Publication detail

Appropriate Methods for Measurement Effectiveness of Innovation in SMEs in the Czech Republic

KOUDELKOVÁ, P. MILICHOVSKÝ, F.

Original Title

Appropriate Methods for Measurement Effectiveness of Innovation in SMEs in the Czech Republic

English Title

Appropriate Methods for Measurement Effectiveness of Innovation in SMEs in the Czech Republic

Type

conference paper

Language

en

Original Abstract

Innovation is very important for managers as well as for businessmen. It is phenomena in the recent years and many companies aim to implement innovation to the business. Managers and businessmen use make product and service innovation as well as process innovation. But not every innovation is successful. The problem is which methods for measurement of innovation should managers to use. And managers have not sufficient theoretical background. The article deals with innovations measurements. There are divided into groups according to the main field of entrepreneurial activity. In section discussion is it possible to find the most important and the most used metrics and other indicators of successful innovation in organization. Main aim of this article is finding which group of metrics are used to measure effectiveness of realized innovations and in which way.

English abstract

Innovation is very important for managers as well as for businessmen. It is phenomena in the recent years and many companies aim to implement innovation to the business. Managers and businessmen use make product and service innovation as well as process innovation. But not every innovation is successful. The problem is which methods for measurement of innovation should managers to use. And managers have not sufficient theoretical background. The article deals with innovations measurements. There are divided into groups according to the main field of entrepreneurial activity. In section discussion is it possible to find the most important and the most used metrics and other indicators of successful innovation in organization. Main aim of this article is finding which group of metrics are used to measure effectiveness of realized innovations and in which way.

Keywords

Innovation, innovation management, measurement of innovation, companies’ efficiency, SME

RIV year

2014

Released

13.05.2014

Publisher

IBIMA

Location

Valencia

ISBN

978-0-9860419-2-1

Book

Vision 2020: Innovation, Development Sustainability, and Economic Growth

Pages from

976

Pages to

987

Pages count

12

BibTex


@inproceedings{BUT108349,
  author="Petra {Koudelková} and František {Milichovský}",
  title="Appropriate Methods for Measurement Effectiveness of Innovation in SMEs in the Czech Republic",
  annote="Innovation is very important for managers as well as for businessmen. It is phenomena in the recent years and many companies aim to implement innovation to the business. Managers and businessmen use make product and service innovation as well as process innovation. But not every innovation is successful. The problem is which methods for measurement of innovation should managers to use. And managers have not sufficient theoretical background. The article deals with innovations measurements. There are divided into groups according to the main field of entrepreneurial activity. In section discussion is it possible to find the most important and the most used metrics and other indicators of successful innovation in organization. Main aim of this article is finding which group of metrics are used to measure effectiveness of realized innovations and in which way.",
  address="IBIMA",
  booktitle="Vision 2020: Innovation, Development Sustainability, and Economic Growth",
  chapter="108349",
  howpublished="electronic, physical medium",
  institution="IBIMA",
  year="2014",
  month="may",
  pages="976--987",
  publisher="IBIMA",
  type="conference paper"
}