Power and culture in human-centric innovation ecosystems

Abstract

This paper reviews and analyses the role of power and culture management theories on the implementation of human-centric innovation ecosystems in organizations and corporations from an institutional aspect. The practical aspects and characteristics of management theories paradigms are discussed, for highlighting the development of specific-based strategies that an organization adapts in order to harness the right kind of talent or human capital to foster and support innovation ecosystems. The relevant literature findings are organized in three sections, namely the evolution of management theories paradigms leading to the development of innovation management theory, the role of organizational power and culture in the fostering an innovation-based system and environment internally, and to a greater extent, the impact of this power and culture on the development of human-centric innovation ecosystems. The findings reveal that rather than focusing on the technological and financial aspects of innovation ecosystems, power and culture within the organizational context essentially contributes to the extent to which innovation is properly supported and implemented, the changing dynamics involved and actors in those ecosystems. It is, therefore, important to choose the culture of the entrepreneurial model methodology, best practices and techniques and approaches in order to influence ecosystems found in organizations within the domain of management theory.