Acta Univ. Agric. Silvic. Mendelianae Brun. 2010, 58, 563-570
Published online 2014-07-17

Evaluation of approaches to definition of innovations

Jakub Tabas, Josef Polák, Michaela Beranová

Ústav podnikové ekonomiky Mendelova univerzita v Brně, Zemědělská 1, 613 00 Brno, Česká republika

Currently innovations are necessary elements of economic growth and competitiveness of companies as well as they are necessary elements of global sustainable development. Even though it is possible to find a wide rouge of definitions of innovation but every one of them is based on different requirements. The aim of submitted article is to compare different approaches to definition of the content of innovation. The authors compare various definitions here and by use of analysis and synthesis, they determine important common elements which are possible to be found in various forms in a number of existing definitions. Then, these elements are compiled into own definition of the content of the term innovation.


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