Publication detail

Innovation Scorecard: Conceptual Framework of Innovation Management Control System

ŽIŽLAVSKÝ, O.

Original Title

Innovation Scorecard: Conceptual Framework of Innovation Management Control System

Type

journal article - other

Language

English

Original Abstract

The paper proposes on the basis of literature review and empirical research an original management control system approach to assessment of innovation performance on a micro-level suitable for Czech business environment, called the Innovation Scorecard. Since only few recent studies provide an attempt to develop a balanced framework for innovation, the core of this conceptual framework is based specifically on project management, Balanced Scorecard, input–process–output–outcomes model and Stage Gate approach. First, the impact of innovation on corporate performance is highlighted. Then current situation in the field of innovation performance measurement and management control in the Czech manufacturing industry is presented. Initial research hypotheses are tested based on these results as well. Thereafter the basic structure of the Innovation Scorecard is presented and its phases are discussed. In addition, the Innovation Scorecard framework provides a set of inspiration metrics to choose from or be inspired by.

Keywords

Innovation, performance measurement system, management control, innovation scorecard

Authors

ŽIŽLAVSKÝ, O.

Released

3. 2. 2017

Publisher

GBATA

Location

New York

ISBN

1553-5495

Periodical

Journal of Global Business and Technology

Year of study

podzim

Number

12

State

United States of America

Pages from

10

Pages to

27

Pages count

18

BibTex

@article{BUT130730,
  author="Ondřej {Žižlavský}",
  title="Innovation Scorecard: Conceptual Framework of Innovation Management Control System",
  journal="Journal of Global Business and Technology",
  year="2017",
  volume="podzim",
  number="12",
  pages="10--27",
  issn="1553-5495"
}