Title Entrepreneurship as the basic element for the successful employment of benchmarking and business innovations /
Translation of Title Antreprenerystė kaip pagrindinis geriausios praktikos metodo taikymo bei verslo inovacijų sėkmės veiksnys.
Authors Petuskiene, Edita ; Glinskiene, Rasa
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Is Part of Inžinerinė ekonomika = Engineering economics.. Kaunas : Technologija. 2011, vol. 22, iss. 1, p. 69-77.. ISSN 1392-2785. eISSN 2029-5839
Keywords [eng] benchmarking ; best practice method ; entrepreneurship ; business improvement ; innovations
Abstract [eng] Innovation has become the base of the growth and competitiveness in the global economy. Every enterprise, endeavouring to survive and keep the necessary flexibility in a complicated economic latter-day situation has to be creative and innovative. Benchmarking can be taken as an expedient tool for the implementation of innovative and tried processes or methods in an organization. Unfortunately, this tool doesn’t come up with expectations, if it is employed by the ill-prepared organization, which is stick to conservatism, formalism and avoidance of risk. In other words, a special culture, stimulating changes, proactivenes is necessary for the successful results of the benchmarking use. Entrepreneurial enterprises distinguish themselves for their ability to tolerate risk and ambiguity, promote creativity, improvement and innovativeness. So, entrepreneurship can be described as the basic element for success in the process of the creation of innovations using benchmarking. [...].
Published Kaunas : Technologija
Type Journal article
Language English
Publication date 2011
CC license CC license description