Publication on Trends Shaping Nordic Innovation
‘The Next Big Thing’ is on the recommended reading list of the Nordic Council of Ministers. It is published by Køb publication. Hardback copies can be purchased for 230 DKK from the Norden website where the electronic version can be downloaded for free.
This book is aimed at people interested in or working on innovation, economic development, globalization and climate change. It looks at how these issues impact companies and industries operating in national or in international settings. It is relevant reading for industry branch organisations, company managers, policy makers, public policy professionals as well as for graduates and undergraduates that study management, innovation, entrepreneurship, globalization and climate change. The table of contents is:
• Future Global Trends
• New and Emerging Models of Globalisation
• Leverage of Innovation Hot-Spots
• Services and Innovation
• Supporting Open Innovation
• Innovation Indicators
• The Value Chain as the Innovation System
• Encouraging Entrepreneurship
• Special Focus: Climate Change
The book argues that innovation needs to measured and managed, that it needs to be developed as a serious management discipline in order to deliver on the future expectations of investors and stakeholders. It stresses that research is not the same as innovation and that we need to distinguish between scientific disciplines and disciplines that apply the 'scientific method' in order to develop better innovation policies and innovation management techniques. It makes the point that innovation happens in the supply chains and value chains of organisations, that value chains should be the focus of research about innovation systems.
The final chapter focuses on climate change. It notes that the Nordic region has a strong position within some of new and emerging energy and environment related industries. Yet, in order to keep that position and to stay in the global vanguard of clean technologies and climate solutions it might be necessary for the Nordic countries to experiment with what the authors call ‘forced innovation’, innovation that ‘must’ happen and that is effectively ‘forced’ by mechanisms that include public procurement policies, new legislation, international climate treaties as well as supply chain dynamics of major distributors and producers.
The climate chapter consists of the following sections:
• The challenge and what is at stake
• Climate and energy
• The role of cities
• Land-use, food, agriculture and forestry
• Water, fisheries and the marine environment
• Other sectors
• The specific challenge of climate-related innovation