Managing Innovativeness in International Enterprises

Gawlik, Remigiusz (2008): Managing Innovativeness in International Enterprises. Published in: Global and Regional Challenges for the 21st Century Economies (2008): pp. 97-105.

Abstract

The paper aims at explaining the importance of innovations in modern enterprises. Activities leading to creation of innovative solutions, types of innovations and their meaning for enterprise’s strategic planning have been presented. The meaning of product quality in relation to manufacturing costs has been introduced. The explanation of this relation has been performed with help of Taguchi Loss Function. The author tries also to answer the question how to assess the aptitude of individual innovations for maintaining an optimal cost / income balance, hence the economic rationality of innovative undertakings. The proposed tool for multi – criteria decision making is the Analytic Hierarchy Process method (AHP) by Thomas L. Saaty. Main assumptions of the model, as well as methods of its application have been presented.

• Item Type: MPRA Paper
• Language: English
• Keywords: Innovations, Multi – criteria Decision - Making, Analytic Hierarchy Process
• Subjects: C - Mathematical and Quantitative Methods > C3 - Multiple or Simultaneous Equation Models ; Multiple Variables > C38 - Classification Methods ; Cluster Analysis ; Principal Components ; Factor Models; O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O31 - Innovation and Invention: Processes and Incentives; O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O32 - Management of Technological Innovation and R&D

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