Forming a favourable environment for managing innovation in organization
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Abstract (EN)
The research on innovation had been a vast field that draws a lot of thinking and creativity. The condition necessary for forming a favorable environment in an organisation is just a light reflecting to proposed pathway a company can utilize to attaining success innovation. Innovation according to Austrian economist Joseph Schumpeter outlined in (The theory of economic development) where he proposed 5 types of innovation. Product, Process, Business, Source of supply, Mergers and divestment. There have been several work on innovation which lead to addition types of innovation. To understand the topic innovation, one must be able to comprehend component of innovation, Nature of innovation, the importance, Stages of Innovation, Pace of innovation, creativity in both organisation and individuals. The strategies we can use to motivate members. It will also be helpful if the role learning plays in innovation process is analyzed. The structure of an organisation is also a sure significant criteria for organisation's innovation. Innovatio strategy, cost minimization strategy, and Imitation strategy must also be well studied and understand their relevance effect to innovation process. In other to findout the conditions for forming innovation, a qualitative research was done using deductive and abductive method of reasoning. From previous works on this field, I was able to collate four conditions that favour innovation in an organisation: the importance of teamwork and the involvement of every employee, the importance of management participation, the importance of effective communication and information flow, the importance of an innovative culture. Driving through these condition, I went for an empirical Data were collection via questionnaire and interviews. It was conducted in both Twenty English and Turkish companies. Ground theory was used in the interpretation of datas. On analysis of my empirical datas, I foundout that all the previous four conditions from past literatures were very significant and had ties that strongly relates them with my empirical findings at both research geographical locations: Importance of teamwork and involvement of all employee, Importance of management participation, Importance of effective communication and information flow, Importance of an innovative culture. In concluding part, the result were all discussed and blended with each other. İt was realised that all the above four condition were interwoven and depended on each other. They had a very strong tie with eachother including the two new emerging condition I came-up with the "ımportance of the employees vocatıonal traınıng" and "importace of employee's role integratıon around specıaltıes and process rather than department"
Author
Akıntan Olumıde Oluayo
Institution
İstanbul Aydın University
Division of Business Administration
How to Cite
Akıntan Olumıde Oluayo (Master Thesis). Forming a favourable environment for managing innovation in organization, 2014, İstanbul Aydın University.
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