Indicators for Measuring Outputs of Innovative Initiatives in the Czech Republic

This paper focuses on the identification of a set of KPIs that are used in Czech compa - nies to evaluate the outputs of innovative initiatives to maintain and improve organiza- tional performance as a goal of implementation of innovations. The empirical evidence is based on a q...

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Main Authors: Veronika Bumberová, František Milichovský
Format: Article
Language:English
Published: University of Finance and Administration 2016-12-01
Series:ACTA VŠFS
Subjects:
Online Access:https://is.vsfs.cz/auth/repo/5750/ACTA_VSFS_2_2016_bumberova_milichovsky.pdf
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author Veronika Bumberová
František Milichovský
author_facet Veronika Bumberová
František Milichovský
author_sort Veronika Bumberová
collection DOAJ
description This paper focuses on the identification of a set of KPIs that are used in Czech compa - nies to evaluate the outputs of innovative initiatives to maintain and improve organiza- tional performance as a goal of implementation of innovations. The empirical evidence is based on a quantitative data, gathered through an email by structured self-assessment tool (check-list) which yielded 194 qualified responses. For the analysis of gained data there was used factor analysis within evaluation by factorial loadings. Results of the factor analysis provide possible groups according their similarity of variability and create new variables. Observed indexes were verified by coefficient Cronbach’s alpha. Findings of the paper serve up suggestions, that especially financial performance indicators are statistical significant in market area and operation management.
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spelling doaj.art-b8b1035b827447aa8b8784bc9f2986d22022-12-22T00:48:18ZengUniversity of Finance and AdministrationACTA VŠFS1802-792X1802-79462016-12-01102/2016115125Indicators for Measuring Outputs of Innovative Initiatives in the Czech RepublicVeronika Bumberová0František Milichovský1Brno University of TechnologyBrno University of TechnologyThis paper focuses on the identification of a set of KPIs that are used in Czech compa - nies to evaluate the outputs of innovative initiatives to maintain and improve organiza- tional performance as a goal of implementation of innovations. The empirical evidence is based on a quantitative data, gathered through an email by structured self-assessment tool (check-list) which yielded 194 qualified responses. For the analysis of gained data there was used factor analysis within evaluation by factorial loadings. Results of the factor analysis provide possible groups according their similarity of variability and create new variables. Observed indexes were verified by coefficient Cronbach’s alpha. Findings of the paper serve up suggestions, that especially financial performance indicators are statistical significant in market area and operation management.https://is.vsfs.cz/auth/repo/5750/ACTA_VSFS_2_2016_bumberova_milichovsky.pdfinnovationkey performance indicatorsinnovation successoutputindustrial companiesCzech Republic
spellingShingle Veronika Bumberová
František Milichovský
Indicators for Measuring Outputs of Innovative Initiatives in the Czech Republic
ACTA VŠFS
innovation
key performance indicators
innovation success
output
industrial companies
Czech Republic
title Indicators for Measuring Outputs of Innovative Initiatives in the Czech Republic
title_full Indicators for Measuring Outputs of Innovative Initiatives in the Czech Republic
title_fullStr Indicators for Measuring Outputs of Innovative Initiatives in the Czech Republic
title_full_unstemmed Indicators for Measuring Outputs of Innovative Initiatives in the Czech Republic
title_short Indicators for Measuring Outputs of Innovative Initiatives in the Czech Republic
title_sort indicators for measuring outputs of innovative initiatives in the czech republic
topic innovation
key performance indicators
innovation success
output
industrial companies
Czech Republic
url https://is.vsfs.cz/auth/repo/5750/ACTA_VSFS_2_2016_bumberova_milichovsky.pdf
work_keys_str_mv AT veronikabumberova indicatorsformeasuringoutputsofinnovativeinitiativesintheczechrepublic
AT frantisekmilichovsky indicatorsformeasuringoutputsofinnovativeinitiativesintheczechrepublic