Are you innovative enough?
by Anders Drejer
International Journal of Innovation and Learning (IJIL), Vol. 5, No. 1, 2008

Abstract: Many countries have been influenced by Corporate Governance for very good reasons. But there seems to be a downside to this. For instance, Denmark currently has a larger number of entrepreneurs per capita than the USA. However, at the same time, the net growth from start-ups is close to zero. This indicates that too few start-ups survive and prosper in the long run. Also, the overall hit rate of Danish innovation projects has been measured to be as low as 6%–7%. This serves to illustrate the need for working systematically with innovative competence and management, perhaps even the need to supplement Corporate Governance with a form of Innovation Governance.

Online publication date: Sun, 02-Dec-2007

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