scholarly journals Management of the Company’s Innovation Development: The Case for Polish Enterprises

2021 ◽  
Vol 14 (4) ◽  
pp. 156
Author(s):  
Marek Dziura ◽  
Tomasz Rojek
Keyword(s):  
Innovation Management ◽  
Computer Assisted ◽  
The European Union ◽  
Innovation Development ◽  
Country Level ◽  
Management Of Innovation ◽  
Measurement Results ◽  
Functional Areas ◽  
A Company ◽  
Innovation Processes

Management of innovation processes in a company is a field that is still not sufficiently researched and applied in practice. Managers in companies often do not know about modern techniques and design tools for creating innovation processes and about the possibility of their effective usage for management and in decision-making conditions. Therefore the main aim of the paper is to present contemporary theoretical and practical achievements in the field of innovation management, which focus on the area of innovation processes and emphasize the possibilities of managing innovation processes in business. The practical purpose of this study was to analyze the state and development of innovativeness of a selected group of Polish enterprises. The following methods were used in the work: a critical analysis of the literature, deductive methods, CAWI method (Computer Assisted Web Interview), and synthesis of measurement results of analytical indicators in selected functional areas of the studied enterprises. The conclusion was that for several years, it is clearly visible that a small group of innovative companies has formed in Poland that constantly increases its expenditure on innovative activities including research and development. In addition, the expenditures incurred are at a very decent level when compared to the European Union (EU) average, which suggests that these companies are competitive not only at the country level, but also outside it.

scholarly journals Projekty innowacyjne w przedsiębiorstwach jako potencjalne źródło ryzyka finansowego

2016 ◽  
pp. 49-64
Author(s):  
Michał Bacior
Keyword(s):  
Economic Efficiency ◽  
Financial Risk ◽  
New Products ◽  
Technological Environment ◽  
Risk Of Failure ◽  
Functional Areas ◽  
Market Strategies ◽  
A Company ◽  
Innovation Processes

Increase in the value of a company is related to implementation of innovative processes in all functional areas of business. As a result of implemented innovation, the company may offer new products or lower prices. In any case, this leads to improved economic efficiency of the company. The rise in innovation is coupled with an increase in the benefits but is also accompanied by an increase of the risk of failure. This constitutes background against which the article presents the course of innovation processes and possibilities of applying innovation in different market strategies. The article stresses relations between financial risk and the time of innovation. Sources of financial risk and methods of financing innovative investments are also discussed as is the need to take into account the technological environment and market context of innovation

Profiting from innovation in the aftermath of an economic crisis

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ulrich Lichtenthaler
Keyword(s):  
Product Development ◽  
Economic Crisis ◽  
Innovation Management ◽  
Empirical Studies ◽  
Cost Savings ◽  
Negative Consequences ◽  
Content Type ◽  
Innovation Activities ◽  
A Company ◽  
Innovation Processes

Purpose The aim of this paper is to present systematically a variety of benefits from innovating in response to an economic crisis. Design/methodology/approach This is a conceptual paper that draws on prior conceptual and empirical studies, especially the innovation-based view of firm performance. Findings Many firms have cut their innovation expenditures in response to the COVID-19 crisis. However, the financial crisis in 2008/2009 has shown that these short-term cost savings may have severely negative consequences on competitiveness. Several innovation examples from the crisis due to the COVID-19 pandemic further indicate that companies may benefit from a variety of first-order innovations, which go considerably beyond product development. Consequently, researchers and executives need to consider the variety of innovation types beyond product development, and they further need to emphasize second-order innovations, which describe the dynamic transformation of innovation management. Originality/value Academics and practitioners need to put specific attention to the transformation of innovation processes at the beginning of a crisis because firms may have to redesign their innovation processes. This dynamic reconfiguration and realignment of innovation processes further is essential again if a crisis continues for a longer period, such as the crisis due to the coronavirus pandemic. For example, if a company currently does not respond to relevant trends, its competitive position will deteriorate because other companies will enter the market. If firms can afford to continue or strengthen the innovation activities, they may profit substantially after the crisis.

Lean Startup Method Hampers Breakthrough Innovations and Company's Innovativeness

2018 ◽  
Vol 15 (02) ◽  
pp. 1850012 ◽  
Author(s):  
Zornitsa B. Yordanova
Keyword(s):  
Development Process ◽  
Pearson Correlation ◽  
Innovation Development ◽  
Radical Innovations ◽  
Advantages And Disadvantages ◽  
Management Of Innovation ◽  
The Impact ◽  
Breakthrough Innovation ◽  
Innovation Processes ◽  
Lean Startup

The Lean Startup Method (LSM) provides a systematic management of innovation processes within startups and even within well-established companies. Despite its wide use by a lot of innovative companies, this study claims that using the LSM compromises the development of breakthrough and radical innovations and also companies' innovativeness is hindered given that companies usually follow the method and its principles blindly, without fully understanding its advantages and disadvantages. The aim of this study is to make a critical analysis of the LSM with focus on the above two statements and to test the critical findings from the analysis with the help of innovation experts. The methods employed in the study are mainly statistical ones like Pearson correlation, linear regression and statistical mean. The results show that innovation experts generally do agree with the formulated critical points (CPs) in the research but still use the method because they had not been aware of these disadvantages before entering the research as respondents. Another finding is the negative correlation between commercializing breakthrough innovations and using customers in the innovation development process. The contribution of the paper for the readers is mainly related to the impact of customer utilization within the breakthrough innovation development process and how using the LSM might compromise companies' innovativeness in general.

scholarly journals EFFECTIVE MECHANISMS OF MANAGEMENT INFLUENCE THE INNOVATIVE PROCESSES IN UKRAINE

2017 ◽  
pp. 73-79
Author(s):  
Svitlana Skochylyas
Keyword(s):  
Institutional Environment ◽  
Innovation Management ◽  
Value Added ◽  
Economic Potential ◽  
Innovation Capability ◽  
Management Mechanism ◽  
Innovation Development ◽  
Economic Nature ◽  
Market Infrastructure ◽  
Innovation Processes

Introduction. Current importance of systematization of knowledge in the field of distinguishing basic aspects and analysis of multi-category "innovation" makes it possible to detail its essence and to offer the author’s interpretation. The innovation management mechanisms provide targeted changes in the system of management on the basis of identified patterns and factors of development of innovative processes. Purpose. The article aims to consider conceptual frameworks of innovation capability of Economy of Ukraine. Their generalization will allow forming the proper theoretical and methodological basis. It will enable to create the environment for innovative research on the basis of innovation management effective mechanisms. Results. Generalization and systematization of the existing approaches to defining the essence of innovation processes have given a possibility to determine the essence of innovation and its economic nature. The theoretical basis of technology of innovation development in Ukraine has been formed. It will help to create adequate prerequisites to strengthen and develop competitive advantage of factor entities that provide significant value added and create economic potential of Ukraine. The acting management mechanism of innovation has been analysed. The insufficient incentive effect on innovation development in Ukraine has been proven. The necessity of forming institutional environment for attracting financial market infrastructure to financing innovation and implementation of innovative processes has been shown in the research.

Management of Innovation in Small Service Companies

2014 ◽  
Vol 3 (1) ◽  
pp. 31-40 ◽  
Author(s):  
Eeva Aromaa ◽  
Päivi Eriksson
Keyword(s):  
Theoretical Approach ◽  
Innovation Management ◽  
Point Of View ◽  
Full Potential ◽  
Service Companies ◽  
Management Of Innovation ◽  
Methodological Tool ◽  
Practice Approach ◽  
Innovation Processes

The objective of our study is to explore how the innovation practice of a small service company can be identified and developed from the managerial point of view. The study is based on the intensive case study strategy utilizing observational and interview data. The analysis shows how a new theoretical approach (the practice approach) and a new methodological tool (the CODE-method) can be used in the study of innovation management. The results show that the innovation practice of the case company was based on five distinctive innovation processes initiated by different actors inside and outside of the company. Utilizing the full potential of these five processes would however require solving two problems: managing and organizing all five processes more efficiently and relaxing the CEO-centricity of the innovation practice.

scholarly journals Technological innovation management: understanding difficulties in an emerging country to enhance manufacturers performance

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Lucas M. Matos ◽  
Izabela Simon Rampasso ◽  
Osvaldo L.G. Quelhas ◽  
Walter Leal Filho ◽  
Rosley Anholon
Keyword(s):  
Technological Innovation ◽  
Design Methodology ◽  
Innovation Management ◽  
Short Term ◽  
Content Type ◽  
Industrial Companies ◽  
Management Of Innovation ◽  
Emerging Country ◽  
Innovation Processes ◽  
Term Management

PurposeThis study aims to discuss the difficulties faced by two large Brazilian industrial companies in technological innovation management.Design/methodology/approachInitially, a literature review is carried out using meta-synthesis technique to consolidate an expanded and detailed framework that complemented and dialoged with the difficulties presented by Oslo Manual. The difficulties presented in this framework were used as an instrument to conduct two case studies.FindingsThere were several findings, especially the adherence to the structured framework and the identification of short-term management and inflexibility of the regulatory environment as relevant difficulties for both companies.Originality/valueThe understanding of these difficulties can contribute to optimizing manufacturers performance in innovation processes. Although only two companies were analyzed, their magnitude and relevance in the sectors they belong to should be highlighted. The information presented here can greatly contribute to expanding the debates about the management of innovation by companies in emerging countries.

Research and approaches to the integration processes in the European Union

2017 ◽  
pp. 126-133
Author(s):  
Alexander Motsyk
Keyword(s):  
Political Parties ◽  
The European Union ◽  
Goods And Services ◽  
Country Level ◽  
Fourth Level ◽  
Methodological Principles ◽  
Political Economic ◽  
The Relationship ◽  
Political Groups ◽  
Integration Levels

The article is devoted to the study of modern trends of integration processes. We studied the methodological principles and approaches to the study of the integration of subjects. Specifically analyzed integration levels: individual, regional, domestic, interstate, global. Also, isolated and characterized various forms of integration: political, economic, informational, cultural and others. We analyzed the integration process as a result of the relationship, cooperation, convergence and integration into a single unit of any parts, components countries, their economies, social and political structures, cultural, social and political groups, ethnic groups, political parties, movements and organizations. It is proved that integration has several levels of development. Interaction at the level of enterprises and organizations (first level) – directly to producers of goods and services. The integration of the economies of the main links of different countries is complemented by the interaction at the country level (the second level). The third level of development of integration processes – interaction at the level of parties and organizations, social groups and individuals from different countries – can be defined as a social and political one. Fourth level – is the level of the actual integration group as an economic community, with its characteristics and peculiarities. It was noted that today is used by political science approaches to the study of integration. It is important to the following principles: federalism, functionalism, communicative approach, and others. Keywords: Integration, levels, approaches, studies, European integration, politics, economics, features

INTERDISCIPLINARY LINKS, INTEGRATIVE APPROACH,HEURISTIC METHODS AND ARTIFICIAL INTELLIGENCE IN THE MANAGEMENT OF INNOVATION - PART 1

2018 ◽  
Vol 28 (5) ◽  
pp. 1527-1532
Author(s):  
Hristo Patev
Keyword(s):  
Artificial Intelligence ◽  
Production Systems ◽  
Innovation Management ◽  
Integrative Approach ◽  
Heuristic Methods ◽  
Organizational Renewal ◽  
Innovation Activities ◽  
Management Of Innovation ◽  
Inventive Activity ◽  
High Degree

In this first work, out of the total of twenty-four, are considered: Integrative approach, interdisciplinary relations and transnational language in the technical and economic fundament of engineering and management, for the purpose of competitive innovation and successful business. Approaches to develop the innovation with a high degree of complexity. Interactive heuristic methods and algorithms for inventive activity, for inspiring and developing new industrial products and services for households and production systems. Implementing an effective business vocabulary for organizational renewal. Introduction of gaming and "art" methods in innovation management. Intensifying innovation activities through an attempt to introduce artificial intelligence into teamwork, with simultaneous implementation of an engineering and non-engineering approach.

scholarly journals Innovation Management in Polish Real Estate Developers in the Renewable Energy Sources Context

Energies ◽  
2021 ◽  
Vol 14 (6) ◽  
pp. 1702
Author(s):  
Marcin Sitek ◽  
Manuela Tvaronavičienė
Keyword(s):  
Renewable Energy ◽  
Housing Market ◽  
Innovation Management ◽  
Renewable Energy Sources ◽  
Significance Test ◽  
Sustainable Construction ◽  
Energy Sources ◽  
Computer Assisted ◽  
Global Trends ◽  
Implementation Of Innovations

This paper analyses innovative activities, including renewable energy sources (RES) in the housing market, the motivations for their introduction, effectiveness, benefits, limitations and management—which are open and current problems of Polish and international sustainable construction. This problem is part of a research gap concerning, among others, the role of developers and entities responsible for introducing energy innovations into housing construction. The aim of the paper is to analyse innovations, with particular emphasis on RES, introduced by residential developers in Poland in the context of global trends. The work is based on the results of surveys conducted among developers of the primary housing market. The research of 130 questionnaires received from entities such as multi-storey buildings and multi-family houses in Poland, was carried out on a nationwide sample using the CATI Computer Assisted Telephone Interview method. The results of the survey research were summarized by setting research hypotheses, which were verified using the significance test based on the Laplace normal distribution. The research conducted has shown that residential developers in Poland point at, among others, competitive pressures, concern about the quality of products and services offered, increasing market share or satisfaction and increasing customer requirements. This clearly shows that the implementation of innovation is perceived through the prism of increasing competitiveness. Furthermore, developers operating in the more competitive markets—nationwide and on the market of the five largest Polish cities, usually larger companies, showed a greater willingness and even the need to introduce innovation in their activities. In the study, developers as one of the barriers of introducing innovations, apart from the lack of adequate support, mainly from public entities in the field of, inter alia, appropriate law favouring the implementation of innovations and financial support, indicate difficulties of the client’s market manifested by the lack of knowledge and identification of needs in the field of innovation, and the lack of willingness to pay a higher price in regard to the product with higher innovation level. In the paper, the authors recommend developers, among others, to implement in the management process the identification of possible to implement innovations and the customers’ needs in innovations with education in the field of possible innovations and its benefits. The article indicates the need to intensify the implementation of innovations in housing projects in order to increase competitiveness and to meet the European Union’s requirement regarding the use of renewable energy sources.

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