You are on page 1of 19

Holistic Innovation: An Emerging

Innovation Paradigm

Prepared by: Najia Mosharrof


ID: 20175263024
Master in Business Management

journal homepage: http://www.keaipublishing.com/en/journals/international-


journal-of-innovation-studies
Innovation

Innovation = Creativity + Delivery


3
B
I
Z
IMPORTANT CLARIFICATION
S
M
A
R
T
E
R
• Invention and Innovation have different
definitions, but for the purposes of this
presentation (and book), we are treating
them as being the same.
• In its purest sense, invention can be defined
as the creation of a product or introduction of
a process for the first time. Innovation, on
the other hand, occurs if someone improves
on or makes a significant contribution to an
existing product, process or service.
There Is One Basic Thing Wrong With
The Traditional Definition Of Innovation
Innovation applies to more than just products, services or promises.
Innovation applies to everything, incl.:
 Business Models (incl. Value Propositions)
 Value Chains and Business Ecosystems
 Market and Customer Approaches
Lead Generation Engines, Channels …
 Pricing and Cost Structure Models …
 Org Structures, HRM …
 IT Management …
Tom Peters Was Right!
6

THE #1
FEAR
Background research of this paper
Most countries rely on the traditional Western paradigm of innovation to
discuss and govern major global challenges. Although developed economies
refined their major innovation paradigms — such as the role of organized
innovation for renewing America's prosperity (Currall, Frauenheim, Perry, &
Hunter, 2014), and the strong national innovation systems in Finland and
Sweden (Acs et al., 2017) — they ignored the innovation governance
experience from emerging economies, such as China and India.
Background research(Continues)
The contribution of Asian civilizations represented by China to global
development has been gradually increasing. For example, after the global
economic crisis of 2008, China contributed to the growth and stability of the
international economy. The value of China's innovation and governance,
represented by the new “One Belt One Road” strategy and well-developed
internet-based shared economies such as Alibaba and Tencent. Regarding
China's innovation practice and its promising theoretical contribution to
international development, scholars need to refine and summarize the innovation
paradigms emerging from China relevant to promoting the scientific and
technological innovation capacity of emerging economies.
Holistic Innovation
 Holistic Innovation (HI), which is total and collaborative innovation driven by
a strategic vision in an era of strategic innovation, which aims for a
sustainable and competitive advantage. An innovative management
paradigm based on HI is called Holistic Innovation Management (HIM).
Core Elements Of HI
 The four core elements of holistic innovation, “strategic,” “total,” “open,”
and “collaborative,”
 These are inter-related with an organic integration with the helix of HI. HI is
an original innovation paradigm that conforms to the needs of firms'
technological innovation management in the strategic innovation era and
supports the implementation of the Innovation-Driven Development
Strategy. It also helps China's enterprises build global innovation leadership
and improves national innovation ability. Finally, it optimizes the innovation
policy design and action mindset to achieve global peace and sustainable
development.
In Other Words, It Is Smart To Promote:

That’s the very essence of Holistic Innovation!


WHAT IS INTELLECTUAL
INNOVATION
Rethinking and
Redefining
One’s:
• Personal
Values
• Personal
Beliefs
• Collective
Beliefs
• Personal
Mastery
• Paradigms
It is sort of an Enlightenment • Mental Models
process! • Culture
• Experiences
It is about Reinventing one’s Self --- finding the
and Lessons
Higher Self and with it finding a Higher
Learned 5
Purpose! 0
THE PROBLEM: OUR EDUCATION SYSTEM DOES
NOT PROMOTE THIS TYPE OF THINKING & SKILLS
Main Idea of this paper

 This paper systematically reviews the current typical innovation paradigms


worldwide and their shortcomings. Based on Eastern wisdom and best
innovation practices, this paper introduces a new paradigm of innovation,
Holistic Innovation(HI).
 This article has the following three main contributions:
1st Contribution

 First, based on a systematic review of the evolution of innovation paradigms


and from the perspective of paradigm shifts, this paper proposes the unique
and innovative HI paradigm in light of the existing paradigm deficiencies.
 This new paradigm is rooted in the national situation of China's development.
 This paradigm is a complex helix of strategic innovation, collaborative
innovation, total innovation, and open innovation.
 HI optimizes and promotes China's enterprises to build global innovation
leadership, which will help boost the country's ability to innovate in science
and technology.
2nd Contribution

 The HI paradigm emphasizes the importance of strategy driven, top-level


design and a long-term development orientation in the process of
innovation, emphasizing the importance of a global, integrated, and
peaceful perspective on the innovation pattern.
 It emphasizes the relationship between the Eastern culture and the role of
the Chinese context.
 This innovation theory has important practical value for understanding the
innovative practices of China's major scientific and technological fields.
 And it maximizes their innovation performance.
3rd Contribution

 HI provides enterprises with a systematic and holistic view of combining


strategic management, organizational design, cultural construction, and
industrial trends, and realizes the divergent thinking of engineering and
social science in the natural sciences.
 As for the policy aspect, the HI paradigm provides an innovative policy
design perspective based on the global and integrated views.
Innovation policy

 Innovation policy should not be limited to science and technology.


 Science and technology, education, economy, culture, people's livelihood,
and ecology should be combined to create synergy to promote total and
collaborative innovation driven by strategic design.
 Only in this way can China realize the national, industrial, and enterprise
innovation strategies. We can then systematically upgrade the national
and regional innovation system and technology transfer system to provide
the nation with assistance in major technological fields, strategic industries,
and empower Chinese enterprises to win the advantages of global
innovation and leadership.
FINAL KEY MESSAGE

You might also like