Abstract
1-Introduction
2-Features and criteria of innovations in corporative decisions
3-Vertical and horizontal decision making and choices to act
4-Innovations factors and assessment rates
5-Conclusions
References
Abstract
This theoretical paper identifies the main corporate innovative activities and public innovation support systems characterizing factors and their assessment rates by providing factor groups and measured indicators. Presented complex of various innovation measurement indexes can help corporative decision makers to focus on the areas to be developed as wee as for the trends to be fostered during the estimated strategical corporative decisions making period. Paper presents vertical and horizontal decision making features focused on innovation as most competitive factor as well as the main features and criteria of innovation measurement in corporative decisions, accepted and well-used by main innovations measurement institutions.
Introduction
The scientific literature emphasizes that innovation level measurement indices must be prepared and indicator weights determined according to the research based on an applied science model, which cannot be excluded from corporative decisions. Companies can engage in innovation for a number of commercial and other reasons. Their objectives may involve efficiency, quality, products, services, markets or the ability to learn and to implement changes. Identifying corporative motives for innovating and their importance is of help in examining the forces that drive innovation activities, such as competition, productivity and opportunities for entering new markets. Individual companies with separated innovations management systems are increasingly having a decisive impact on the future business decisions and economic success. Corporative decisions are upcoming management force for emerging economic benefits, but still the overall functioning of synergistic benefits and opportunities to work together lacks the factors to be described and deliver solutions how to operate in most effective way. Purpose of research – exclude corporate decisions in innovative activities and the factors which characterize the significant innovative indicators. Methods: systemic and comparative analysis and synthesis of scientific literature, strategic documents and legislation; statistical analysis of secondary data. Innovation activities in corporative decisions can be hampered by a number of factors. There may be serious reasons for not developing innovation activities or there may be factors that slow such activities or affect them negatively. These include economic factors, such as high costs or lack of demand, factors specific to an enterprise, such as lack of skilled personnel or knowledge, and legal factors, such as regulations or tax rules.