Paper Title :Influence Of Research & Development On Business Model Innovation Capability

Author :Lovorka Galetic, Zeljko Vukelic

Article Citation :Lovorka Galetic ,Zeljko Vukelic , (2016 ) " Influence Of Research & Development On Business Model Innovation Capability " , International Journal of Management and Applied Science (IJMAS) , pp. 140-145, Volume-2,Issue-5

Abstract : Today's business conditions are marked by great progress in the areas of new technologies, new developments and a series of turbulent changes in all areas of operations. Under such conditions, research & development is facing new challenges, and has the task of creating new business solutions through various means of innovation. On the other hand, one of the ways an organization can create multiple business advantages during times of turbulent change is through the concept of business model innovation. This can be an insufficiently exploited source of future values. An empirical study established the existence of a significant correlation between these concepts, and confirmed the set hypotheses, showing that research & development can enable a company to possess a strong strategic tool in the sense of its for business model innovation capability. Keywords— Business Model Innovation Capability, Business Results, Innovation, Research and Development.

Type : Research paper

Published : Volume-2,Issue-5

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