The relationship between innovations and quality management system

Abstract

The paper is focused on analysis concerning Quality Management System (QMS) and innovation performance relationship in Montenegrin firms. In accordance with that we firstly present literature about innovations performance in ISO 9001 certified firms around the world. Some of these empirical studies prove a positive influence of ISO 9001 on innovation, while the others provide opposite results. In addition, we performed empirical analysis on data extracted from survey of Montenegrin firms. Using an Ordinary Least Square regression (OLS) we show that ISO 9000 certification influences innovation performance positively.

Keywords

• innovations performance
• ordinary least square regression (OLS)
• quality management system