Analysis of innovation management in German enterprises

In the drive towards economic globalization, companies are faced with both opportunities and challenges. As the global landscape changes, company and by extension countries increasingly grasp the level of importance innovation has to their survival and continued development. The element of innovatio...

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Autores principales:	Alireza Nasiri, Antonio R. Alleyne, Lyu Yihui
Formato:	article
Lenguaje:	EN
Publicado:	Taylor & Francis Group 2016
Materias:	innovation innovation strategy german enterprise managing innovation innovation elements Business HF5001-6182 Management. Industrial management HD28-70
Acceso en línea:	https://doaj.org/article/b0a2a254428b4ad995d085fd758f40f4
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spelling	oai:doaj.org-article:b0a2a254428b4ad995d085fd758f40f42021-12-02T14:07:31ZAnalysis of innovation management in German enterprises2331-197510.1080/23311975.2016.1216727https://doaj.org/article/b0a2a254428b4ad995d085fd758f40f42016-12-01T00:00:00Zhttp://dx.doi.org/10.1080/23311975.2016.1216727https://doaj.org/toc/2331-1975In the drive towards economic globalization, companies are faced with both opportunities and challenges. As the global landscape changes, company and by extension countries increasingly grasp the level of importance innovation has to their survival and continued development. The element of innovation, within the business environment, has become the necessary condition for sustainable development of a country or nation. In the case of Germany, the authors acknowledge the country’s fascinating ability in innovation management; therefore have sought to gain a better understanding through a sampled analysis of German private enterprises. In the process, quantitative model and qualitative model were utilized together. On the one hand, a qualitative method is adopted to collect primary data. On the other hand, a quantitative process is used to collect secondary data. According to the data analysis of the sampled corporations and businesses, the indices of each factor vary across the different industries. Results also suggested that stronger enterprises give greater attention to innovation (factors) and therefore reap higher gains. In such companies, various rules and regulations are designed to stimulate the employees’ creativity; while communication is established across all parts of companies. Similarly, the company would be design on the basis of adapting different market strategies. Worthy of note is that companies in each industry treat technological innovation as an important element to their development. Such emphasis on the importance of innovation management is a vital factor that can aid in explaining why German enterprises have gained such success to date. Hence, companies in other world economies, including fast pace China should take note of the German companies and strengthen their own management structure regarding innovation.Alireza NasiriAntonio R. AlleyneLyu YihuiTaylor & Francis Grouparticleinnovationinnovation strategygerman enterprisemanaging innovationinnovation elementsBusinessHF5001-6182Management. Industrial managementHD28-70ENCogent Business & Management, Vol 3, Iss 1 (2016)
institution	DOAJ
collection	DOAJ
language	EN
topic	innovation innovation strategy german enterprise managing innovation innovation elements Business HF5001-6182 Management. Industrial management HD28-70
spellingShingle	innovation innovation strategy german enterprise managing innovation innovation elements Business HF5001-6182 Management. Industrial management HD28-70 Alireza Nasiri Antonio R. Alleyne Lyu Yihui Analysis of innovation management in German enterprises
description	In the drive towards economic globalization, companies are faced with both opportunities and challenges. As the global landscape changes, company and by extension countries increasingly grasp the level of importance innovation has to their survival and continued development. The element of innovation, within the business environment, has become the necessary condition for sustainable development of a country or nation. In the case of Germany, the authors acknowledge the country’s fascinating ability in innovation management; therefore have sought to gain a better understanding through a sampled analysis of German private enterprises. In the process, quantitative model and qualitative model were utilized together. On the one hand, a qualitative method is adopted to collect primary data. On the other hand, a quantitative process is used to collect secondary data. According to the data analysis of the sampled corporations and businesses, the indices of each factor vary across the different industries. Results also suggested that stronger enterprises give greater attention to innovation (factors) and therefore reap higher gains. In such companies, various rules and regulations are designed to stimulate the employees’ creativity; while communication is established across all parts of companies. Similarly, the company would be design on the basis of adapting different market strategies. Worthy of note is that companies in each industry treat technological innovation as an important element to their development. Such emphasis on the importance of innovation management is a vital factor that can aid in explaining why German enterprises have gained such success to date. Hence, companies in other world economies, including fast pace China should take note of the German companies and strengthen their own management structure regarding innovation.
format	article
author	Alireza Nasiri Antonio R. Alleyne Lyu Yihui
author_facet	Alireza Nasiri Antonio R. Alleyne Lyu Yihui
author_sort	Alireza Nasiri
title	Analysis of innovation management in German enterprises
title_short	Analysis of innovation management in German enterprises
title_full	Analysis of innovation management in German enterprises
title_fullStr	Analysis of innovation management in German enterprises
title_full_unstemmed	Analysis of innovation management in German enterprises
title_sort	analysis of innovation management in german enterprises
publisher	Taylor & Francis Group
publishDate	2016
url	https://doaj.org/article/b0a2a254428b4ad995d085fd758f40f4
work_keys_str_mv	AT alirezanasiri analysisofinnovationmanagementingermanenterprises AT antonioralleyne analysisofinnovationmanagementingermanenterprises AT lyuyihui analysisofinnovationmanagementingermanenterprises
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Analysis of innovation management in German enterprises

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