Measuring the Capacity of Organizations Innovation ‒ Major Process of Innovation Management

The article approaches the problem of companies’ success in today’s economic context, characterized by a generalized market with increasing competitive and client requirements. In order to stay on the market and to make profit the companies must change or improve their way of thinking, such that the...

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Main Authors: Dorin Maier, Livia Anastasiu, Roxana Sârbu, Thorsten Eidenmüller
Format: Article
Language:English
Published: Editura ASE 2015-11-01
Series:Amfiteatru Economic
Subjects:
Online Access:http://www.amfiteatrueconomic.ro/ArticolEN.aspx?CodArticol=2465
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author Dorin Maier
Livia Anastasiu
Roxana Sârbu
Thorsten Eidenmüller
author_facet Dorin Maier
Livia Anastasiu
Roxana Sârbu
Thorsten Eidenmüller
author_sort Dorin Maier
collection DOAJ
description The article approaches the problem of companies’ success in today’s economic context, characterized by a generalized market with increasing competitive and client requirements. In order to stay on the market and to make profit the companies must change or improve their way of thinking, such that they can be more adaptable to the rapid information changes. A solution to this problem is innovation, which is a complex phenomenon that needs to be understood and measured in every company. The aim of this paper is to present a measurement tool to analyse the extent of innovation. The authors have divided the complex phenomenon of innovation in seven types of innovation according to their influence in the company, for each type of innovation proposing a set of measuring indicators. To widen the extent of analysis, this paper used two research methods, namely: the expert method - using the Quality Function Deployment (QFD) that focuses on the requirements for innovation performance and on a different set of indicators to calculate the importance of each type of indicator; and the survey method ‒ using a questionnaire, a representative sample of firms to check the current extent of innovation and to offer suggestions for improving innovation management.
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publishDate 2015-11-01
publisher Editura ASE
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series Amfiteatru Economic
spelling doaj-art-abad0de3a2b54c8d8ca92c46b4f9fb612025-08-20T01:59:52ZengEditura ASEAmfiteatru Economic1582-91462247-91042015-11-0117Special Issue 911561166Measuring the Capacity of Organizations Innovation ‒ Major Process of Innovation ManagementDorin Maier0Livia Anastasiu1Roxana Sârbu 2Thorsten Eidenmüller3Technical University of Cluj-NapocaTechnical University of Cluj-NapocaBucharest University of Economic Studies, RomaniaEuropean Education Group AG, LiechtensteinThe article approaches the problem of companies’ success in today’s economic context, characterized by a generalized market with increasing competitive and client requirements. In order to stay on the market and to make profit the companies must change or improve their way of thinking, such that they can be more adaptable to the rapid information changes. A solution to this problem is innovation, which is a complex phenomenon that needs to be understood and measured in every company. The aim of this paper is to present a measurement tool to analyse the extent of innovation. The authors have divided the complex phenomenon of innovation in seven types of innovation according to their influence in the company, for each type of innovation proposing a set of measuring indicators. To widen the extent of analysis, this paper used two research methods, namely: the expert method - using the Quality Function Deployment (QFD) that focuses on the requirements for innovation performance and on a different set of indicators to calculate the importance of each type of indicator; and the survey method ‒ using a questionnaire, a representative sample of firms to check the current extent of innovation and to offer suggestions for improving innovation management.http://www.amfiteatrueconomic.ro/ArticolEN.aspx?CodArticol=2465innovationinnovation managementinnovation indicatorsinnovation matrixmetrics of innovationbusiness improvement success.
spellingShingle Dorin Maier
Livia Anastasiu
Roxana Sârbu
Thorsten Eidenmüller
Measuring the Capacity of Organizations Innovation ‒ Major Process of Innovation Management
Amfiteatru Economic
innovation
innovation management
innovation indicators
innovation matrix
metrics of innovation
business improvement success.
title Measuring the Capacity of Organizations Innovation ‒ Major Process of Innovation Management
title_full Measuring the Capacity of Organizations Innovation ‒ Major Process of Innovation Management
title_fullStr Measuring the Capacity of Organizations Innovation ‒ Major Process of Innovation Management
title_full_unstemmed Measuring the Capacity of Organizations Innovation ‒ Major Process of Innovation Management
title_short Measuring the Capacity of Organizations Innovation ‒ Major Process of Innovation Management
title_sort measuring the capacity of organizations innovation major process of innovation management
topic innovation
innovation management
innovation indicators
innovation matrix
metrics of innovation
business improvement success.
url http://www.amfiteatrueconomic.ro/ArticolEN.aspx?CodArticol=2465
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AT roxanasarbu measuringthecapacityoforganizationsinnovationmajorprocessofinnovationmanagement
AT thorsteneidenmuller measuringthecapacityoforganizationsinnovationmajorprocessofinnovationmanagement