Economics & Sociology

ISSN: 2071-789X eISSN: 2306-3459 DOI: 10.14254/2071-789X
Index PUBMS: f5512f57-a601-11e7-8f0e-080027f4daa0
Article information
Title: The Use of Financial and Nonfinancial Measures within Innovation Management Control: Experience and Research
Issue: Vol. 9, No 4, 2016
Published date: 12-2016 (print) / 12-2016 (online)
Journal: Economics & Sociology
ISSN: 2071-789X, eISSN: 2306-3459
Authors: Ondrej Zizlavsky
Keywords: financial measures, nonfinancial measures, management control, innovation scorecard
DOI: 10.14254/2071-789X.2016/9-4/3
Index PUBMS: 2a6cc139-0209-11e8-94c4-fa163e5d4f72
Language: English
Pages: 41-65 (25)
JEL classification: C18, D22, M21, O32, P47

The paper deals with the issue of innovation performance measurement and management control and takes as its starting point the current state of affairs and specific conditions arising from today’s business environment. Based on the findings from long- term empirical research carried out under the auspices of the Faculty of Business and Management, Brno University of Technology and Czech Scientific Foundation it provides an overview of the issues related to innovation performance measurement and management control. On the basis of desk-based research and empirical studies, a management control system approach to innovation performance measurement suitable for Czech business environment called the Innovation Scorecard is being proposed.