Creativity in Business and Innovative Organizations

Abstract

The contributions of business and innovative organizations have made their influence felt in the history of commercial enterprise. From Henry Ford of Ford Motors and Bill Gates of Microsoft to Sim Wong Hoo of Creative Technology, creativity has been the lifeblood of commercial culture. Such organizations may take numerous forms – private or public, commercial or non-commercial, corporate or non-corporate – but, to a great degree, their lifeblood must be seen to be creativity in some form. This paper examines the phenomenon of creativity in business and innovative organizations and looks at the implications for industry–education cooperation. In the latter context the author examines some successful firms in Singapore, whose creative ideas have worked, and analyses the ways in which higher education in Singapore is responding to the need to encourage entrepreneurship and creativity within business organizations.