Innovation is recognized today as a key component of businesses’ competitive advantage. Innovation ecosystems seem capable of generating more value than a single organization, thanks to their greater agility and resilience. What’s more, digital processing and broader collaboration are poised to make innovation even more effective. Connected objects and other digital entities are becoming enmeshed in collaboration mechanisms, forcing us to rethink a number of theories (proximity, open innovation, networks).
Dr. Catherine Beaudry, Canada Research Chair in Management and Economics of Innovation, plans to create multilevel analytical models (organizations-ecosystem-society) and a variety of indicators. The work being done by Beaudry and her research team will help focus governance and specific public policies on our innovation ecosystems.