A regressive analysis of relations between innovation and business sophistication under a quality management holistic approach

Authors

  • Dr. Enriko Ceko Canadian Institute of Technology Faculty of Economy Business Administration and Information

DOI:

https://doi.org/10.59380/crj.v1i1.641

Abstract

My goal in conducting this study is to present strong connections between innovation and business sophistication, worldwide, since innovation and business sophistication issues, related to quality and quality management too, have been subject to increasing interest all around the world. The methodology of the research was collecting data and information about the innovation index and business sophistication worldwide and describing the newly introduced ISO 56000 family of standards, handling descriptive statistics for innovation index and business sophistication as well as a correlation and regressive analysis (inferential statistics) for relations between innovation index and business sophistication, which resulted on the main conclusion of this study that relations between innovation and business sophistication, statistically verified, are strong, so ISO 56000 standards family application is needed in the time of business sophistication, achieving competitive advantage. The main recommendation is that application of ISO standards generally and the application of the ISO 56000 family of standards helps companies to strengthen their commitment to their clients, improving innovation and business sophistication activities, processes and procedures, and economies worldwide to achieve a competitive advantage.

Keywords:

Innovation, business sophistication, ISO standards, quality, quality management, competitive advantage.

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Author Biography

Dr. Enriko Ceko, Canadian Institute of Technology Faculty of Economy Business Administration and Information

Enriko CEKO holds a Post-Doctoral Diploma (2022-La Laguna University. Tenerife. Spain), Ph.D. diploma in Management (2005 - Faculty of Economy, Tirana University, Albania), graduated bachelor and master the Agronomy (1989–Agriculture University, Tirana), Economy (1996-Agriculture University, Tirana), Law (2002–Tirana University), MBA (2000-Tirana University & Nebraska Lincoln University), with about 33 years of working experience and about the same experience lecturing, specialized on about 45 training courses (Albania, USA, UK, Israel, Germany, Austria), Senator of World Business Angels and Investments Forum, Lecturer at WBAF Business School, and at LMC-London Metropolitan College, N.R.Macedonia, author of around 40 scientific articles, participating in more than 80 international scientific conferences, author of “Total Quality Management”, “Quality Management Tools”, “Planning, Organizing & Controlling Quality Tools”, “Managing Agribusiness Firms”, “Tourism and Hospitality Management”, “Academic writing”, “Business and Administrative communication”, “Small theatre, big theatre”, “Where Albanian economy is going”, “100 years of economic, trade and business relations between UK and Albania”, “100 years of diplomatic relations between UK and Albania” books, his work focuses on lecturing (mainly economics & managerial disciplines), public & private organizations consultancy, ISO Standards included, heading several NGO’s, as well as participating in civic society activities, etc.

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Published

2023-02-23

How to Cite

Ceko, E. (2023). A regressive analysis of relations between innovation and business sophistication under a quality management holistic approach. CRJ, 1(1), 40–55. https://doi.org/10.59380/crj.v1i1.641

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