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Innovation Analysis Based On Scores At The Firm Level

Author

Listed:
  • Cătălin George ALEXE

    (University POLITEHNICA of Bucharest, Faculty of Entrepreneurship, Business Engineering and Management, Management Department)

  • Cătălina Monica ALEXE

    (University POLITEHNICA of Bucharest, Faculty of Entrepreneurship, Business Engineering and Management, Management Department)

  • Gheorghe MILITARU

    (University POLITEHNICA of Bucharest, Faculty of Entrepreneurship, Business Engineering and Management, Management Department)

Abstract

Innovation analysis based on scores (Innovation Scorecard) is a simple way to get a quick diagnosis on the potential of innovation of a firm in its intention to achieve the innovation capability. It aims to identify and remedy the deficient aspects related to innovation management being used as a measuring tool for the innovation initiatives over time within the innovation audit. The paper aims to present the advantages and disadvantages of using the method, and the three approaches developed over time. Therefore, the model proposed by the consulting firm Arthur D. Little in collaboration with the European Business School, Eckelmann's model and AGGB's local model are summarized and compared. At the end of the paper, several possible solutions are proposed to improve the way of analysis based on scores.

Suggested Citation

  • Cătălin George ALEXE & Cătălina Monica ALEXE & Gheorghe MILITARU, 2014. "Innovation Analysis Based On Scores At The Firm Level," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 3, pages 32-38, April.
    • Handle: RePEc:cmj:seapas:y:2014:i:3:p:32-38
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    More about this item

    Keywords

    The innovation capability at the firm level; The innovation analysis based on scores; The process of innovation;
    All these keywords.

    JEL classification:

    • 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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