The Impact of Innovation on Organizational Competitiveness
Author(s)
Download Full PDF Pages: 162-165 | Views: 888 | Downloads: 260 | DOI: 10.5281/zenodo.3491652
Abstract
Conquering new markets and expanding competition areas make innovation the basis of development and dynamism in all economies. In this study we analyze how innovation, becoming part of the life of a business, will allow the companies to adjust and adapt their business model to the changing market, gaining knowledge and competitiveness. Once described what an innovation truly represents for the competitiveness, the research will explain where the innovation may develop and what is the process that transforms a simple idea into a product service or innovative mechanism to be placed on the market. Innovation could be considered as the only solution to overcome the economic crisis, and different types of innovation may represent choices and processes of business development.
Keywords
competitiveness, innovation, strategies, business environment, business performance.
References
i. Chesbrough H. W. (2003). Open innovation – The new imperative for creating and profiting from technology. Boston: Harvard Business School Press.
ii. Costello G. J. (2018). Proposing an innovation-based view of the firm. Irish Journal of Management, 37(1), 65-79.
iii. Croitoru A. (2012). Schumpeter, J.A., 1934 (2008), The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest and the Business Cycle, New Brunswick (U.S.A) and London (U.K.): Transaction Publishers. Journal of Comparative Research In Anthropology and Sociology, 3, 137-148.
iv. Daft R. L. (2017). A Dual-Core Model of Organizational Innovation. Academy of Management Journal, 21 (2).
v. Damanpour F. (2017). Organizational Innovation: A Meta-Analysis Of Effects Of Determinants and Moderators. Academy of Management Journal, 34 (3),
vi. Date K. (1991). The relation of cycles and trends in Schumpeter’s model in J.A. Schumpeter: critical assessments, London: Taylor & Francis, 349-359.
vii. Fontana R. and Guerzoni M. (2008). Incentives and uncertainty: An empirical analysis of the impact of demand on innovation. Cambridge Journal of Economics, 32(6), 927–946
viii. OECD and Eurostat (2005). Guidelines For Collecting and Interpreting Innovation Data, Third Ed., OECD Publishing
ix. Porter M. (1985). Competitive Advantage: Creating and Sustaining Superior Performance, New York: Free Press.
x. Richard A. Wolfe R. A. (1994). Organizational innovation: review, critique and suggested research directions. Journal of Management Studies, 31 (3), 405-431.
xi. Schumpeter, J.A. (1946). John Maynard Keynes 1883-1946. The American Economic Review, 36(4), 495-518.
xii. Schumpeter, J. A. (1946). The Decade of the Twenties. The American Economic Review, 36(2), 1-10.
xiii. Sharma C. (2019). Effects of R&D and foreign technology transfer on productivity and innovation: an enterprises-level evidence from Bangladesh. Asian Journal of Technology Innovation, 27 (1), 46-70.
xiv. Slappendel, C. (1996). Perspectives on innovation in organizations. Organization Studies, 17, 107-129.
xv. Soete L. (2007). From industrial to innovation policy. Journal of Industry, Competition and Trade, 7(3-4), 273–284.
xvi. Wernerfelt, B. (1984). A resource-based view of the firm. Strategic Management Journal, 5, 99-197.
Cite this Article: