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The use of the balanced scorecard in evaluating the results of the innovations implemented in metallurgical companies

Research output: Contribution to journalArticlepeer-review

7 Citations (Scopus)

Abstract

Implementation of innovations is the main factor of development of companies’ competitiveness and effectiveness. Innovations result in creation of a value for both the client and the company. The article presents a method of evaluating the innovations implemented in industry which emphasises, on the background of qualitative changes, the measurable (quantitative) effects of various types of innovations. For the purpose of measuring the results of implemented innovations the Balanced Scorecard was used. The method developed by the authors of the paper was used to evaluate results of the innovations implemented in metallurgical companies.

Original languageEnglish
Pages (from-to)790-792
Number of pages3
JournalMetalurgija
Volume55
Issue number4
Publication statusPublished - 2016

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 9 - Industry, Innovation, and Infrastructure
    SDG 9 Industry, Innovation, and Infrastructure

Keywords

  • Balanced scorecard
  • Customer value
  • Innovations
  • Metallurgical company
  • Process of innovation

ASJC Scopus subject areas

  • Condensed Matter Physics
  • Mechanics of Materials
  • Metals and Alloys
  • Materials Chemistry

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