Employee Involvement in Innovation as a Source of Sustained Competitive Advantage

Peter Fatur and Borut Likar
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Peter Fatur: University of Primorska, Slovenia
Borut Likar: University of Primorska, Slovenia

Management, 2009, vol. 4, issue 3, 243-257

Abstract: The paper reports the results of a survey investigating the practices of idea management in Slovenian companies. Idea management is a formalized mechanism for the creation of inventions and their transformation into innovations in the widest range of employees – nonprofessional inventors, as a rule. The survey discusses factors influencing idea management and, consecutively, the invention-innovation capabilities of a company. Special attention is paid to organizational issues of idea management. The decentralized supervisor-managed system, where the predominant responsibility for implementing idea management is entrusted to each line manager, proves to be essentially more successful than the traditional, centrally-driven model.

Keywords: idea management; innovation; company; employee suggestion system (search for similar items in EconPapers)
Date: 2009
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http://www.fm-kp.si/zalozba/ISSN/1854-4231/4_302-304.pdf abstract in English (application/pdf)

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