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Successful innovation by motivation

    Petra Koudelková Affiliation
    ; František Milichovský   Affiliation

Abstract

Innovation is one of the most important factors for business growth. Human capital plays a significant role in the successful process of innovation. This article deals with employee motivation in the innovation process and the main scientific aim of this study is to present results of research that was undertaken in the Czech Republic at the beginning of 2013. Questionnaires were used for the survey and statistical analyses such as Chi square test or Hierarchical cluster analysis were used for data processing. This study also provides a theoretical and practical overview of business innovation in the Czech Republic.

Keyword : small and medium enterprises, business growth, entrepreneur, innovation, motivation, incentives

How to Cite
Koudelková, P., & Milichovský, F. (2015). Successful innovation by motivation. Business: Theory and Practice, 16(3), 223-230. https://doi.org/10.3846/btp.2015.472
Published in Issue
Oct 1, 2015
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