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INNOVATION MANAGEMENT. Jiri Vacek vacekj @ kip.zcu.cz Department of Management, Innovations and Projects UWB, Faculty of Economics Plzen, March 2004. Lessons 1,2. Introduction Basic concepts Importance of innovations. CHARACTERISTIC S OF SUCCESSFUL INNOVATING COMPANIES - 1.

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Innovation management

INNOVATION MANAGEMENT

Jiri Vacek

[email protected]

Department of Management, Innovations and Projects

UWB, Faculty of Economics

Plzen, March 2004


Lessons 1 2

Lessons 1,2

Introduction

Basic concepts

Importance of innovations


Characteristic s of successful innovating companies 1
CHARACTERISTICS OF SUCCESSFUL INNOVATING COMPANIES - 1

  • Systematic collection of all impulses that could lead to innovation

  • Creativity of employees

  • Ability to evaluate the possibility of the innovation idea

  • Good team work

  • Project-based approach and ability to manage projects


Characteristic s of successful innovating companies 2
CHARACTERISTICS OF SUCCESSFUL INNOVATING COMPANIES - 2

  • Cooperation with external experts (universities, research laboratories…)

  • Proper rate of risk-taking

  • Employees’ motivation (the employees are willing to improve the product and the operation of the whole company)

  • Continued education of employees

  • Ability to finance the innovation activities


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