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date: 23 January 2021

Abstract and Keywords

This article examines the concept of brokerage models of innovation. It discusses the principles of brokerage theories and explains that while traditional models of innovation focus on the generation of novel solutions, brokerage theories focus on how managers recognize and recombine existing resources. Brokerage models of innovation also highlight how organizations are embedded within larger field landscapes and how managerial strategies, structures, and actions aimed at innovation will be enabled or constrained by the institutional dynamics unfolding at these larger levels. This article also highlights the innovation lessons from Thomas Edison, Elmer Sperry, and Design Continuum.

Keywords: innovation, brokerage theories, managerial strategies, managerial structures, institutional dynamics, Thomas Edison, Elmer Sperry, Design Continuum

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