Innovations and ISO Standards Management in the Organizations

Radka Ivanova ()
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Radka Ivanova: University of Economics - Varna, Varna, Bulgaria

Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, 2022, vol. 11, issue 2, 39-46

Abstract: The turbulent environment in which organizations must function nowadays necessitates the continuous search for opportunities to innovate. Innovations require the availability of various resources, including knowledge, information, financial and organizational conditions, in order to be implemented. Building an innovation management system is of leading importance for achieving better results, increasing its advantages and strengthening the organization's place among its competitors on the market. The development, implementation and maintenance of such a system have the role of a framework for systematic innovation management practices. An important point is the quality level of the management system, which is why the International Organization for Standardization (ISO) is developing a special series of ISO standards based on CEN/TS 16555. The purpose of this article is to characterize the features of the ISO 56000 series of standards for innovation management in organizations and to bring their benefits into a strategic aspect.

Keywords: Innovation; ISO; Standards; Management; Organization (search for similar items in EconPapers)
JEL-codes: L15 O30 (search for similar items in EconPapers)
Date: 2022
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