ABSTRACT

This chapter presents the building blocks of innovation management from a micro to macro level, explaining how innovation management has grown through incorporating a wide set of theoretical frameworks. Our voyage through the fundamentals of innovation management begins with the individual-level micro foundations; passes through firm-level knowledge and learning processes; and ends with systems of innovation on a national, regional, technological, and sectoral scale. We discuss how innovation management has used these building blocks and identify ideas that could be better implemented in innovation research and practice, such as the cyclic nature of the innovation process and the reuse of knowledge and innovation on all levels. We conclude by considering these issues in the recent studies of innovation ecosystems.