RELATIONSHIP BETWEEN INNOVATION, ORGANIZATIONAL AND INTERORGANIZATIONAL CHANGE

Alexandru-Marius Rizescu and George Bucata
Additional contact information
Alexandru-Marius Rizescu: Nicolae Balcescu Land Forces Academy, Sibiu, Romania
George Bucata: Lucian Blaga University, Sibiu, Romania

Annals - Economy Series, 2020, vol. 3, 65-70

Abstract: Managers need to encourage creativity and capture team ideas when designing the strategic approach Essential to Growth and Competitiveness, business manager actions must be in line with their intentions. In many organizations, innovation occurs through statements designed to change the world, but ends in abandonment. In order to keep the company competitive on the market, promoting an organizational culture based on innovation is the key to ensuring success. Admitting that innovation means generating value from ideas, resulting in a different way of acting and producing better things(products, services, processes), we believe ideas are vital to the development of any innovation. Successful and fastest growing companies are those companies that use innovative solutions in their current business, and that is why a significant proportion of their revenue is generated by new or improved products and services.

Keywords: organizational innovation; organizational change; interorganizational change; innovation change; innovative solutions. (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.utgjiu.ro/revista/ec/pdf/2020-03/08_Rizescu.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2020:v:3:p:65-70

Access Statistics for this article

More articles in Annals - Economy Series from Constantin Brancusi University, Faculty of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Ecobici Nicolae ( this e-mail address is bad, please contact ).