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Global Organizational Innovation Strategy

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  • Yezdi H. Godiwalla

Abstract

Global innovation strategy makes a global (or international) organization more competitive and contributes to long term growth. A focus on newer trends and approaches in the technology and internal and external organizational processes would help the innovative and entrepreneurial spirit and endeavor. The proper organizational entrepreneurial goals, strategy and culture would generate greater connectedness with the relevant task environments for the global organization to explore and subsequently pursue newer product and services. Altogether, the integrated global sharing, joint experimentation among its subsidiaries and their combined innovation effort, the well-interfaced global supply chain’s innovative endeavors, and the well-planned and systematic innovation strategy, together would spur greater global competitiveness and growth. It is a combined global approach that would effectively generate innovation.

Suggested Citation

  • Yezdi H. Godiwalla, 2018. "Global Organizational Innovation Strategy," International Journal of Social Science Studies, Redfame publishing, vol. 6(8), pages 45-53, August.
    • Handle: RePEc:rfa:journl:v:6:y:2018:i:8:p:45-53
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    References listed on IDEAS

    as
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    2. Julian Birkinshaw, 1999. "The Determinants and Consequences of Subsidiary Initiative in Multinational Corporations," Entrepreneurship Theory and Practice, , vol. 24(1), pages 9-36, October.
    3. Greco, Marco & Grimaldi, Michele & Cricelli, Livio, 2016. "An analysis of the open innovation effect on firm performance," European Management Journal, Elsevier, vol. 34(5), pages 501-516.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    international management; innovation in international business; global innovative strategy; organized innovation in global organizations;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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