Smart innovation management for better business performance

Borut Likar; Ana Hafner; Marko Ropret; Peter Fatur; Mirko Markič; Franci Pušavec

doi:10.5771/0949-6181-2023-3-533

Inhalt
- Kapitel Ausklappen | EinklappenAutorenSeiten
- 391–392 Titelei/Inhaltsverzeichnis 391–392
- 393–394 Editorial 393–394
- 395–578 Articles 395–578
  - 395–417 Exploring the influence of demographic characteristics on the homogeneity of national culture in the context of social changes Jiri Dvorak, Lenka Komarkova Jiri Dvorak, Lenka Komarkova 395–417
  - 418–441 Subsidiary autonomy and multinational enterprises structures (case of the Czech Republic) Sylva Žáková Talpová Sylva Žáková Talpová 418–441
  - 442–478 What are the most important factors affecting job satisfaction? Evidence for Poland from the Bayesian Network model Anna Rogozińska-Pawełczyk, Joanna Olbryś Anna Rogozińska-Pawełczyk, Joanna Olbryś 442–478
  - 479–503 How managers and line employees perceive the effectiveness of organizational practices aimed at stimulating their green behaviours: Research results from Poland Katarzyna Piwowar-Sulej, Ewa Popowicz Katarzyna Piwowar-Sulej, Ewa Popowicz 479–503
  - 504–532 The effect of mixed wage incentives on performance: an action research report Dragoslav Slović, Ivan Tomašević, Dragana Stojanović Dragoslav Slović, Ivan Tomašević, Dragana Stojanović 504–532
  - 533–556 Smart innovation management for better business performance Borut Likar, Ana Hafner, Marko Ropret, Peter Fatur, Mirko Markič, Franci Pušavec Borut Likar, Ana Hafner, Marko Ropret, Peter Fatur, Mirko Markič, Franci Pušavec 533–556
  - 557–578 Disruptions and resilience building in Central European automotive supply chains Andrea Éltető, Jana Vlčková, Eva Křenková, Gábor Túry Andrea Éltető, Jana Vlčková, Eva Křenková, Gábor Túry 557–578
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Vollzugriff

JEEMS Journal of East European Management Studies , Seite 533 - 556

Smart innovation management for better business performance

Autoren

Borut Likar Ana Hafner Marko Ropret Peter Fatur Mirko Markič Franci Pušavec

DOI
- doi.org/10.5771/0949-6181-2023-3-533
- ISSN print: 0949-6181
- ISSN online: 1862-0019
Abstract

The purpose of the research is to verify which innovation influencing factors are crucial for achieving optimal business results. The study encompassed low and medium-low technology Slovenian companies. The results showed that two key aspects of the innovation and economic performance of companies need to be addressed: smart financial investments in innovation and management of organisational aspects of the innovation process. The most innovative companies invest less in technology, yet more in other categories: external R&D, training, and marketing. In addition, influential organisational factors are related to the vision and strategic aspects of encouraging innovation. We can conclude that smart innovation management is a prerequisite to better innovation results and, in turn, also better economic results. The implications are relevant for managers so that they can appropriately invest in innovation and address organisational issues.
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