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      Pluto Journals
      corporate innovation, management, R&D, marketing, clustering


            Corporate innovation has not been well studied in Australia. The present study examined the extent and type of innovation in companies listed on the Western Australian Stock Exchange and it identified the high and low innovators by calculating an Innovation Score for each of the 184 companies in the sample. Factors which influence the level of corporate innovation were also determined. Companies with high levels of innovation were found to involve company employees in the innovative process. As in America, venture teams, product champions and creative geniuses impacted on innovative capacity. The input of customers is also a valuable source of ideas for innovation. Management of high innovating companies were committed to innovation, tolerant of risk taking and encouraged autonomous behaviour in their employees. However, successful corporate innovators did not give up formal control. Rules and procedures were also important.


            Author and article information

            Critical Studies in Innovation
            Pluto Journals
            December 1993
            : 11
            : 2
            : 200-218
            8629354 Prometheus, Vol. 11, No. 2, 1993: pp. 200–218
            Copyright Taylor & Francis Group, LLC

            All content is freely available without charge to users or their institutions. Users are allowed to read, download, copy, distribute, print, search, or link to the full texts of the articles in this journal without asking prior permission of the publisher or the author. Articles published in the journal are distributed under a http://creativecommons.org/licenses/by/4.0/.

            Page count
            Figures: 0, Tables: 0, References: 31, Pages: 19
            Original Articles

            Computer science,Arts,Social & Behavioral Sciences,Law,History,Economics
            corporate innovation,management,clustering,R&D,marketing


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