Understanding innovation drive of leading Serbian companies

V Bojovic, L Pupovac, M Strugar - … Economics, and Business, 2010 - ageconsearch.umn.edu
V Bojovic, L Pupovac, M Strugar
Perspectives of Innovations, Economics, and Business, 2010ageconsearch.umn.edu
Innovation oriented business will lead to faster growth, increased market share and better
corporate positioning and thus is viewed as the prime strategy. The paper discusses the
effectiveness of innovation in chosen leading companies in Serbian market in confectionery,
dairy and meat processing industry. Companies, having more than 50 years of continuous
production are the absolute market leaders and pioneers in their industries. Understanding
their drive, sources of innovation and effectiveness is the concern of this paper.
Abstract
Innovation oriented business will lead to faster growth, increased market share and better corporate positioning and thus is viewed as the prime strategy. The paper discusses the effectiveness of innovation in chosen leading companies in Serbian market in confectionery, dairy and meat processing industry. Companies, having more than 50 years of continuous production are the absolute market leaders and pioneers in their industries. Understanding their drive, sources of innovation and effectiveness is the concern of this paper.
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