Innovative Activity and its Sources of Uncertainty: A Comprehensive Taxonomy
The only certainty in innovation is uncertainty. The prevalence of heterogeneous unknowns, the novelty, non-standard, complex, multivariable, and interdependent character make innovation a reasoned process under uncertainty. When the adverse effects of this process are described, it is often done by...
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Unidad Editorial UPTC
2024
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| author | Ramírez Rodríguez, Liliana Rivera González, Gibrán |
| author_facet | Ramírez Rodríguez, Liliana Rivera González, Gibrán |
| author_sort | Ramírez Rodríguez, Liliana |
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| description | The only certainty in innovation is uncertainty. The prevalence of heterogeneous unknowns, the novelty, non-standard, complex, multivariable, and interdependent character make innovation a reasoned process under uncertainty. When the adverse effects of this process are described, it is often done by referring to the terms risk and uncertainty interchangeably, given the diffuse boundary between the two. However, this confusion can lead to making poor quality decisions by assuming that they are familiar with important variables that arise from the innovation when in fact they are not. Given this theoretical and empirical disparity and ambiguity detected, this work develops an analysis of the concept of uncertainty, identifies its key characteristics and offers a taxonomy of the sources that originate it in the context of innovation. Through a mixed literature review analysis, an uncertainty proposition is presented that integrates perception, cognition processes, cognitive limitations, the information and/or knowledge gap, quality, and its accessibility, as well as inference and the construction of subjective models that give meaning to the situations experienced. In addition, the results provide the identification of five key characteristics and nine sources of uncertainty: 1) Political - Economic, 2) Sociocultural - Socioenvironmental, 3) Market, 4) Cooperation, collaboration, and co-innovation relations, 5) Technical - Technological, 6) Financial Capital, 7) Human intellectual capital, 8) Corporate governance - Operational interdependencies and 9) Commercial.
JEL Codes: O30, O31
Received: 26/09/2023. Accepted: 14/04/2024. Published: 18/05/2024. |
| format | Online |
| id | oai:oai.revistas.uptc.edu.co:article-16596 |
| institution | Revista Inquietud Empresarial |
| language | spa |
| publishDate | 2024 |
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| spelling | oai:oai.revistas.uptc.edu.co:article-165962024-06-13T23:18:11Z Innovative Activity and its Sources of Uncertainty: A Comprehensive Taxonomy La actividad innovadora y sus fuentes de incertidumbre: una taxonomía integral Ramírez Rodríguez, Liliana Rivera González, Gibrán innovation uncertainty perception knowledge innovación incertidumbre percepción conocimiento The only certainty in innovation is uncertainty. The prevalence of heterogeneous unknowns, the novelty, non-standard, complex, multivariable, and interdependent character make innovation a reasoned process under uncertainty. When the adverse effects of this process are described, it is often done by referring to the terms risk and uncertainty interchangeably, given the diffuse boundary between the two. However, this confusion can lead to making poor quality decisions by assuming that they are familiar with important variables that arise from the innovation when in fact they are not. Given this theoretical and empirical disparity and ambiguity detected, this work develops an analysis of the concept of uncertainty, identifies its key characteristics and offers a taxonomy of the sources that originate it in the context of innovation. Through a mixed literature review analysis, an uncertainty proposition is presented that integrates perception, cognition processes, cognitive limitations, the information and/or knowledge gap, quality, and its accessibility, as well as inference and the construction of subjective models that give meaning to the situations experienced. In addition, the results provide the identification of five key characteristics and nine sources of uncertainty: 1) Political - Economic, 2) Sociocultural - Socioenvironmental, 3) Market, 4) Cooperation, collaboration, and co-innovation relations, 5) Technical - Technological, 6) Financial Capital, 7) Human intellectual capital, 8) Corporate governance - Operational interdependencies and 9) Commercial. JEL Codes: O30, O31 Received: 26/09/2023. Accepted: 14/04/2024. Published: 18/05/2024. La única certeza en la innovación es la incertidumbre. La prevalencia de incógnitas heterogéneas, el carácter novedoso, no estándar, complejo, multivariable e interdependiente hace de la innovación un proceso razonado bajo incertidumbre. Cuando se describen los efectos adversos de este proceso, con frecuencia se hace refiriéndose a los términos riesgo e incertidumbre indistintamente dado el límite difuso entre ambos. Sin embargo, esta confusión puede llevar a tomar decisiones con deficiente calidad al suponer que se conocen con claridad variables importantes que afectan la innovación cuando en realidad no es así. Ante esta disparidad y ambigüedad teórica y empírica detectada, este trabajo desarrolla un análisis del concepto de incertidumbre, identifica sus características clave y ofrece una taxonomía de las fuentes que la originan en el contexto de la innovación. A través de un análisis de revisión de literatura mixta se presenta una proposición de incertidumbre que integra la percepción, los procesos de cognición, las limitaciones cognitivas, la brecha de información o conocimiento, la calidad y su accesibilidad, así como la inferencia y la construcción de modelos subjetivos que dan sentido a las situaciones experimentadas. Además, los resultados aportan la identificación de cinco características clave y nueve fuentes de incertidumbre: 1) Política - económica, 2) Sociocultural – socioambiental, 3) Mercado, 4) Relaciones de cooperación, colaboración y coinnovación, 5) Técnico – tecnológico, 6) Capital financiero, 7) Capital intelectual humano, 8) Gobierno corporativo - Interdependencias operativas y 9) Comercial. Códigos JEL: O30, O31 Recibido: 26/09/2023. Aceptado: 14/04/2024. Publicado: 18/05/2024 Unidad Editorial UPTC 2024-05-18 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf https://revistas.uptc.edu.co/index.php/inquietud_empresarial/article/view/16596 10.19053/uptc.01211048.16596 Inquietud Empresarial; Vol. 24 No. 1 (2024): Inquietud Empresarial 24(1) Enero-Junio: Special Issue on: "Organizational Studies in Innovation and Sustainability. The New Challenges in a Post Covid Era".; 1-17 Inquietud Empresarial; Vol. 24 Núm. 1 (2024): Inquietud Empresarial 24(1) Enero-Junio: Special Issue on: "Organizational Studies in Innovation and Sustainability. The New Challenges in a Post Covid Era".; 1-17 0121-1048 spa https://revistas.uptc.edu.co/index.php/inquietud_empresarial/article/view/16596/14064 Derechos de autor 2024 Liliana Ramírez Rodríguez, Gibrán Rivera González https://creativecommons.org/licenses/by-nc-nd/4.0/ |
| spellingShingle | innovation uncertainty perception knowledge innovación incertidumbre percepción conocimiento Ramírez Rodríguez, Liliana Rivera González, Gibrán Innovative Activity and its Sources of Uncertainty: A Comprehensive Taxonomy |
| title | Innovative Activity and its Sources of Uncertainty: A Comprehensive Taxonomy |
| title_alt | La actividad innovadora y sus fuentes de incertidumbre: una taxonomía integral |
| title_full | Innovative Activity and its Sources of Uncertainty: A Comprehensive Taxonomy |
| title_fullStr | Innovative Activity and its Sources of Uncertainty: A Comprehensive Taxonomy |
| title_full_unstemmed | Innovative Activity and its Sources of Uncertainty: A Comprehensive Taxonomy |
| title_short | Innovative Activity and its Sources of Uncertainty: A Comprehensive Taxonomy |
| title_sort | innovative activity and its sources of uncertainty a comprehensive taxonomy |
| topic | innovation uncertainty perception knowledge innovación incertidumbre percepción conocimiento |
| topic_facet | innovation uncertainty perception knowledge innovación incertidumbre percepción conocimiento |
| url | https://revistas.uptc.edu.co/index.php/inquietud_empresarial/article/view/16596 |
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