The effort to know the degree of innovation in companies is fundamental, mainly due to the need to evaluate and manage this process with ways to promote competitive advantage.
Innovation is new ideas , policies, methods and procedures which is yet to be discovered...
If your company is going to manufacture any new products with innovative ideas totally different from others will be a successful one in the market... In the present scenario the market is only for the companies whose idea is different and lucid styles...
Business idea, knowledge creation, financial assistance, democratic leader are the key measure to be a successful metrics with the relevant appropriate statistical methods to test the hypothetical variation between the variables....