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Performance Measurement of Innovation

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dc.title Performance Measurement of Innovation en
dc.contributor.author Gericke, Markus Herman
dc.relation.ispartof Finance and the Performance of Firms in Science, Education and Practice 2013
dc.identifier.isbn 978-80-7454-246-6
dc.date.issued 2013
dc.citation.spage 243
dc.citation.epage 254
dc.event.title 6th International Scientific Conference on Finance and the Performance of Firms in Science, Education, and Practice
dc.event.location Zlín
utb.event.state-en Czech Republic
utb.event.state-cs Česká republika
dc.event.sdate 2013-04-25
dc.event.edate 2013-04-26
dc.type conferenceObject
dc.language.iso en
dc.publisher Univerzita Tomáše Bati ve Zlíně (UTB) cs
dc.publisher Tomas Bata University in Zlín en
dc.relation.uri http://www.ufu.utb.cz/sbornik/proceedings2013.pdf
dc.subject innovation strategy en
dc.subject incremental innovation en
dc.subject radical innovation en
dc.subject performance measurement en
dc.subject innovation efficiency en
dc.subject corporate internal communication en
dc.subject open innovation en
dc.subject innovation cycle en
dc.description.abstract 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. en
utb.faculty Faculty of Management and Economics
dc.identifier.uri http://hdl.handle.net/10563/1003657
utb.identifier.obdid 43871033
utb.identifier.wok 000329435800020
utb.source d-wok
dc.date.accessioned 2014-02-12T16:15:59Z
dc.date.available 2014-02-12T16:15:59Z
utb.identifier.utb-sysno 57048
utb.contributor.internalauthor Gericke, Markus Herman
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