Evolutions and Implications of Enterprise Innovation Models over the Past Century
The prevailing innovation paradigm of an era is shaped by the concurrent advancement of new technologies and the impetus derived from economic and societal transformations.During the first Industrial Revolution,innovation primarily emanated from inventors.In the second Industrial Revolution,characterized by laboratory-based innovation,this model assumed a more organizational structured form.The third Industrial Revolution heralded the age of open innovation and internet-driven creativity,with Silicon Valley taking the lead.Presently,with the advent of the fourth Industrial Revolution,we are entering the era of internet digital innovation.Throughout his-tory,there have been winners and losers.Only by aligning with the currents of change can an enterprise aspire to endure and evolve into a centennial stalwart.
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