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Innovative company profile: age, size and sources of financing

Szuper Katarzyna

Zeszyty Naukowe. Organizacja i Zarządzanie / Politechnika Śląska

2021

z. 153

485--494

Purpose: The purpose of this work is to presents the features of an innovative company, especially age, size and sources of financing. In addition, the paper shows the impact of these features on the company's innovation and the relationship between age, size and the available financing methods. Design/methodology/approach: Due to the cognitive nature of the article, the aim of the work will be achieved using the method of analyzing the literature on the subject. Literature studies include Polish and foreign publications. Findings: Innovations are the basis for the functioning of enterprises in competitive markets. Innovative enterprises are able to adapt to environmental conditions and quickly respond to the needs of consumers. The presented research confirms the positive relationship between the increasing size of the company and the growing level of innovation. In the case of the relationship between the development stage and innovation, it is indicated that younger companies are more inclined to implement innovations than mature ones. It is worth emphasizing that the degree of innovation of a company, in addition to its size and maturity, also depends on many other factors, including: type of innovation, enterprise, industry or business model. Originality/value: The article is a review of the literature on innovative company. This work can help entrepreneurs who want to innovate their companies and achieve long-term growth because it allows to understand the impact of a company's size and maturity on its level of innovation. Moreover, managers can find out what sources of capital they can use depending on the characteristic of their enterprise.

Leadership versus customer orientation in an innovative enterprise — a contribution to further exploration

Widelska U., Jeseviciute-Ufartiene L., Tuncikiene Z.

Engineering Management in Production and Services

2018

Vol. 10, no. 4

21--33

The consideration of the multidimensionality and multidirectionality of management science within the research process is currently a very important challenge. The search for dependencies and connections between leadership and customer orientation falls fully into the desired research trend. Both leadership and customer orientation are widely described within management science; however, the connections and dependencies which occur between them still require further, in-depth exploration and knowledge concerning leadership and customer orientation needs to be systematised. This article aims to identify further directions of study into leadership and customer orientation in an innovative company. Additional goals include the systematisation of knowledge regarding customer-oriented leadership and the formulation of research hypotheses which will become the starting point for future studies. The conclusions are supported by the results of a quantitative study which applied the CAWI method to a group of 204 business leaders from North-East Poland. The article presents the results of the preliminary research realized as part of a research grant from the National Science Centre entitled “Leadership and customer orientation in an innovative enterprise”. The results of the conducted research show that customer orientation among business leaders is not uniform and depends on the size of their company, the style of management and the type of innovation implemented by their enterprise.