INNOVATIVENESS – THE MODELS OF INNOVATION PROCESSES. THE CONCEPT OF THE DEMAND-BASED APPROACH TO THE MECHANISMS OF INNOVATION
DOI:
https://doi.org/10.58246/sjeconomics.v27i4.102Abstract
The aim of the paper is to discuss the basics of the demand-based approach in the process of creating innovations. The evolution of the model of the innovation process is presented from the linear to the non-linear categories, simultaneously emphasizing the importance and the essence of feedback in the process of creating innovations.
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