MEASUREMENT OF ORGANIZATIONAL INNOVATION - IN SEARCH FOR THEORETICAL FRAMEWORK

In an increasingly globalised economy organizational innovations are considered to be highly important factor for the company to develop and be competitive. Organizational innovations take place in companies in different fields and parts of the world but to perform organizational innovations in the company it is necessary to identify the right indicators. Accordingly a number of recent papers in the literature for managers and scientists it is a challenge to search the perfect metric as organizational innovation measurement is a very difficult task to perform and they have different forms what is the main problem in recent studies. Recent studies have pointed out several points necessary for the analysis data usable not only for analysis itself but for the policy making as well; and measurement framework to capture the organizational innovations. This paper combines different definitions of organizational innovations applicable with the system approach, looking at different metrics, coming to the conclusion that for development of effective innovation measurement it is needed to develop a conceptual framework for the statistical measurement. The purpose of this paper is to illustrate information that would help to understand the concept of organizational innovation and how it can be measured in different ways, in case different metrics are developed. This paper assesses developments in currently performed studies looking at measurement of organizational innovation based on recent issue of Oslo manual and studies in Europe to create theoretical framework for further studies. Results can be used for measuring organizational innovation more effectively as well as implementation of organizational innovations.