Fulfilment of the Innovation Potential of Large Businesses: Identifying the Critical Factors
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F18%3APU130432" target="_blank" >RIV/00216305:26510/18:PU130432 - isvavai.cz</a>
Result on the web
<a href="https://ke.uniza.sk/sites/default/files/content_files/v_part_final.pdf" target="_blank" >https://ke.uniza.sk/sites/default/files/content_files/v_part_final.pdf</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Fulfilment of the Innovation Potential of Large Businesses: Identifying the Critical Factors
Original language description
Innovation is positively recognized as a source of wellbeing, economic growth and long-term success of a firm. It is not question, whether, but how to innovate especially in the terms of globalization, Industry 4.0 and new trends in the environment. Different factors have impact on the corporate innovation activities. Innovation capacities are driven within the company by various aspects, such as management approach, knowledge, creativity or leadership. External factors, different innovation policies of countries, market forces, environmental changes or technological capability, play also an indisputable role. The source of innovation usually lies on the interface between the firm and its environment. Large firms are the main leaders in the innovation process based on the latest data. Specialised departments, which focus mainly on innovation, can be found in majority of them. Large firms have the advantage of various skills and specialised knowledge obtained due to their wide range of activities and human capital. The possibility of progress in employee career when their proposal is accepted or diversity of impulses to innovate gained by operation in globalized environment can have positive impact. On the other hand, large firms are not very flexible compared to small and medium- sized firms, but they have superior financial resources to invest as a result of their size. Based on the research, factors, which lead to the fulfilment of innovation potential in the large firms are discussed and evaluated in a case study.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2018
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Globalization and Its Socio-Economic Consequences
ISBN
978-80-8154-249-7
ISSN
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e-ISSN
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Number of pages
2926
Pages from-to
2015-2021
Publisher name
GEORG, Bajzova 11, 010 01 Zilina
Place of publication
Zilina
Event location
Rajecké Teplice
Event date
Oct 10, 2018
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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