publication . Article . 2015

Mechanisms for the Creation of Innovation in Contemporary Business and Economy

Slawomir Czarniewski;
Open Access
  • Published: 27 Jan 2015 Journal: International Journal of Academic Research in Accounting, Finance and Management Sciences, volume 5 (eissn: 2225-8329, Copyright policy)
  • Publisher: Human Resources Management Academic Research Society (HRMARS)
Innovation differentiates the company from the competition, attracts new customers and generates revenue. The struggle for customers requires constant innovation, the result of which must be the creation of new value for customers. Innovation which provides new value for customers manifests itself in the form of new products, technologies, ideas and systems, reflected in satisfaction and customer loyalty. Innovation is considered a basis of business development, competition and growth. As a result of innovation, significant changes take place in the scope and manner of commissioning and using resources, leading to changes in the strategic position of the enterpr...
free text keywords: Innovations, competition, new products, development, management, Open innovation, Revenue, Innovation management, Loyalty business model, Product innovation, Business development, Project commissioning, Economics, Marketing, Economy
17 references, page 1 of 2

1. Chaney, P.K., Devinney, T.M., Winter R.S. (1991). The Impact of New Product Introductions on the Market Value of Firms. Journal of Business, 64(4): 573-610.

2. Christensen, C.M. (1997). The Innovator's Dilemma. When New Technologies Cause Great Firms to Fail. Boston: Harvard Business School Press.

3. Czarniewski, S. (2014). Types of Competition in the Market in the Context of New Value for Customers. International Journal of Academic Research in Business and Social Sciences, 4(12): 259-269. [OpenAIRE]

4. Davis, G. F. (2005). New Directions in Corporate Governance. Annual Review of Sociology, 31(1): 143-162.

5. Hansen, S.O. & Wakonen, I. (1997). Innovation, A Winning Solution? International Journal of Technology Management, 13(4): 347-348.

6. Hippel, E., Thomke, S. & Sonnack, M. (2000). Creating Breakthroughs at 3M. Health Forum Journal, 43(4): 22-23.

7. Hoeffler, S. (2003). Measuring Preferences for Really New Products. Journal of Marketing Research, 40(4): 406-420.

8. Hyysalo, S. (2004). Uses of Innovation. Wristcare in the Practices of Engineers and Elderly. Helsinki: University of Helsinki, Department of Education.

9. Lavie, D., Haunschild, P.R., & Khanna, P. (2012). Organizational Differences, Relational Mechanisms, and Alliance Performance. Strategic Management Journal, 33(13): 1453-1479.

10. Mayo, A. (2001). The Human Value of the Enterprise. London: Nicholas Brealey Publishing.

11. Morris, L. (2006). Permanent Innovation. Labs: Innovation.

12. Mullins, J.W. & Sutherland, D.J. (1998). New Product Development in Rapidly Changing Markets: An Exploratory Study. Journal of Product Innovation Management, 15(3): 228-230.

13. O'Connor, G.C. (1998). Market Learning and Radical Innovation: A Cross Case Comparison of Eight Radical Innovation Projects. Journal of Product Innovation Management, 15(2): 158-161.

14. Raich, M. & Dolan, S. (2008). Beyond Business and Society in Transformation. MacMillan: Palgrave.

15. Sandberg, B. (2008). Managing and Marketing Radical Innovations. Marketing New Technology. London and New York: Routledge.

17 references, page 1 of 2
Powered by OpenAIRE Open Research Graph
Any information missing or wrong?Report an Issue
publication . Article . 2015

Mechanisms for the Creation of Innovation in Contemporary Business and Economy

Slawomir Czarniewski;