Five Waves of Innovation: - Tracing the evolution of innovation from industrial to knowledge society

Claus Møller Østergaard, Claus Andreas Foss Rosenstand, Frank Gertsen

Research output: Contribution to book/anthology/report/conference proceedingArticle in proceedingResearchpeer-review


Building on previous well-argued work by Jon Sundbo (1995a), on how innovation has evolved in three phases or waves since 1880, this paper’s contribution is extending the historical line, by offering arguments and explanations for two additional waves of innovation that explain the most recent developments. The paper also adds new interpretations of the previous work by Sundbo (1995a) in suggesting that the waves are triggered by societal and economic crisis. The result is a new theoretical and historical framework, proposing five waves of innovation triggered by societal and economic crises. The innovation within each wave is constituted by different drivers of innovation: Cost-driven, development-driven, market-driven, user-driven, and remains of these waves are accumulated to form the complex character of today’s network-driven innovation.
Translated title of the contributionFem innovationsbølger: -innovationens evolutionære udvikling fra industri- til videnssamfund
Original languageEnglish
Title of host publicationProceedings of the 12th European Academy of Management (EURAM) conference
Place of PublicationRotterdam School of Management, Erasmus Univrsity
PublisherUniversity of Rotterdam, Erasmus Unviersity
Publication date2012
Publication statusPublished - 2012
EventEURAM 12th Conference - Erasmus University, Rotterdam, Netherlands
Duration: 6 Jun 20129 Jun 2012


ConferenceEURAM 12th Conference
LocationErasmus University

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