Creativity and Innovation in Economics


Essay, 2016

7 Pages, Grade: 1,7


Abstract or Introduction

The following paper will analyze the positive as well as negative impacts of creativity and innovation management on organizational structures. In doing so, the necessary terminology and definitions of concepts and terms of economics and organizational creativity are introduced. Based upon this background, positive and negative arguments are delivered.

The positive argumentation will be characterized by argumentation deriving from concepts of diversity and intersections. It will be concluded that these aspects foster the mutual adjustment that generates net value. The negative arguments build upon this argumentation and point out the dangers of creative abrasion, conflict and organizational risk. The conclusion will show that, while creativity inherently entails the risk of economic inefficiency, it fosters communicative potentials within an organizational structure that can lead to an increase in value.

Details

Title
Creativity and Innovation in Economics
Course
Economics of Accounting and Finance
Grade
1,7
Author
Year
2016
Pages
7
Catalog Number
V341758
ISBN (eBook)
9783668316294
ISBN (Book)
9783668316300
File size
473 KB
Language
English
Keywords
Finance, Accounting, Economics, Creativity, Innovation
Quote paper
Jan Alexander Linxweiler (Author), 2016, Creativity and Innovation in Economics, Munich, GRIN Verlag, https://www.grin.com/document/341758

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