|Title||The Interrelationships Between Quality Management Practices And Their Effects On Innovation Performance|
|Publication Type||Conference Proceedings|
|Year of Publication||2014|
|Authors||Durakovic, B, Basic, H, Muhic, H|
|Conference Name||18th International Research/Expert Conference ”Trends in the Development of Machinery and Associated Technology”, TMT 2014. Proceedings.|
|Date Published||September, 2014|
Quality improvement initiatives have positive results in cost reduction, increased productivity andprovide competitive advantages inthe marketplace. However, the question is whether the concept ofquality and innovation are complementary or competing strategies. Are there specific approaches inthe implementation of quality systems that provide satisfactory results on both sites? Performances ofanalyzed companies suggest that quality is necessary but insufficient in business today. The primarypurpose of this study is to explore the relationship and mutual influence between quality managementpractices and innovation performances. Thefindings suggest that there are areas with positiverelationships between these two strategies that managers can focus to improve innovation performance.