How to Learn from Failure. Organizational Creativity, Learning, Innovation and the Benefit of Failure

Abstract

There are many aspects of failure that could be of value to the organization performance. Failures are results that do not confirm previous expectations and show where and how organizations were unable to cope with the external environment. Failure appears to be relevant in driving innovative activity, as it operates as a supplementary element to build the organizational knowledge. The impact of failure on innovative activity might have positive implications, especially once they are considered within a dynamic rather than a static framework.

Keywords: Organizational Learning, Failure, Strategy