Abstract:
"
The study was conducted to analyse the contribution of inspiration and perspiration on
the innovation process of four technology firms in the Sri Lankan IT sector. The study
is based on exclusively gathered qualitative information obtained through semi structured interviews from the managerial and operational level employees of the
selected firms. The study is strengthenedthrough the use of secondary data which were
obtained from academic sources, and concentrating on peer-reviewed journal articles.
The study findings articulated through the objectives showed; that the technology
firms believe in the equal contribution of both inspiration and perspiration. Although
there some instances in which tight deadlines, the product attributes may propel to
consider either the inspiration or perspiration on a much higherscale. Although the
companies do tend to appreciate the equal proportion of contribution frominspiration
and perspiration – it showed that the interest or the acknowledgement for perspiration
is low, compared to inspiration. Hence the main suggestion was to define a structured
and detailed timeline, with specific tasks donated – when considering a new
innovative product. The discipline, work ethic and the actual follow up of the tasks
are more important in terms of successful – commercially viable innovation"
