­logy and economy are often con­sidered to be most sig­ni­fic­ant. En­rich­ing our un­der­stand­ing of the sources of new busi­ness ideas can be help­ful in edu­cat­ing stu­dents who are in­ter­ested in start­ing their own busi­nesses, in im­prov­ing pub­lic-sector meas­ures to pro­mote new start-ups, and in sus­tain­ably in­creas­ing the chances of growth and prosper­ity for start-ups and spin-offs. This re­search can thus make a sig­ni­fic­ant con­tri­bu­tion to Aus­tria's ab­il­ity to com­pete in in­ter­na­tional mar­kets.

User In­nov­a­tion Re­search Ini­ti­at­ive

Ful­bright Hall Chair


Se­lec­ted Re­search Pa­pers