Alireza Khorakian, Mostafa Jahangir
Innovation is widely considered as an important factor for competitiveness and has been a focus of research for decades (Szabo, Soltés, & Herman, 2013). Innovation is very important for organizations and companies, because it helps them to gain a constant competitive advantage in today’s uncertain environment; and they can dominate their rivals (Teigland, Di Gangi, Flåten, Giovacchini, & Pastorino, 2014). Organization have to innovate in order to survive (Bowers & Khorakian, 2014). Because of rapid changes and intense competition in IT industry, IT companies need more innovation to grow and survive. Those companies who cannot present innovative products and services to the market constantly will definitely lose (Constantinides, 2013). One can refer to such kinds of companies as AOL, WebTV, Napser, Alta Vista, Nokia, Fairchild and Palm Computing (Bouman, 2010).
Julius Janáček, Dan Šťastný
The economic science has for centuriesanchored its endeavor to understand decisionmakingpatterns of people in explicit or implicitassumptions of utility maximization. And yet,for most of that time the utility remained anempty box, devoid of any content. The termutility was a scholarly short-hand for whateverpeople want to achieve and remained vague fora reason: in recognition of the subjective natureof what human preference it was designedto accommodate just about anything, and itwas after all considered none of economists’business to speculate about its precise content.