Abstract
This article proposes to understand the concept of “innovation” as an eclectic concept whose different meaning vary according to contextual and organizational factors. The definition of “innovation” is studied from websites of 22 Canadian nanotechnological enterprises. The adopted epistemological position is qualitative interpretative, and the reasoning method is inductive which allowed the emergence of new dimension of the concept of innovation. In that way, the results presented in this research contribute to the extension of existing knowledge on strategy and innovation. The interpretative analysis reveals four meanings of innovation: innovation as market domination strategy, innovation as a creative process and innovation as a value of commitment. Additionally, we suggest that Canadian nanotechnology enterprises focus on innovation strategies based on the development of nanomaterials more than on the development of finished products. Our discussion is built around the multidimensional nature of the concept of innovation and the challenges regarding the transferability of this results on other sectors.
Published Version
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