This paper, "Innovation Health – a Conceptualization & Investigation", summarizes key arguments in Glassér (2010 forthcoming), it addresses the convergence between several strings of currently emerging inter-disciplinary research, in the quest for a better understanding of the co-dependency and co-evolution of the human being and her ability to innovate and provide products and services through competitive and long term sustainable firms. The introduction and development of the concepts "Innovation Health" and "Systems of Innovation Health" aims at capturing emerging interdisciplinary understanding of Early Childhood Developmental Health and human life-spanning developmental conditions, to the extent that they are relevant for economic change, knowledge- and innovation related theory and research. Stein's effort in the early 20th century to create a new philosophy of the humanities and a model of the human being is revisited. Her ontology of ass ociation, community and the human individual is introduced in the context of organizational economics, knowledge and innovation based theories. Her philosophy and "emergentis" ontology is applied as the theoretical framework of Innovation Health.