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Innovation, Innovation, Innovation

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From Imagination to Innovation

Abstract

All businesses have a product or service to offer to consumers that would make their quality of life better. If that product or service is unique and makes an almost unexpected contribution to the individual’s well-being, then as the society’s quality of life enhances, the firm’s profitability increases. It was Solow (1957) who posited that the main drivers of economic growth are innovation and technical progress. More recently, researchers have commented that innovation is the leading indicator of future growth and profitability (Maddock and Viton 2008).

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References

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Authors and Affiliations

  1. Coggin College of Business, University of North Florida, Jacksonville, FL, USA

    A. Coskun Samli

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  1. A. Coskun Samli
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Correspondence to A. Coskun Samli .

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© 2011 Springer Science+Business Media, LLC

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Samli, A.C. (2011). Innovation, Innovation, Innovation. In: From Imagination to Innovation. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-0854-3_3

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