GLOBALIZATION AS A RISK FACTOR FOR CREATIVITY AND INNOVATIVENESS

The innovation pressure for the German economy increases with globalization. Yet, is this also reflected in an increased innovation activity and creativity? The article at hand presents an opposing perspective: based on some statistical analyses that indeed show a decline of innovation in Germany an...

Full description

Bibliographic Details
Main Authors: Frauke Sabine Sande, Jürgen Janovsky
Format: Article
Language:English
Published: Faculty of Economics and Business in Osijek 2016-06-01
Series:Ekonomski Vjesnik
Subjects:
Online Access:http://hrcak.srce.hr/file/237445
_version_ 1797329546971709440
author Frauke Sabine Sande
Jürgen Janovsky
author_facet Frauke Sabine Sande
Jürgen Janovsky
author_sort Frauke Sabine Sande
collection DOAJ
description The innovation pressure for the German economy increases with globalization. Yet, is this also reflected in an increased innovation activity and creativity? The article at hand presents an opposing perspective: based on some statistical analyses that indeed show a decline of innovation in Germany and other developed countries during the past years, several lines of argument are presented to explain that development. Risks arising from globalization for the creativity and innovation potential of companies are identified in economic, business and psychological areas, and their possible impact on creativity and innovation is explained in detail. Furthermore, possible countermeasures are summarized.
first_indexed 2024-03-08T07:07:05Z
format Article
id doaj.art-bec50624d03f4d85b8ec6517c6a404c0
institution Directory Open Access Journal
issn 0353-359X
1847-2206
language English
last_indexed 2024-03-08T07:07:05Z
publishDate 2016-06-01
publisher Faculty of Economics and Business in Osijek
record_format Article
series Ekonomski Vjesnik
spelling doaj.art-bec50624d03f4d85b8ec6517c6a404c02024-02-03T04:31:37ZengFaculty of Economics and Business in OsijekEkonomski Vjesnik0353-359X1847-22062016-06-01291177192GLOBALIZATION AS A RISK FACTOR FOR CREATIVITY AND INNOVATIVENESSFrauke Sabine Sande0Jürgen Janovsky1Hochschule Pforzheim University, Marketing Department, Pforzheim, GermanyHochschule Pforzheim University, Marketing Department, Pforzheim, GermanyThe innovation pressure for the German economy increases with globalization. Yet, is this also reflected in an increased innovation activity and creativity? The article at hand presents an opposing perspective: based on some statistical analyses that indeed show a decline of innovation in Germany and other developed countries during the past years, several lines of argument are presented to explain that development. Risks arising from globalization for the creativity and innovation potential of companies are identified in economic, business and psychological areas, and their possible impact on creativity and innovation is explained in detail. Furthermore, possible countermeasures are summarized.http://hrcak.srce.hr/file/237445globalizationinnovationinnovation managementcreativitymedium-sized businesseseconomic structure
spellingShingle Frauke Sabine Sande
Jürgen Janovsky
GLOBALIZATION AS A RISK FACTOR FOR CREATIVITY AND INNOVATIVENESS
Ekonomski Vjesnik
globalization
innovation
innovation management
creativity
medium-sized businesses
economic structure
title GLOBALIZATION AS A RISK FACTOR FOR CREATIVITY AND INNOVATIVENESS
title_full GLOBALIZATION AS A RISK FACTOR FOR CREATIVITY AND INNOVATIVENESS
title_fullStr GLOBALIZATION AS A RISK FACTOR FOR CREATIVITY AND INNOVATIVENESS
title_full_unstemmed GLOBALIZATION AS A RISK FACTOR FOR CREATIVITY AND INNOVATIVENESS
title_short GLOBALIZATION AS A RISK FACTOR FOR CREATIVITY AND INNOVATIVENESS
title_sort globalization as a risk factor for creativity and innovativeness
topic globalization
innovation
innovation management
creativity
medium-sized businesses
economic structure
url http://hrcak.srce.hr/file/237445
work_keys_str_mv AT fraukesabinesande globalizationasariskfactorforcreativityandinnovativeness
AT jurgenjanovsky globalizationasariskfactorforcreativityandinnovativeness