Study on the Influence of Drucker’s Thinking on Some Conceptualizations/Theories on the Role of Innovation in Firm Performance

Ionela Beatrice Ipsalat – University „Stefan cel Mare” of Suceava, Str. Universitatii 13, Suceava 720229, Suceava, Romania

Abstract: From an economic and social perspective, by innovation we mean bringing an element of novelty to technologies, modes of production, organization, or any other aspect by which an organized group of people or an individual contributes to social progress. From a historical perspective, social groups have always had recourse to improving how they have earned their living and have therefore had recourse to innovations of various kinds. In fact, it can be argued that the main determinant of innovation has been the need to address different categories of social needs. Peter F. Drucker has been referred to in the literature as the father of modern management, in the sense that his thinking has influenced dozens of aspects of theory and practice regarding the organization and performance of firms. Of the many ways in which Drucker’s thinking has influenced management theory over the last half century, this study examines only the influence of his ideas on the role of technical and social innovation on human progress.

8th International Scientific Conference – EMAN 2024 – Economics and Management: How to Cope With Disrupted Times, Rome, Italy, March 21, 2024, CONFERENCE PROCEEDINGS, published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia; ISBN 978-86-80194-83-7, ISSN 2683-4510, DOI: https://doi.org/10.31410/EMAN.2024

Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission. 

REFERENCES

Burciu, A. (1999). MBO&Ciclul afacerilor, Economica.

Burciu, A., & Prelipcean, G., Bostan, I., et al. (2008). Introducere în management. Economica.

Chesbrough, H. (2003). Open Innovations The New Imperative for Creating and Profiting from Technology. USA: Harvard Business School Press.

Chesbrough, H. (2007). ‘Business model innovations: it’s not just about technology anymore’, Strategy Leadersh, 35(6). https://doi.org/10.1108/10878570710833714 

Chesbrough, H., & Rosenbloom, R. S. (2002). ‘The role of the business model in capturing val­ue from innovation: evidence from Xerox Corporation’s technology spin-off companies’, Ind. Corp. Chang, 11(3), 529–555. https://doi.org/10.1093/icc/11.3.529 

Christensen, C. (1997). The Inovator’s Dilema When New Technologies Cause Great Firms to Fail. Boston: Harvard Business Press.

Crossan, M. M., & Apaydin, M. (2010). ‘A multi‐dimensional framework of organizational in­novation: a systematic review of the literature’, Journal of Management Studies, 47(6), 1154–1191. https://doi.org/10.1111/j.1467-6486.2009.00880.x

Drucker, P. (1993). Innovation and Entrepreneurship. New York: Harper Colins Publisher.

Drucker, P. (1998). Peter Drucker on the Profession of Management. Harvard Business School Press.

Drucker, P. (2001). Management strategic. Bucuresti: Teora.

Drucker, P. (2004). The Daily Drucker – 366 Days of Insight and Motivation for Getting the Right Things Done. USA: Harper Colins Publisher.

Drucker, P. (2010). The Essential Drucker. Selection from the Management Works of Peter F. Drucker. Bucuresti: Publisher Elsevier Ltd.

The Drucker Foundation. (1997). The Organization of the Future. San Francisco: Jossey-Bass.

Landes, D. S. (2013). The Wealth and Poverty of Nations. Why Some Are So Rich and Some So Poor. New York: Norton&Company.

LaPier, T. (1998). Competition growth strategies and the globalization of services. Londra: Routledge.

Mongeon, P., & Paul-Hus, A. (2016). ‘The journal coverage of Web of Science and Scopus: a com­parative analysis’, Scientometrics, 106, 213–228. https://doi.org/10.1007/s11192-015-1765-5 

Schumpeter, J. (1939). Business Cycles A Theoretical, Historical and Statistical Analysis of the Capitalism Process. Londra: McGraw-Hill Book Company.

Schumpeter, J. (1942). Can capitalism survive? Creative distruction in the future global econ­omy. Harper&Row.

Sudolska, A. (2016). ‘Social innovations in companies and in social economy enterprises’, Com­parative Economic Research, 19(3). https://doi.org/10.1515/cer-2016-0026 

Van Eck, N., & Waltmar, L. (2010). ‘Software survey: VOSviewer, a computer program for biblio­metric mapping’, Scientometrics, 82(2), 523–538. https://doi.org/10.1007/s11192-009-0146-3 

Van Eck, N., & Waltmar, L. (2011). ‘Text mining and visualization using VOSviewer’, arXiv preprint arXiv:1109.2058. https://doi.org/10.48550/arXiv.1109.2058 

Van Eck, N., & Waltmar, L. (2014). ‘Visualizing bibliometric networks’, Measuring scholar­ly impact: Methods and practice. Charm: Springer International Publishing, 285–320. https://doi.org/10.1007/978-3-319-10377-8_13