Innovation Capacities as the Key to Survival – A Case Study in Serbia
Abstract
The innovation of companies is of vital importance because it allows them to penetrate markets and provides better connections with emerging markets, which can lead to greater
opportunities. Measuring innovation is an important activity both for theoretical and practical
tests. This paper presents research on the innovation capacities of small and medium enterprises in Serbia according to the model consisting of 21 dimensions. The observed sample consists of
106 companies, of different sizes, whose activities are grouped into production and service activities. Similarities and differences in the innovative capacities of companies concerning their activity and in relation to their size were analyzed. The results of the research indicate the main problems that small and medium-sized enterprises are facing in order to improve their innovative capacities such as the market horizon, inadequate management systems, short-term planning, and
insufficient connectivity with partners and acade...mia.
Keywords:
Innovation / Innovation capacities / Attitude towards changeSource:
Balkans Journal of Emerging Trends in Social Sciences, 2022, 5, 2, 115-124Publisher:
- Association of Economists and Managers of the Balkans – UdEkoM Balkan
Funding / projects:
- Ministry of Education, Science and Technological Development of the Republic of Serbia
Collections
Institution/Community
Inovacioni centarTY - JOUR AU - Vučetić, Ivana AU - Kirin, Snežana PY - 2022 UR - https://machinery.mas.bg.ac.rs/handle/123456789/7424 AB - The innovation of companies is of vital importance because it allows them to penetrate markets and provides better connections with emerging markets, which can lead to greater opportunities. Measuring innovation is an important activity both for theoretical and practical tests. This paper presents research on the innovation capacities of small and medium enterprises in Serbia according to the model consisting of 21 dimensions. The observed sample consists of 106 companies, of different sizes, whose activities are grouped into production and service activities. Similarities and differences in the innovative capacities of companies concerning their activity and in relation to their size were analyzed. The results of the research indicate the main problems that small and medium-sized enterprises are facing in order to improve their innovative capacities such as the market horizon, inadequate management systems, short-term planning, and insufficient connectivity with partners and academia. PB - Association of Economists and Managers of the Balkans – UdEkoM Balkan T2 - Balkans Journal of Emerging Trends in Social Sciences T1 - Innovation Capacities as the Key to Survival – A Case Study in Serbia EP - 124 IS - 2 SP - 115 VL - 5 DO - 10.31410/Balkans.JETSS.2022.5.2.115-124 ER -
@article{ author = "Vučetić, Ivana and Kirin, Snežana", year = "2022", abstract = "The innovation of companies is of vital importance because it allows them to penetrate markets and provides better connections with emerging markets, which can lead to greater opportunities. Measuring innovation is an important activity both for theoretical and practical tests. This paper presents research on the innovation capacities of small and medium enterprises in Serbia according to the model consisting of 21 dimensions. The observed sample consists of 106 companies, of different sizes, whose activities are grouped into production and service activities. Similarities and differences in the innovative capacities of companies concerning their activity and in relation to their size were analyzed. The results of the research indicate the main problems that small and medium-sized enterprises are facing in order to improve their innovative capacities such as the market horizon, inadequate management systems, short-term planning, and insufficient connectivity with partners and academia.", publisher = "Association of Economists and Managers of the Balkans – UdEkoM Balkan", journal = "Balkans Journal of Emerging Trends in Social Sciences", title = "Innovation Capacities as the Key to Survival – A Case Study in Serbia", pages = "124-115", number = "2", volume = "5", doi = "10.31410/Balkans.JETSS.2022.5.2.115-124" }
Vučetić, I.,& Kirin, S.. (2022). Innovation Capacities as the Key to Survival – A Case Study in Serbia. in Balkans Journal of Emerging Trends in Social Sciences Association of Economists and Managers of the Balkans – UdEkoM Balkan., 5(2), 115-124. https://doi.org/10.31410/Balkans.JETSS.2022.5.2.115-124
Vučetić I, Kirin S. Innovation Capacities as the Key to Survival – A Case Study in Serbia. in Balkans Journal of Emerging Trends in Social Sciences. 2022;5(2):115-124. doi:10.31410/Balkans.JETSS.2022.5.2.115-124 .
Vučetić, Ivana, Kirin, Snežana, "Innovation Capacities as the Key to Survival – A Case Study in Serbia" in Balkans Journal of Emerging Trends in Social Sciences, 5, no. 2 (2022):115-124, https://doi.org/10.31410/Balkans.JETSS.2022.5.2.115-124 . .