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Idea Management Systems in Developing Innovation Capacity

Author

Listed:
  • Elina Mikelsone

    (Idea Innovation Institute, Ltd., Riga Technical University, BA School of Business and Finance, Krisjana Valdemara Street 161, Latvia)

  • Aivars Spilbergs

    (��BA School of Business and Finance, Krisjana Valdemara Street 161, Latvia)

  • Tatjana Volkova

    (��BA School of Business and Finance, Krisjana Valdemara Street 161, Latvia)

  • Elita Liela

    (��BA School of Business and Finance, Krisjana Valdemara Street 161, Latvia)

Abstract

This paper aims to identify the different idea management system (IMS) types impact on innovation capacity and to support companies in the selection of the most appropriate IMS approach. The main findings of the research indicate the following: First, the application of active IMS stimulates innovation culture more than the application of passive IMS. Second, the application of active IMS improves innovation potential more than the application of passive IMS. Third, the application of the internal IMS type provides higher innovation potential than the application of the external IMS type. Lastly, there is evidence that the application of active IMS accelerates innovation at a higher pace than the application of passive IMS.

Suggested Citation

  • Elina Mikelsone & Aivars Spilbergs & Tatjana Volkova & Elita Liela, 2022. "Idea Management Systems in Developing Innovation Capacity," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 19(03), pages 1-22, May.
    • Handle: RePEc:wsi:ijitmx:v:19:y:2022:i:03:n:s0219877022400016
    DOI: 10.1142/S0219877022400016
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    Cited by:

    1. Jevgenij Gladevich, 2023. "Assessment of the innovation potential of the selected regions," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 10(3), pages 22-43, March.

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