Idea Management Systems in Developing Innovation Capacity

Elina Mikelsone (), Aivars Spilbergs (), Tatjana Volkova () and Elita Liela
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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

International Journal of Innovation and Technology Management (IJITM), 2022, vol. 19, issue 03, 1-22

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.

Keywords: Idea management systems; innovation capacity; innovation acceleration (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1142/S0219877022400016

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