Open Innovation: A Multifaceted Perspective (In 2 Parts), Edited by: Anne-Laure Mention (Luxembourg Institute of Science and Technology, Luxembourg), Marko Torkkeli (Lappeenranta University of Technology, Finland)
The purpose of this chapter is to present a new concept of sustainable innovation and offer analy... more The purpose of this chapter is to present a new concept of sustainable innovation and offer analysis and constructive ideas regarding the relevance of innovation for solving wicked problems. The drivers of innovation are changing. As a result innovation policies and processes all over the world need new approaches to tap into the undiscovered innovation potential. By reviewing the literature and examples from today's innovative practices and policies we explore the transition of the concept of innovation from technological and economically measured innovation towards sustainable innovation. The concept is defined by impact orientation and systemic and inclusive approach. Sustainable innovation means innovation that balances the long-term influences of the process and the output with the needs of people, societies, the economy and the environment. In addition, sustainable innovation democratizes innovation as it aims at including all people.
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