Essay on Management
The Development and Implementation of Marketing Information System Within Innovation: The Increasing of Innovative Performance
Brno University of Technology Czech Republic 1. Introduction
In his work, a prominent Czech expert on innovations, (Valenta, 2001), reached the conclusion that current tougher and tougher competition, globalization of production and markets, as well as implementation of new technologies mean that the success of businesses is dependent on effectiveness and intensity of innovation activities. Innovation is a process that is created via interactions between various actors, e.g. (Dolourex, 2004) and represents an important element of a company's future success. Each innovation is unique and …show more content…
Entrepreneurship – Creativity and Innovative Business Models
However, without putting innovations on the market, the implementation process is not complete and, therefore, innovation cannot be considered realized. Therefore, activities related to preparation of the market and relevant marketing activities for promotion of a new product have to take place in parallel with solution of technical problems. Even though a prepared product is technically perfect, there is no guarantee that people will accept it and utilize it in the long term. Therefore, if innovation should be successful, it has to be not only feasible, but also its result, the new product, has to be marketable. It has to catch the interest of customers and invoke their willingness to buy this product. Therefore, an important aspect affecting the perception of its output, e.g.