Strategic aspects of innovation management

Journal Title: Marketing Instytucji Naukowych i Badawczych - Year 2017, Vol 26, Issue 4

Abstract

Innovations are regarded as the main factor for the development of organizations, regions and whole economies. In practice the innovativeness of economic entities is limited by many factors of internal and external origin. Among the internal factors there are factors associated with management itself focusing the attention of managers on the current problems, limited utilization of modern methods of management, especially strategic management and innovation management. In this publication the emphasis was put on the discussion of the essence of strategic approach to innovation management; the essence of strategic innovations and their role in the development of organizations; three model solutions were proposed, they facilitate: rationalization of decision-making processes for the selection of the strategy of innovative activity; making rational decisions with regard to the moments for the implementation of strategic and facilitating innovations; making rational decisions based on the cycle of strategic innovation in the horizontal and vertical system. Thus, the goal of this publication is to propose a strategic approach to innovation management based not on an intuitive approach, but on a rational approach using chosen model solutions.

Authors and Affiliations

Jerzy Baruk

Keywords

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  • EP ID EP250895
  • DOI 10.14611/minib.26.12.2017.12
  • Views 75
  • Downloads 0

How To Cite

Jerzy Baruk (2017). Strategic aspects of innovation management. Marketing Instytucji Naukowych i Badawczych, 26(4), 55-80. https://europub.co.uk./articles/-A-250895