Search results for "Innovation development"
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Innovation Process Affecting Factors in Latvian Companies
2021
Innovation development process in companies is described by several challenges. One major problem is that there is much confusion about what it takes to develop innovations and what factors affect the innovation development process. The paper focuses on innovation process’ affecting factors in Latvian market. The paper’s goal is to identify main factors that affect the innovation process the Latvian companies. After surveying 128 companies, authors concludes that many factors affects innovation process and none of them should be ignored. Following factors affect innovation process the most and therefore should be analysed more deeply: 1) The company’s own resources; 2) High employees knowle…
Innovating in the textile industry: An uncoordinated dance between firms and their territory?
2020
Considering the process of innovati on development, this paper aimed to examine the eff ect of diff erent dimensions of proximity and the level of coordinati on that exists in a texti le cluster. This study employed a qualitati ve method, based on indepth interviews that were conducted with two leading fi rms in a texti le cluster in Valencia, Spain, which is subject to intense competi ti on from producers in Asia. Firms were selected according to the criteria of innovati on development and opportunity. This is a pilot study that precedes a more ambiti ous one. The results suggested that fi rms' innovati ons are developed in an isolated, disconti nuous, marginal, and uncoordinated way, and …