INTERNATIONAL JOURNAL OF BUSINESS RESEARCH, cilt.7, sa.2, ss.53-63, 2007 (Hakemli Dergi)
Most business companies confront very serious global challenges, and try to gain competitive advantages över other companies in today’s business vvorld. The toughest challenge tovvards the innovation process is directly related to the competitiveness and survival of an organizatioh. The purpose of this study is to investigate and evaluate the innovation management practices of large-scale manufacturing companies located in Turkey. To achieve this purpose, an evaluative study was conducted. The population for this study is the 500 largest manufacturing companies determined by the İstanbul Chamber of Industry every year in Turkey. We used systematic random sampling to select the companies. A sample size of 215 private sector companies was randomly drawn from the list of companies. State owned enterprises or companies were not included. Data were collected through questionnaire, and analyzed by SPSS program. The çuestionnaires vjere mailed to the selected companies and 129 questionnaires were returned (response rate of 60%). The principal findings of this study indicated that Turkish companies . mostly focused on the product and technology innovation, and implemented the incremental innovation projects. İt was also found that the most important obstacles to innovation were insufficient resources, individual actions and mismanagement of innovation process.