Methodological Aspects of Measuring the Innovation Maturity of Enterprises - Proposal of the Author’s Own Innovation Maturity Model

Monika Inkow
European Research Studies Journal, Volume XXVIΙ, Issue 3, 499-510, 2024
DOI: 10.35808/ersj/3444

Abstract:

Purpose: The purpose of this paper is to present ways of measuring the innovation maturity of enterprises from the point of view of innovation maturity models, and to present the author’s own model that enterprises could use on their own. Design/Methodology/Approach: The first part of the article presents a short summary of literature studies on existing innovation maturity models. In the second part, the author presents her own innovation maturity model and the results of the research that was conducted in IT enterprises located in the Lubusz Voivodeship in Poland. Findings: The proposed innovation maturity model works well as a tool for self-assessment of enterprises, but unfortunately, it has some flaws as well. Firstly, due to the fact that the research was conducted only on a sample of IT enterprises, its applicability to other industries has not yet been determined, and additionally, the measurement of the innovation maturity model carried out in the form of self-assessment may be unreliable if it is not carried out in a reliable and objective manner. Practical Implications: The innovation maturity model proposed in the research can be successfully used by enterprises to measure their level of maturity; additionally, the proposed innovation maturity matrix gives directions to entrepreneurs in which areas they should make changes in order to move to a higher level of innovation maturity. It is therefore not only a tool for identifying changes in the level of innovation maturity, as some of the existing models, but also a tool containing certain recommendations for business practice allowing to increase the level of innovative capabilities and, consequently, the level of innovation maturity. Originality/Value: The paper presents a new tool for measuring the innovation maturity of enterprises. The tool is easy to use and, unlike many existing models, it indicates in which areas the company should make changes in order to develop its innovation maturity.


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