THE PLACE OF INNOVATION MANAGEMENT IN THE LIFE OF ECONOMIC ENTITIES
The innovation management -changing the way organizations work- plays a crucial role in the sustainability and competitiveness of economic entities. This paper explores the place of innovation management within organizations through a comprehensive literature review, examining its definition, ev...
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Format: | Article |
Language: | English |
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Academica Brâncuşi
2024-12-01
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Series: | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
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Online Access: | https://www.utgjiu.ro/revista/ec/pdf/2024-06,%20Volumul%20II/29_Csosz.pdf |
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author | CSŐSZ CSONGOR |
author_facet | CSŐSZ CSONGOR |
author_sort | CSŐSZ CSONGOR |
collection | DOAJ |
description | The innovation management -changing the way organizations work- plays a crucial role in the sustainability
and competitiveness of economic entities. This paper explores the place of innovation management within
organizations through a comprehensive literature review, examining its definition, evolution, and drivers. The utility of
innovation management is discussed in terms of improving organizational agility, enhancing employee engagement,
and reducing costs. The paper also identifies key targets of innovation management, including organizational
structures, leadership practices, and work processes. Finally, the reasons why organizations should pursue innovation
management are explored, highlighting the need to adapt to technological change, address shifting workforce
dynamics, and respond to globalization. By embracing innovation management, organizations can foster a culture of
adaptability and creativity, ensuring long-term growth and competitive advantage. |
format | Article |
id | doaj-art-d4b7fac77edd411bb3031169692dcd14 |
institution | Kabale University |
issn | 1844-7007 2344-3685 |
language | English |
publishDate | 2024-12-01 |
publisher | Academica Brâncuşi |
record_format | Article |
series | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
spelling | doaj-art-d4b7fac77edd411bb3031169692dcd142025-01-03T16:00:22ZengAcademica BrâncuşiAnalele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie1844-70072344-36852024-12-0126252256THE PLACE OF INNOVATION MANAGEMENT IN THE LIFE OF ECONOMIC ENTITIESCSŐSZ CSONGOR0ASSOCIATE PH.D., BABEȘ – BOLYAI UNIVERSITY OF CLUJ NAPOCAThe innovation management -changing the way organizations work- plays a crucial role in the sustainability and competitiveness of economic entities. This paper explores the place of innovation management within organizations through a comprehensive literature review, examining its definition, evolution, and drivers. The utility of innovation management is discussed in terms of improving organizational agility, enhancing employee engagement, and reducing costs. The paper also identifies key targets of innovation management, including organizational structures, leadership practices, and work processes. Finally, the reasons why organizations should pursue innovation management are explored, highlighting the need to adapt to technological change, address shifting workforce dynamics, and respond to globalization. By embracing innovation management, organizations can foster a culture of adaptability and creativity, ensuring long-term growth and competitive advantage. https://www.utgjiu.ro/revista/ec/pdf/2024-06,%20Volumul%20II/29_Csosz.pdfnnovation managementorganizational structuretechnological changecompetitive advantagework processeseconomic entities. |
spellingShingle | CSŐSZ CSONGOR THE PLACE OF INNOVATION MANAGEMENT IN THE LIFE OF ECONOMIC ENTITIES Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie nnovation management organizational structure technological change competitive advantage work processes economic entities. |
title | THE PLACE OF INNOVATION MANAGEMENT IN THE LIFE OF ECONOMIC ENTITIES |
title_full | THE PLACE OF INNOVATION MANAGEMENT IN THE LIFE OF ECONOMIC ENTITIES |
title_fullStr | THE PLACE OF INNOVATION MANAGEMENT IN THE LIFE OF ECONOMIC ENTITIES |
title_full_unstemmed | THE PLACE OF INNOVATION MANAGEMENT IN THE LIFE OF ECONOMIC ENTITIES |
title_short | THE PLACE OF INNOVATION MANAGEMENT IN THE LIFE OF ECONOMIC ENTITIES |
title_sort | place of innovation management in the life of economic entities |
topic | nnovation management organizational structure technological change competitive advantage work processes economic entities. |
url | https://www.utgjiu.ro/revista/ec/pdf/2024-06,%20Volumul%20II/29_Csosz.pdf |
work_keys_str_mv | AT csoszcsongor theplaceofinnovationmanagementinthelifeofeconomicentities AT csoszcsongor placeofinnovationmanagementinthelifeofeconomicentities |