Balanced Innovation Management Accounting: Reliable Evaluation and Planning Within the Innovation Process

Chapter

Abstract

Controlling of innovation is a crucial factor for the success of companies, particularly in the face of intense competition. However, one often encounters the inherent problem that innovation is difficult to plan extensively and readily predict. This poses the risk that the success of innovation is determined in an unrealistic manner. The concept of balanced innovation management accounting was developed in the KES-MI project to address this problem. The concept involves reliable evaluation and planning within the innovation process. Reliable identification and evaluation of activities that can be planned are emphasized as are innovation effects, which can be measured with relative precision. However, “soft” innovation effects, creative innovation work and flexible organization of innovation work are also equally considered. The balanced evaluation innovation scorecard and the balanced planning innovation scorecard form a framework for evaluation and planning. Drawing on an overview of innovation controlling, the chapter presents an outline of the concept and ends with an outlook.

Keywords

Customer Satisfaction Innovation Process Innovation Controlling Effect Category Innovation Project 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2012

Authors and Affiliations

  1. 1.Sozioökonomie der Arbeits- und Berufswelt, Philosophisch-Sozialwissenschaftliche FakultätUniversität AugsburgAugsburgGermany

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