ROLE OF INNOVATION AND ITS SIGNIFICANCE IN THE FIRMS

Authors

  • Alireza Babaahmadi Department of Business Management, Rasht Branch, Islamic Azad University, Rasht, Iran
  • Marhamat Hemmat Poor Department of Education Management, Rasht Branch, Islamic Azad University, Rasht, Iran
  • Masoud Amoo Poor Department of Education Management, Rasht Branch, Islamic Azad University, Rasht, Iran

Abstract

In the today transformation world with too many changes and technological developments that have affect on the human life, organizations and countries can't continue your life without adapting to the external environment and moving towards create new ideas and their commercialization. Codification appropriate policies of innovation and following of them will cause been easier creation, development and adoption of innovations and in the communication and interaction with internal and external factors achieved best of Innovations.
The word innovation introduced first time by Schumpeter in 1930. In the definition of innovation should be said that innovation be introduced as an idea, product or process that is new for firm and refers to firm's tend to development of new elements or new combinations of existing elements from products, technologies or management practices.

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Published

2013-10-31

How to Cite

Alireza Babaahmadi, Marhamat Hemmat Poor, & Masoud Amoo Poor. (2013). ROLE OF INNOVATION AND ITS SIGNIFICANCE IN THE FIRMS. Singaporean Journal of Business Economics and Management, 2((10), 76–81. Retrieved from https://www.singaporeanjbem.com/index.php/SJBEM/article/view/225

Issue

Vol. 2 No. (10)

Section

Articles