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Annals of the University “Constantin Brâncuşi”of Tg-Jiu, No. 1/2008, Volume 2,<br />

ISSN: 1842-4856<br />

Surviving within the economic market depends mainly on the ability of innovation of any<br />

company, especially referring to all products and services that the company provides, and to the<br />

marketing and internal process. These could provide the increasing of the income and the reducing<br />

of the costs.<br />

But what happens in case the organization innovates and considers that it is enough to<br />

imitate other companies within the market? Almost inevitably, the market quotation of the company<br />

would lower and the competition could easily take advantage of that. The competition would<br />

instantly look up for solutions in order to satisfy their more and more sophisticated clients, and they<br />

would find ways to reduce the costs and come up with new marketing approach; and finally, they<br />

would succeed in eliminating the organization off the market.<br />

Innovation could be stimulated through innovation management programmes and<br />

implementation of creative methods and techniques. Thus, any company should come up with its<br />

own policy for stimulating organization innovation, and encouraging new valuable ideas and<br />

improving their implementation until they turn into trading “goods”.<br />

2. Innovation and Creativity Management (2)<br />

The transition from the market based on “supplier market” towards the economy based on<br />

“the customer market” has enabled the competitiveness become the key for success. No matter the<br />

size of the company, no matter the strategy for enabling the competitiveness, innovation must be a<br />

number-one concern of the executive management. Although, research is the engine of innovation,<br />

we have lately seen that it gets different shapes, starting with technological innovation up to<br />

management techniques and organization structures, finding new sources for supply or creating new<br />

marketing strategies. Step by step, specialists have become aware that the market is the inspiring<br />

source and the determining element for research-development. In order to make advantage of that<br />

“source of inspiration”, companies should come up with their own business solutions that could<br />

ensure a permanent interaction with the market. Capturing, distributing, securing and to re-using<br />

information, methods, and procedures involved within the innovation and creation process, it is an<br />

important step towards performance.<br />

3. Knowledge for innovation<br />

In order to come up with the best features which would refer to the need for company<br />

development, each company needs at least a number of conditions: dedicated stuff, the decisionmaking<br />

for enabling the process of learning and the appropriate tool – the technology – who should<br />

be used according to company strategies (established goals and objectives).<br />

Therefore, I find interesting a short story about a Caucasian teacher who has decided to be<br />

“paid” by the parents of his pupils: he should receive a bottle of brandy at the end of each month. At<br />

the end of the month, he has been surprised to see that the cask was filled with water instead of<br />

brandy. Each parent has thought that no one would see that he had filled the cask with water instead<br />

of brandy, since it would have been one bottle of water mixed up with brandy, but everyone else<br />

had tried to do the same thing. They all had wanted to win but, instead they had lost.<br />

The same is valid in case of information because very few people seem to be interested in<br />

revealing their professional “secrets” or methods/resources who allow any company to win a<br />

“competition” against other companies – to receive more public acknowledgement. Metaphorically<br />

speaking, no company desires to “provide” some other company with intellectual features without<br />

being secure that such actions would finally turn negative and harm the financial interest of the<br />

company itself.<br />

4. European innovation scoreboard, used by Eurostat (3,4)<br />

96

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