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Organizational Factors of Innovativeness in Serbian Enterprises

Author

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  • Pitić Goran

    (Belgrade Metropolitan University, FEFA Faculty, Serbia)

  • Vučković Aleksandar

    (Belgrade Metropolitan University, FEFA Faculty, Serbia)

Abstract

This paper analyses correlations between several organizational characteristics and product/process innovations in enterprises in Serbia. We used the World Bank Enterprise Survey data on 339 small, medium, and large companies from various industries. Many of the factors analysed in this study are consistent with theoretical conclusions in the literature on this topic and relate to organizational maturity. Also, factors such as the size of the company and the industry to which it belongs were analysed. For correlations testing, the Chi-square correlation coefficient and the Cramer’s V test were used. The analysis revealed correlations between innovativeness and many organizational characteristics. However, in some cases, contrary to theoretical claims, correlations were not confirmed. We found that the introduction of new products and/or processes in the company is influenced by business strategy, production targets, number of performance indicators monitored, establishment of quality management system, formal training programs for company’s full-time employees, ease of achieving the company’s production targets, level of awareness of management and employees about the company’s production targets, spending on research and development activities within the company, and acquisition of external knowledge, way of promoting non-managers in a company, time frame of the company’s production targets, company’s size and main market.

Suggested Citation

  • Pitić Goran & Vučković Aleksandar, 2021. "Organizational Factors of Innovativeness in Serbian Enterprises," Naše gospodarstvo/Our economy, Sciendo, vol. 67(2), pages 20-28, June.
    • Handle: RePEc:vrs:ngooec:v:67:y:2021:i:2:p:20-28:n:3
    DOI: 10.2478/ngoe-2021-0009
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    References listed on IDEAS

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    1. Fariborz Damanpour & Deepa Aravind, 2012. "Managerial Innovation: Conceptions, Processes, and Antecedents," Management and Organization Review, The International Association for Chinese Management Research, vol. 8(2), pages 423-454, July.
    2. Damanpour, Fariborz & Aravind, Deepa, 2012. "Managerial Innovation: Conceptions, Processes and Antecedents," Management and Organization Review, Cambridge University Press, vol. 8(2), pages 423-454, July.
    3. Jeffrey G. Covin & Morgan P. Miles, 1999. "Corporate Entrepreneurship and the Pursuit of Competitive Advantage," Entrepreneurship Theory and Practice, , vol. 23(3), pages 47-63, April.
    4. Marisa Smith & Marco Busi & Peter Ball & Robert Van Der Meer, 2008. "Factors Influencing An Organisation'S Ability To Manage Innovation: A Structured Literature Review And Conceptual Model," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 12(04), pages 655-676.
    5. Subramanian, A. & Nilakanta, S., 1996. "Organizational innovativeness: Exploring the relationship between organizational determinants of innovation, types of innovations, and measures of organizational performance," Omega, Elsevier, vol. 24(6), pages 631-647, December.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    innovativeness; corporate entrepreneurship; correlation analysis; organizational characteristics; Serbia;
    All these keywords.

    JEL classification:

    • C19 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Other
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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