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The Challenge of Innovation for Employees

Author

Listed:
  • Cureteanu Radu Silviu

    (Aurel Vlaicu University, Arad)

  • Isac Florin Lucian

    (Aurel Vlaicu University, Arad)

  • Rusu Sergiu

    (Aurel Vlaicu University, Arad)

Abstract

Many companies try to create a centralized program for managing innovation. Usually innovation is delegated to the marketing or R&D department or sometimes a new function is created to manage innovation across the organization. Unfortunately such models for fostering innovation are insufficient and inefficient. Innovation is limited by the available talent, attention, insights and instincts of the managing group. They don’t allow a largely pool of talented and insightful employees to create and act on their ideas. We believe that a solution can be to create a system for stimulating potentially valuable ideas and managing the process of converting the best of them to innovations that have an impact on competitiveness.

Suggested Citation

  • Cureteanu Radu Silviu & Isac Florin Lucian & Rusu Sergiu, 2012. "The Challenge of Innovation for Employees," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 873-876, May.
  • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:12:p:873-876
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    More about this item

    Keywords

    knowledge management; competitive advantage; innovation.;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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