Factors Affecting Innovation Practice-A Case of Wonji/shoa Sugar Factory

Abstract

In recent years the innovation paradigm has gained great attention in research on innovation and strategic management. Current research indicates that many firms are gaining their competitive advantage from the technologies in the innovation which is basic source of competition and development. Therefore strategically managing the innovation practice and knowing the influencing factors should lead to better business performance and success. To this effect, the study investigates organizational innovation capabilities and limitations, tend in innovation practice, factors influencing innovations, and forward the recommendations based on the result of findings in case of wonji/shoa sugar factory. In addition the study will investigate the reason behind the inconsistent results of creativity and innovation practice in wonji/shoa sugar factory.