Relationships Between Organizations and Innovations Essay

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(a) What is the relationship between organizations and innovation? The research is aimed at defining the relationship between the two concepts that is innovation and organization, the concept innovation can be acquired and exploit by many organizations to achieve superior value. Mobbs C (2010), outline different definition constituting to innovation, one of the definition as stated by UK department of trade and industry (2004) defines innovation as “successful exploitation of new ideas”, Michael Porter (1990) further defines innovation as “A nation competitive advantage“ therefore innovation can be broadly defined and observed as a vital approach to achieve organizational goal and competitiveness.(Oxford dictionary;2005:1030) defines the…show more content…
(a) What is the relationship between organizations and innovation? The research is aimed at defining the relationship between the two concepts that is innovation and organization, the concept innovation can be acquired and exploit by many organizations to achieve superior value. Mobbs C (2010), outline different definition constituting to innovation, one of the definition as stated by UK department of trade and industry (2004) defines innovation as “successful exploitation of new ideas”, Michael Porter (1990) further defines innovation as “A nation competitive advantage“ therefore innovation can be broadly defined and observed as a vital approach to achieve organizational goal and competitiveness.(Oxford dictionary;2005:1030) defines the concept organization as a group of people who form a business together aiming at achieving a particular goal. Pakistan Journal of Psychological (2013) research studies reveals that innovation has a direct bearing on organization effectiveness, The journal further express the definition effectiveness as provide by Andersen (2006) as a degree to which an organizational achieve its goal. Pakistan Journal of Psychological (2013) research studies base the concept organizational effectiveness on theoretical subjective measures. One of the measures include organizational environment, thereof the organization has to exhibit a working environment that would allow employees to be creative and innovative, the journal further support working
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