IDEAS home Printed from https://ideas.repec.org/a/tuz/journl/v20y2022i2p15-25.html
   My bibliography  Save this article

Perception Of Management Innovation As A Key Factor In Achieving Competitive Advantage In Companies In Bosnia And Herzegovina

Author

Listed:
  • Mirela Kljajic-Dervic

    (University of Bihac, Faculty of Economics, Bosnia and Herzegovina)

  • Zeljko Mateljak

    (University of Split, Faculty of Economics, Business and Tourism, Republic of Croatia)

  • Ema Buric

    (University of Zenica, Faculty of Economics, Bosnia and Herzegovina)

Abstract

Every company strives to achieve competitive advantage, which is why managers constantly seek new ways of reaching that goal. One of the best ways to gain competitive advantage is through innovation. In theory, innovation can be classified in numerous ways. Some of them include management innovation, which can simply be defined as the process of innovating what managers do. Despite the power of management innovation to propel a company to the level of excellence no other company can compete with, this research has showed that managers in Bosnia and Herzegovina (BiH) are not fully aware of its importance.

Suggested Citation

  • Mirela Kljajic-Dervic & Zeljko Mateljak & Ema Buric, 2022. "Perception Of Management Innovation As A Key Factor In Achieving Competitive Advantage In Companies In Bosnia And Herzegovina," Economic Review: Journal of Economics and Business, University of Tuzla, Faculty of Economics, vol. 20(2), pages 15-25, November.
    • Handle: RePEc:tuz:journl:v:20:y:2022:i:2:p:15-25
    as

    Download full text from publisher

    File URL: http://ef.untz.ba/wp-content/uploads/2023/05/2_ER_DOI_pp.15_22.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Kibaek Lee & Jaeheung Yoo, 2019. "How does open innovation lead competitive advantage? A dynamic capability view perspective," PLOS ONE, Public Library of Science, vol. 14(11), pages 1-18, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Víctor Hugo Nopo Olazabal & Niria Marleny Goni Avila, 2022. "Dynamic capabilities in sole proprietorships: theoretical model through grounded theory," Journal of International Entrepreneurship, Springer, vol. 20(4), pages 591-618, December.
    2. Jie Yang & Mingxing Yu, 2022. "The Influence of Institutional Support on the Innovation Performance of New Ventures: The Mediating Mechanism of Entrepreneurial Orientation," Sustainability, MDPI, vol. 14(4), pages 1-15, February.
    3. Robert Stanisławski, 2020. "Open Innovation as a Value Chain for Small and Medium-Sized Enterprises: Determinants of the Use of Open Innovation," Sustainability, MDPI, vol. 12(8), pages 1-24, April.
    4. Pablo Martínez de Miguel & Carmen De-Pablos-Heredero & Jose Luis Montes & Antón García, 2022. "Impact of Dynamic Capabilities on Customer Satisfaction through Digital Transformation in the Automotive Sector," Sustainability, MDPI, vol. 14(8), pages 1-19, April.
    5. Fatoki Olawale, 2021. "Innovative Behavior and Firm Competitive Advantage: The Moderating Effect of Environmental Dynamism," Foundations of Management, Sciendo, vol. 13(1), pages 159-170, January.

    More about this item

    Keywords

    management innovation; competitive advantage; Bosnia and Herzegovina;
    All these keywords.

    JEL classification:

    • J32 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tuz:journl:v:20:y:2022:i:2:p:15-25. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Senad Celikovic (email available below). General contact details of provider: https://edirc.repec.org/data/efutzba.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.