Stakeholder Integration Champions and Innovation in the Built Environment
A stakeholder approach to innovation is concerned with people and organisations that make innovation emerge and with the views of all those who are affected. Because value is a perception developed among internal and external stakeholders, not an objective feature of an innovation, the key question...
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Format: | Buchkapitel |
Sprache: | eng |
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Zusammenfassung: | A stakeholder approach to innovation is concerned with people and organisations that make innovation emerge and with the views of all those who are affected. Because value is a perception developed among internal and external stakeholders, not an objective feature of an innovation, the key question is ‘who’ rather than ‘what’ creates value. Who perceives the value created by innovation? And who participates in creating the conditions in which this value is developed and perceived? Abundant attention has been paid to the value perceived by the construction industry, but there has been significantly less interest in the value perceived by external stakeholders – those who are not traditionally considered as residing inside the construction sector. Based on data from a large number of case studies, the role of different stakeholders in the process of value creation is analysed empirically. |
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DOI: | 10.1002/9781118655689.ch4 |