From vision to commercialization of a circular economy innovation

This chapter examines firm-level innovation strategy and process that overcome challenges to ensure successful circular economy (CE) innovation, from early vision to global commercialization, supported by the innovator firm’s ecosystem actors. We integrate research knowledge of innovation management...

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Wedi'i Gadw mewn:
Manylion Llyfryddiaeth
Prif Awduron: Kaipainen, Jenni, Aarikka-Stenroos, Leena
Fformat: Online
Iaith:Saesneg
Cyhoeddwyd: Edward Elgar Publishing 2022
Pynciau:
Mynediad Ar-lein:https://directory.doabooks.org/handle/20.500.12854/78308
Tagiau: Ychwanegu Tag
Dim Tagiau, Byddwch y cyntaf i dagio'r cofnod hwn!
Disgrifiad
Crynodeb:This chapter examines firm-level innovation strategy and process that overcome challenges to ensure successful circular economy (CE) innovation, from early vision to global commercialization, supported by the innovator firm’s ecosystem actors. We integrate research knowledge of innovation management and the CE, and present an illustrative case study of a radical innovation process for a renewable fuel technology occurring during years 1996-2021. Analysing multisource data with critical incident technique and ecosystem software, we map the challenges, overcoming actions, and diverse actors needed throughout the 25-year innovation process. As our contribution, we provide understanding to how firms can successfully realize sustainable CE innovating processes. This enriches the CE and innovation management literature and gives practical implications to business and technology managers innovating for sustainable business.