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Strategic Enterprise Management for Innovative Companies: The Last Decade of the Balanced Scorecard

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  • Doruk Sen
  • Sakir Bingol
  • Ozalp Vayvay

Abstract

Setting corporate vision, strategy, and associated unit-based strategic goals are crucial for any company to create and to sustain the competitive advantage. This concept has been frequently discussed in theory and practice. The case is no different from the innovation perspective of enterprises. Therefore, this article is aimed at exploring the integration of balanced scorecard into innovative strategic management, providing a framework of interrelated issues based on the existing literature and application areas in this research field. Along with the brief review of innovation based strategic management, which includes 13 peer reviewed journal articles; 8 book chapters, 41 peer-reviewed scientific journal articles, including a content analysis, was conducted to show the last ten years of the balanced scorecard approach from the innovation perspective. The literature review revealed that: (1) the number of related publications on the topic is showing similarity over the last few years; (2) the explored research field has been mainly grounded on balanced scorecard research, but has also been enriched by innovation perspective; and (3) there are wide range of industry applications based on innovation conducted for the balanced scorecard approach. The literature review provides a summary of the most important issues that emerged in this field which can shed lights on the new opportunities and challenges for further research.

Suggested Citation

  • Doruk Sen & Sakir Bingol & Ozalp Vayvay, 2017. "Strategic Enterprise Management for Innovative Companies: The Last Decade of the Balanced Scorecard," International Journal of Asian Social Science, Asian Economic and Social Society, vol. 7(1), pages 97-109.
    • Handle: RePEc:asi:ijoass:v:7:y:2017:i:1:p:97-109:id:2861
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    Cited by:

    1. Dhekra Ben Amara & Hong Chen, 2021. "The impact of participative decision-making on eco-innovation capability: the mediating role of motivational eco-innovation factors," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(5), pages 6966-6986, May.
    2. Ahmad Raflis Che Omar & Mohd Yahya Mohd Hussin & Fidlizan Muhammad, 2019. "Assessing Strategic Orientation and Mosques Performance," Research in World Economy, Research in World Economy, Sciedu Press, vol. 10(5), pages 30-35, December.
    3. Adilson Carlos Yoshikuni & Rajeev Dwivedi & Ronaldo Gomes Dultra-de-Lima & Claudio Parisi & José Carlos Tiomatsu Oyadomari, 2023. "Role of Emerging Technologies in Accounting Information Systems for Achieving Strategic Flexibility through Decision-Making Performance: An Exploratory Study Based on North American and South American," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 24(2), pages 199-218, June.
    4. Adilson Carlos Yoshikuni & José Eduardo R. Favaretto & Alberto Luiz Albertin & Fernando de Souza Meirelles, 2018. "The Influences of Strategic Information Systems on the Relationship between Innovation and Organizational Performance," Brazilian Business Review, Fucape Business School, vol. 15(5), pages 444-459, September.
    5. Yoshikuni, Adilson Carlos & Albertin, Alberto Luiz, 2017. "Capacidade dinâmica de TI e desempenho: Um estudo empírico do modelo BSC," RAE - Revista de Administração de Empresas, FGV-EAESP Escola de Administração de Empresas de São Paulo (Brazil), vol. 57(3), May.

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