International Journal on Advanced Science, Engineering and Information Technology, Vol. 8 (2018) No. 3, DOI:10.18517/ijaseit.8.3.4359

Continuous Innovation: a literature review and future perspective

Benny Lianto, M. Dachyar, Tresna Priyana Soemardi

Abstract

Continuous Innovation (CI) has become one of hot topics in innovation management field. However, studies focusing on comprehensive and detailed explanation of CI concept are still limited. This paper aims to elaborate on CI concept using three basic questions: WHAT (what is the definition of CI and what are the determining factors?), WHY (why do companies need CI?), and HOW (how can companies develop CI?). This paper’s purpose is also to contribute in giving more exhaustive understanding on CI definition, the importance of CI for companies, basic elements in determining CI capability, and various strategies for CI development. From this study, it is apparent that development strategy of CI focuses more on organizational and system approach. More collaborative approach for CI development by utilizing external resources are of urgent need, yet still scarce. In this digital and internet era which provides connectivity, companies will have big potential to work on innovation in a collaborative way. In future perspective, CI concept development should consider open innovation instead of today’s “do-it-yourself” mentality (closed innovation)

Keywords:

continuous innovation; literature review; open innovation

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