Rodyti trumpą aprašą

dc.contributor.authorKavaliauskė, Monika
dc.contributor.authorUrbonavičius, Sigitas
dc.contributor.authorBikas, Egidijus
dc.contributor.authorSaikevičius, Darius
dc.date.accessioned2024-06-05T05:50:23Z
dc.date.available2024-06-05T05:50:23Z
dc.date.issued2012
dc.identifier.isbn9786094571169en_US
dc.identifier.issn2029-4441en_US
dc.identifier.urihttps://etalpykla.vilniustech.lt/handle/123456789/154351
dc.description.abstractIn the complex business environment companies seek for new forms of successful operations, where innovations become very important success factor for business development. However, innovative activities might affect financial performance of a company in two ways: by increasing expenditure for re-quired investments and by increasing income due to inflows generated by new innovative products. Reffering to this context, the article examines financial performance of companies that are classified as innovative in comparison to traditional companies. The research is based on the determined characteris-tics of innovative companies, such as performance of research and development activities, technology commercialization, organizational flexibility, focus on market needs, specialization, integration of exist-ing knowledge and experiences, ability to reshape industry standarts, integration of different innovation aspects, investment into production and commercial processes, investment in employees’ training and de-velopment, concentration on knowledge sharing, innovative infomation transfer, emphasis on environ-mental and social problems, which enabled to select innovative enterprises from the top 300 companies in Lithuania. Various financial ratios (such as return on equity, return on assets, gross, operating and net profit margins and net debt) were analyzed for the two groups of companies and compared to determine whether innovations lead to better financial performance of a company, especially during economical downturn cycle. It was determined that profitability ratios selected for the research are significantly high-er in the group of innovative companies as compared to the sample of traditional enterprises.en_US
dc.format.extent6 p.en_US
dc.format.mediumTekstas / Texten_US
dc.language.isoenen_US
dc.relation.urihttps://etalpykla.vilniustech.lt/handle/123456789/154267en_US
dc.source.urihttp://old.konferencijos.vgtu.lt/bm.vgtu.lt/public_html/index.php/bm/bm_2012/paper/view/97en_US
dc.subjectinnovationsen_US
dc.subjectinnovative companiesen_US
dc.subjectinnovation managementen_US
dc.subjectenterprise managementen_US
dc.subjectfinancial performanceen_US
dc.titleInnovative and traditional companies: the main definitions and comparisonsen_US
dc.typeKonferencijos publikacija / Conference paperen_US
dcterms.accessRightsLaisvai prieinamas / Openly availableen_US
dcterms.accrualMethodRankinis pateikimas / Manual submissionen_US
dcterms.alternativeInternational economy: problems of innovation and marketing managementen_US
dcterms.issued2012-05-11
dcterms.references22en_US
dc.description.versionTaip / Yesen_US
dc.contributor.institutionVilnius Universityen_US
dcterms.sourcetitle7th International Scientific Conference “Business and Management 2012”en_US
dc.identifier.eissn2029-929Xen_US
dc.publisher.nameVilnius Gediminas Technical Universityen_US
dc.publisher.nameVilniaus Gedimino technikos universitetasen_US
dc.publisher.countryLithuaniaen_US
dc.publisher.countryLietuvaen_US
dc.publisher.cityVilniusen_US
dc.identifier.doihttps://doi.org/10.3846/bm.2012.050en_US


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