måndag 13 oktober 2014

INNOVATION - A definition by Regis Cabral



Given a general cost function, which is not only monetary but also may describe emotional, social, political, relational or any other types of costs, Innovation for a particular network is a new element introduced in the network which reduces, even if momentarily, the costs of transactions between at least two actors, elements or nodes, in the network.


Alternatively

Given a general value function, which is not only monetary but also may describe emotional, social, political, relational or any other types of values, Innovation for a particular network is a new element introduced in the network which increases, even if momentarily, the value of transactions between at least two actors, elements or nodes, in the network.

Cabral, R. (1998). "Refining the Cabral-Dahab Science Park Management Paradigm", Int. J. Technology Management, Vol. 16, pp. 813-818.

Cabral, R. (2003). "Development, Science and" in Heilbron, J. (ed.), The Oxford Companion to The History of Modern Science, Oxford University Press, New York, pp. 205-207.

Cabral, R. (2004). "The Cabral-Dahab Science Park Management Paradigm Applied to the Case of Kista, Sweden", Int. J. Technology Management, Vol. 28, pp. 419-443.

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