Publication detail

Innovation Potential In Small And Medium Companies In The Czech Republic In The Segment Of Civil Engineering Industry

CEBÁKOVÁ, A. PUTNOVÁ, A.

Original Title

Innovation Potential In Small And Medium Companies In The Czech Republic In The Segment Of Civil Engineering Industry

Type

conference paper

Language

English

Original Abstract

Big pressure is caused by globalization and new trend of Industry 4.0 to improve entire aspects of firm’s activities. Latest statistical data are suggesting decreasing trend in innovative tendencies of firms, especially in the segment of small and medium enterprises in the Czech Republic. This is going against common knowledge that small and medium enterprises are usually considered as drivers force for innovation. Common obstacle for innovation stated by firms is the lack of finances. In this light it seems that organizational innovation can be the way for improving market position, increasing effectiveness and effectivity and also for creating better culture in firms.  There are still imperfections in current models of managing organization such as lack of stakeholder’s internal motivation, missing leaders and moral authorities, low capability to accept responsibility or small coherence in firms. Paper focuses on small and medium enterprises approach to organizational innovation in civil engineering industry. This industry can be considered as one of the most non transparent industry in the Czech Republic. It can be connected with instability of civil engineering industry coming from strong dependency on economic cycle and public investment. Building coherence, trust and loyalty in firm is more challenging in this segment. Factor which are influencing organizational innovation improving coherence in firms are evaluated through a case study.

Keywords

Innovation; organization; management; corporate culture

Authors

CEBÁKOVÁ, A.; PUTNOVÁ, A.

Released

16. 12. 2017

Publisher

ZU - UNIVERSITY OF ZILINA

Location

Zilina, Slovakia

ISBN

978-80-8154-212-1

Book

Globalization and Its Socio-Economic Consequences

Pages from

262

Pages to

267

Pages count

3122

URL

http://ke.uniza.sk/sites/default/files/content_files/part_i_final_3.pdf

BibTex

@inproceedings{BUT138580,
  author="Andrea {Cebáková} and Anna {Putnová}",
  title="Innovation Potential In Small And Medium Companies In The Czech Republic In The Segment Of Civil Engineering Industry",
  booktitle="Globalization and Its Socio-Economic Consequences",
  year="2017",
  pages="262--267",
  publisher="ZU - UNIVERSITY OF ZILINA",
  address="Zilina, Slovakia",
  isbn="978-80-8154-212-1",
  url="http://ke.uniza.sk/sites/default/files/content_files/part_i_final_3.pdf"
}