Performance Measurement Of Innovation
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F13%3A43870715" target="_blank" >RIV/70883521:28120/13:43870715 - isvavai.cz</a>
Result on the web
<a href="http://www.ufu.utb.cz/sbornik/proceedings2013.pdf" target="_blank" >http://www.ufu.utb.cz/sbornik/proceedings2013.pdf</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Performance Measurement Of Innovation
Original language description
Innovation is a main element for securing competitive advantage and creation of potential for differentiation. It can generate welfare of nations and contribute to the sustainable growth of companies. This work is searching a methodology that could be used by small and medium size companies to measure the performance of organisation and management of innovation. Four areas of performance measurement have been found to be effective as a part of the methodology: (1) Create and implement an innovation strategy. The measurement involves the effectiveness of the organization processes. (2) Establish a culture that emphasizes on communication top down of the company plan and the innovation goals. Measure the understanding and comprehension by employees. (3)Combine inhouse R&D with open sources. Meaures the intensity of using external sources. (4) Monitor and manage the innovation cycles. Incremental and radical innovation activities have to alternate in an intentional way.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AE - Management, administration and clerical work
OECD FORD branch
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Result continuities
Project
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Continuities
V - Vyzkumna aktivita podporovana z jinych verejnych zdroju
Others
Publication year
2013
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Proceedings of the 6th International Scientific Conference Finance and the performance of firms in science, education, and practice
ISBN
978-80-7454-246-6
ISSN
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e-ISSN
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Number of pages
12
Pages from-to
243-254
Publisher name
Univerzita Tomáše Bati ve Zlíně, Fakulta managementu a ekonomiky
Place of publication
Zlín
Event location
Zlín
Event date
Apr 25, 2013
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000329435800020