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Innovation Crowdsourcing As A Process For Management

Author

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  • EMANUELA ESMEROVA

    (European University, Skopje-Macedonia)

Abstract

All models are converging toward the idea that innovation activities can be more or less correctly be described and viewed in process models. Some models innovation menagment describe the life cycle of the innovation by the S-shape and logistic function, which is composed of three distinct phases: Emergence, growth and maturity . Other studies, place the emphasis on the characteristics of innovation which are defined as a function of innovation stages of development, e.g. Maidique distinguishes the recognition of the invention, the development, the achievement and the distribution of phases of the innovation process. Whatever the model, an innovation menagment is generally described as a practice or a new object. An innovation management obviously begins with new ideas (Tushman, 1977). Traditionally, these ideas have been generated by professionals such as engineers, traders or designers in a company.

Suggested Citation

  • Emanuela Esmerova, 2019. "Innovation Crowdsourcing As A Process For Management," Economics and Management, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 16(1), pages 53-62.
  • Handle: RePEc:neo:journl:v:16:y:2019:i:1:p:53-62
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    More about this item

    Keywords

    Innovation; management; crowdsourcing and management performance;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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