In the modern globalized world, innovation is a\nbasic prerequisite for economic development and the\npreservation of competitiveness. However, there is still\nno generally accepted definition of innovation or the\ninnovation process; individual authors use their own\ndefinitions, often formed from different concepts. This\npaper compares these definitions using methods of\nanalysis and synthesis, constructing its own conceptual\nframework of the innovation process reflecting the key\ncharacteristics that are identical or similar in many of the\ncompared definitions. When constructing a new\ndefinition and model, it is necessary to bear in mind that\ninnovation is not an isolated activity but rather an entire\nprocess or even sequence of processes. With true\ninnovation, every partial process must be successfully\ncompleted. This process as a whole becomes the starting\npoint for further research, measurement and the\nmanagement control of innovation performance under the\npostdoc research project ââ?¬Å?Innovation Process Performance\nAssessment: a Management Control System Approach in\nthe Czech Small and Medium-sized Enterprisesââ?¬Â No. 13-\n20123P of the Czech Science Foundation.
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