MEASURING INNOVATION POWER OF BUSINESSES: A REGIONAL RESEARCH IN FOOD AND AGRICULTURAL INDUSTRY
Abstract
In today’s terms economic growth and competitiveness are based on
innovation increasingly. Innovation is considered as a fundamental component of the entrepreneurship and sustainable development. Countries need
innovative enterprises and also pioneer companies in this field for being
included to international race and attaining competitive advantage. These
companies have to apply right measurements and incentives, and have to
generate right attitude with right strategies both inside and outside the
company to make innovation is managed. For a healthy process of innovation management, it is very important to perform a serious planning and
implementation, to create awareness of innovation inside the company, to
bring innovation into the corporate culture and to measure the power of innovation at regular intervals in this process. In the principle of ‘You cannot
manage what you cannot measure’, with the data and feedback that obtain
through measurements, enterprises can determine their strengths and weaknesses in this field and they can provide continuity a successful innovation
process. In this study; innovation concept and its importance for enterprises
and companies, some of the innovation measurement models have been
emphasized, and Arthur D. Little’s innovation measurement models have
been analyzed, and one of them has been practiced in the agriculture and
food sectors in Salihli province. The findings have shown that, innovation
power of a company or enterprise is not influenced by the size of company,
the age of company, the field of activity or the company’s annual turnover.
As highlighted in the literature of the study, innovation is possible for every
business and enterprise with applying the right processes.
Keywords
References
- Clapham, Maria M., (2003), The International Handbook on Innovation, Editor L. V. Shavinina, Elsevier Science.
- Davila, T., Epstein, M.J., Shelton R., (2006), Making Innovation Work How to Manage It, Measure It, and Profit From It, Wharton School Publishing, Pearson Education, New Jersey.
- Dodgson, M., (1994), The Handbook of Industrial Innovation, Editor Dodgson M. & Rothwell R., Edward Elgar Publishing Limited, Cheltenham & Brookfield.
- Drucker, P.F., (1985), Innovation and Entrepreneurship Practice and Principles,
- Foreword by Bones, C., (2007), Elsevier Ltd., ButterworthHeinemann.
- Eckelmann, O., (2002), Die Innovation Scorecard als Instrument des Innovations-und Technologiemanagements Möglichkeiten und Grenzen, Wiesbaden.
- Elçi, Ş., (2006), Inovasyon Kalkinmanin ve Rekabetin Anahtari, Nova Basın Yayin Dağitim, Ankara.
- Eversheim, W., (2009), Innovation Management for Technical Products, Systematic and Integrated Product Development and Production Planning Springer, Berlin.
Details
Primary Language
English
Subjects
Business Administration
Journal Section
Research Article
Publication Date
September 6, 2013
Submission Date
September 6, 2013
Acceptance Date
-
Published in Issue
Year 2012 Volume: 62 Number: 2