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The Importance of Enterprise Innovation
The significance of enterprise innovation lies in determining the development direction, scale and speed of the company.

The content of enterprise innovation includes almost every level of enterprise system. However, the innovative projects decided by the top management only involve major issues related to the survival and development of enterprises.

For example, when enterprises implement the strategy of improving competitiveness, the key point of their decision-making is to improve scale efficiency and enhance competitiveness. Moreover, it must be clear that the pursuit of "efficiency" rather than "scale" is to "improve efficiency" rather than "expand scale" and to enhance one's competitiveness. Therefore, the key factor of decision-making is efficiency, and the related issue is scale.

For high-level decision-making, innovation decision-making includes how to find the breakthrough point of innovation and predict the innovation opportunity; How to ensure market share, make decisions on various business activities based on innovation and improve market competitiveness; How to make the enterprise maintain a good organizational form through innovation, establish the best incentive mechanism, and stimulate the management decision of enterprise vitality.

Extended data

Enterprise innovation includes:

1, organizational innovation, any organization, after reasonable design and implementation, is not static. Like living things, they must constantly adjust and change with the changes of external environment and internal conditions in order to grow and develop smoothly and avoid aging and death.

2. Technological innovation is an innovation aimed at creating new technologies, or an innovation based on scientific and technological knowledge and the resources it creates. The former is to create a new laser technology, while the latter is to develop a new product or service based on the existing laser technology.

3、? Joseph schumpete, an economist of management innovation, first put forward the concept of "innovation" in 19 12. Innovation refers to the ability to synthesize various ideas in a unique way or to establish a unique connection between various ideas. Organizations that can stimulate creativity can constantly develop new ways of doing things and new ways to solve problems.

4. The strategy is based on the future, connected with the environment and based on the reality. It studies the future of enterprises. Innovation is the soul of a nation's progress and an inexhaustible motive force for a country's prosperity.

Baidu Encyclopedia-Enterprise Innovation