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2014•Balkan Region Conference on Engineering and Business EducationOpen access

The Model Of Analysis And Improvement Of The Firm's Innovation Capability

Cătălin-George Alexe, Cătălina-Monica Alexe, Cezar Scarlat, Florin Alexandru Alexe

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Abstract

Abstract The latest studies are focused on innovation. Both theory and practice are based on concepts as: innovation, innovative persons or organizations, innovation potential, innovation capability, innovation audit and innovation management. The effort of a firm to gain a certain competitive advantage implies to be capable to innovate; the organization has to offer an adequate framework for development and valorisation of the employees' creative initiatives. The innovation capability of a firm depends on the ability of the managers to identify specific factors that work on it and finding out the way they act. Based on the results of a preliminary investigation regarding other complex tools used in the innovation management, the authors are proposing a model of analysis and improvement of the firm’s innovation capability.

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What this paper is about

Abstract The latest studies are focused on innovation. Both theory and practice are based on concepts as: innovation, innovative persons or organizations, innovation potential, innovation capability, innovation audit and innovation management. The effort of a firm to gain a certain competitive advantage implies to be capable to innovate; the organization has to offer an adequate framework for development and valorisation of the employees' creative initiatives. The innovation capability of a firm depends on the ability of the managers to identify specific factors that work on it and finding out the way they act. Based on the results of a preliminary investigation regarding other complex tools used in the innovation management, the authors are proposing a model of analysis and improvement of the firm’s innovation capability.

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Available abstract

Abstract The latest studies are focused on innovation. Both theory and practice are based on concepts as: innovation, innovative persons or organizations, innovation potential, innovation capability, innovation audit and innovation management. The effort of a firm to gain a certain competitive advantage implies to be capable to innovate; the organization has to offer an adequate framework for development and valorisation of the employees' creative initiatives. The innovation capability of a firm depends on the ability of the managers to identify specific factors that work on it and finding out the way they act. Based on the results of a preliminary investigation regarding other complex tools used in the innovation management, the authors are proposing a model of analysis and improvement of the firm’s innovation capability.

Key concepts: Business, Innovation management, Competitive advantage, Audit, Knowledge management, Work (physics), Industrial organization, Process management

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