MANAGEMENT CONTROL IN MAKING INNOVATION: A STUDY OF PROCESS AND IMPACT IN NTREPRENEURIAL ORGANIZATION

Several researches show that management control is a tool for strategy formulating and at the same time for its implementation. Innovation is a strategy for organization. Therefore management control is a tool to make innovation. The purpose of this research was presenting how management control played an important role in the innovation process. Qualitative approach was used with a single case study in the Accounting Department of an Entrepreneurial University. Several methods were used to collect data such as interview, observation, and documentation. The result showed that the combination of management control was able to make innovation. Several issues emerged such as organization context, organization purpose, behavior, and other aspects regarding the implementation of management control mechanisms. This research also examined the process of innovation, and innovation impact on students and lecturer