Regeneration. Regeneration reflects an organization’s ability to learn from earlier
experience and to use that experience to create innovations and develop their operations.
Regeneration reflects an organization’s ability to learn from earlier experience and to use
that experience to create innovations and develop their operations. Organizations need to
be tolerant of the mistakes that will occur and allow for recovery and learning from
failures (Wan et al., 2005; Lawson and Samson, 2001) to achieve higher innovation
capability. It has been suggested that important issues for innovation are the belief that
innovation is important, willingness to take risks, and willingness to exchange ideas
(Wan et al., 2005). In addition, mutual trust and respect create an atmosphere that
encourages individuals to try new ideas without fear of failure and its consequences
(Lampikoski and Emden, 1999; Wan et al., 2005).