The relationship between innovation and entrepreneurship : easy definition, hard policy

Hindle, Kevin 2009, The relationship between innovation and entrepreneurship : easy definition, hard policy, in AGSE 2009 : Regional Frontiers of Entrepreneurship Research 2009, Swinburne University of Technology, Melbourne, Vic., pp. 75-91.

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Title The relationship between innovation and entrepreneurship : easy definition, hard policy
Author(s) Hindle, Kevin
Conference name Australian Graduate School of Entrepreneurship International Entrepreneurship Research Exchange (6th : 2009 : Adelaide, South Australia)
Conference location Adelaide, South Australia
Conference dates 3-6 Feb. 2009
Title of proceedings AGSE 2009 : Regional Frontiers of Entrepreneurship Research 2009
Editor(s) Gillin, L. M.
Publication date 2009
Conference series Australian Graduate School of Entrepreneurship International Entrepreneurship Research Exchange Conference
Start page 75
End page 91
Publisher Swinburne University of Technology
Place of publication Melbourne, Vic.
Keyword(s) innovation
inventive process
entrepreneurial process
Summary The paper argues that innovation is the combination of an inventive process and an entrepreneurial process to create new economic value for defined stakeholders and focuses on the policy implications of this duality. Attention is concentrated on summarising the entrepreneurial process and its importance to innovation policy and avoids any detailed elaboration of the invention process. A very brief overview of the invention process is followed by a moderately detailed summary of Hindle's (2008) model of entrepreneurial process. With an understanding and formal articulation of entrepreneurial process it becomes possible to focus on the key issues that ought to inform the development of innovation policy. These key issues are discussed and the paper concludes where it began by emphasising the need to build innovation policy on the explicit recognition that innovation results from the blending of two processes, invention and entrepreneurship, and that viable innovation policy can never be created unless entrepreneurial process is properly understood and addressed.
Language eng
Field of Research 150304 Entrepreneurship
150307 Innovation and Technology Management
Socio Economic Objective 910499 Management and Productivity not elsewhere classified
HERDC Research category E1.1 Full written paper - refereed
Persistent URL http://hdl.handle.net/10536/DRO/DU:30022243

Document type: Conference Paper
Collection: School of Management and Marketing
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