Skip to main content

The Importance of Education in Enhancing the Innovation Capacity in Serbia

  • Conference paper
  • First Online:
Industrial Engineering and Operations Management II (IJCIEOM 2018)

Part of the book series: Springer Proceedings in Mathematics & Statistics ((PROMS,volume 281))

Abstract

Innovation is seen as a critical driver of economic performance and essential instrument for business performance improvement of companies especially for emerging economies and economies in transition. Serbia is a country with innovation performance well below the EU27 average, and now it is challenged to keep the growth. To enhance innovation potential is not only about financial resources, it is also about appropriate skills and knowledge. Education can be one of the main pillars to help enhance innovation capacity since knowledge is a fundamental factor in the innovation and assimilation of new technologies. The role of Serbian higher educational institutions, in this process, is very important. On the one side, universities have to ensure appropriate education, but on the other side, companies should recognize the importance of educated professionals in the field of innovation. The aim of this paper was assessing the company’s needs for professionals in the field of innovation and how companies perceive the importance of education in this field. Based on the results, we proposed a set of competences that should be covered by the study program.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 149.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book
USD 199.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  1. Schumpeter, J.A.: The Theory of Economic Development. Cambridge, MA.: Harvard University Press, 1934

    Google Scholar 

  2. Myers, S., Marquis, D.: Successful industrial innovation: a study of factors underlying innovation in selected firms. Natl. Sci. Found. 69–17 (1969)

    Google Scholar 

  3. Drucker, P.: Innovation and Entrepreneurship. Harper Business (2006)

    Google Scholar 

  4. Trott, P.: Innovation Management and New Product Development, 5th edn. Edinburgh Gate, UK.: Pearson Education Limited (2012)

    Google Scholar 

  5. Schilling, M.: Strategic Management of Technological Innovation, 4th edn. New York, NY.: McGraw-Hill Education (2013)

    Google Scholar 

  6. Wingate: Wingate, Project Management for Research and Development-Guiding Innovation for Positive R&D Outcomes. CRC Press, Broken Sound Parkway, NW, FL (2015)

    Google Scholar 

  7. Midgley, D., Dowling, G.: Innovativeness: the concept and its measurement. J. Consum. Res. 229–242 (1978)

    Article  Google Scholar 

  8. Rogers, E.: Diffusion of Innovations, 4th edn. Free Press, New York (1995)

    Google Scholar 

  9. Furman, J., Porter, M., Stern, S.: The determinants of national innovative capacity. Res. Policy 31, 899–933 (2002)

    Article  Google Scholar 

  10. Milbergs, E., Vonortas, N.: Innovation metrics: measurement to insight. In White Paper of National Innovation Initiative, 21st Century Innovation Working Group, IBM corporation, 2005

    Google Scholar 

  11. Despotovic, D., Cvetanovic, S., Nedic, V.: Innovativeness and competitiveness of the Western Balkan countries and selected EU member states. Industrija 42(1), 27–45 (2014)

    Article  Google Scholar 

  12. Galunic, D., Rodan, S.: Resource recombinations in the firm: knowledge structures and the potential for Schumpeterian Innovation. Strateg. Manag. J. 19, 1193–1201

    Article  Google Scholar 

  13. INSEAD and WIPO, Global Innovation Index.

    Google Scholar 

  14. Tekic, Z., Borocki, J., Cosic, I.: O inovativnosti Srbije i regiona. In: Inovacije i preduzetništvo: alati za uspeh na tržištu EU, Belgrade, Serbia: Fakultet za ekonomiju, finansije i administraciju, Univerzitet Singidunum, 2012, pp. 15–31

    Google Scholar 

  15. Urbancova, H.: Competitive Advantage Achievement through Innovation and Knowledge. J. Compet. 5(1), 82–96 (2013)

    Google Scholar 

  16. T. Project: Mastering Innovation in Serbia through Development and Implementation of Interdisciplinary Post’graduate Curricula in Innovation Management. Identifying best practices in innovation management from EU (2014)

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Danijela Ciric .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2019 Springer Nature Switzerland AG

About this paper

Check for updates. Verify currency and authenticity via CrossMark

Cite this paper

Lalic, B., Ciric, D., Gracanin, D., Anisic, Z. (2019). The Importance of Education in Enhancing the Innovation Capacity in Serbia. In: Reis, J., Pinelas, S., Melão, N. (eds) Industrial Engineering and Operations Management II. IJCIEOM 2018. Springer Proceedings in Mathematics & Statistics, vol 281. Springer, Cham. https://doi.org/10.1007/978-3-030-14973-4_6

Download citation

Publish with us

Policies and ethics