Finding the right problems to solve: value creation unpacked

Autor: Bruce Heiman, Pia Hurmelinna-Laukkanen
Rok vydání: 2012
Předmět:
Zdroj: Baltic Journal of Management. 7:238-250
ISSN: 1746-5265
DOI: 10.1108/17465261211245436
Popis: Purpose – The current innovation environment is characterized by complexity, networking and internationalization and calls for managerial approaches that not only foster value‐capture activities, but acknowledge value creation as equally important. The purpose of this study is to clarify and define in more useful conceptual detail the nature of value creation, an area within the Knowledge Management field that has not received as much research scrutiny as it warrants. The authors' main contribution in unpacking a logic of problem finding is to expand understanding of how organizations choose valuable problems on which to work.Design/methodology/approach – The research findings are based on a literature review. In particular, the paper aims to increase understanding of value creation in innovation by critically examining and augmenting the problem‐finding/problem‐solving (PF/PS) perspective.Findings – Based on the PF/PS approach, the paper proposes a managerial cognitive frame that shows the challenges fac...
Databáze: OpenAIRE