The Effect of Innovation Activities on Innovation Output in Russian Industrial Enterprises

2021 ◽  
pp. 118-126
Author(s):  
Yuliya A. Agunovich
Keyword(s):  
Industrial Enterprises ◽  
Innovation Activities ◽  
Innovation Output

She-E-Os and innovation: do female CEOs influence firm innovation?

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Hafiz Mustansar Javaid ◽  
Qurat Ul Ain ◽  
Antonio Renzi
Keyword(s):  
Financial Constraints ◽  
Ordinary Least Squares ◽  
State Ownership ◽  
Corporate Environment ◽  
Firm Innovation ◽  
Content Type ◽  
Innovation Activities ◽  
Female Ceos ◽  
Innovation Output ◽  
The Impact

PurposeThis paper empirically investigates whether female CEOs (She-E-Os) have an effect on firm innovation among Chinese listed firms based on patent data. This study also delved further by looking at whether the internal corporate environment moderates the effect of female CEOs on innovation, that is, state ownership. Finally, this study investigates an additional test of financial constraints to examine whether financial constraints also moderate the impact of female CEOs on firm innovation.Design/methodology/approachThis study used the data of all A-share listed companies on the Shanghai and Shenzhen stock exchanges for the period from 2008 to 2017. The authors use ordinary least squares regression as a baseline methodology, along with firm-fixed effect, lagged measure of female CEOs, alternative measures of innovation, Heckman two-step model and negative binomial regression to check and control the possible issue of endogeneity.FindingsThe authors’ findings show that CEO gender plays an important role in producing higher levels of innovation output by improving the governance structure. However, female CEOs have no effect on state-owned enterprises' (SOEs) innovation activities, which suggests that the main goal of SOEs is achieving sociopolitical objectives. Furthermore, female CEOs' influence on innovation output is weaker in firms with financial constraints.Social implicationsThis study adds to the emerging global discussion on gender diversity. Many legislative bodies require a quota for women on corporate boards due to gender inequality. This study's findings reinforce such guidelines by emphasizing the economic benefits of including women in top management positions.Originality/valueThis study provides new insights by highlighting the role of female CEOs in increasing firms' innovation activities. Additionally, this study provides evidence on whether the internal corporate environment (state ownership and financial constraints) moderates female CEOs' effect on innovation.

scholarly journals ORGANIZATIONAL AND ECONOMIC MECHANISM FOR MANAGING MARKETING TESTING OF MARKET PROSPECTS PRODUCT INNOVATIONS OF INDUSTRIAL ENTERPRISES

2021 ◽  
Author(s):  
Yeugene Nagornyi ◽  
Svitlana Berezova
Keyword(s):  
Product Innovation ◽  
Methodological Approach ◽  
Objective Assessment ◽  
Information Support ◽  
External Information ◽  
Economic Mechanism ◽  
Industrial Enterprises ◽  
Innovation Activities ◽  
Product Innovations ◽  
Innovation Cycle

The success of innovation activities of industrial enterprises to create product innovations depends on many factors. One of the main factors in this list is an objective assessment of their market prospects. This assessment can be carried out using the procedure of marketing testing, as it contains necessary methodological support and tools to determine the commercial prospects of product innovation at each stage of the innovation cycle. The effectiveness of marketing testing largely depends on how successfully organized this process in the enterprise, which actualizes the development of organizational and economic mechanism for managing marketing testing of market prospects for product innovations. This research is devoted to this question. The article presents the organizational and economic mechanism for managing marketing testing of market prospects of product innovations of industrial enterprises. The developed mechanism contains: subsystem of information support (internal and external information), target subsystem (tasks and purposes, criteria and principles of management of marketing testing), control subsystem (subjects which carry out management and functions which they carry out), the managed subsystem (divisions of the enterprise). Involved in marketing testing), providing a subsystem (methods and resources of management) and a subsystem of controlling the procedure of marketing testing of market prospects of product innovations. The mechanism also includes a subsystem of marketing testing, which consists of the author’s theoretical and methodological approaches to assessing the market prospects of product innovations at the stages of the innovation cycle of their development. It is based on the following approaches: theoretical and methodological approach to foresight research of future needs in product innovations; theoretical and methodological approach to the criterion base of evaluation and selection from a number of alternatives of innovative projects for the development of product innovations; theoretical and methodological approach to marketing testing and evaluation of market prospects of product innovations; theoretical and methodological approach to the diagnosis and strengthening of consumer capital of the enterprise; methodical approach, by which decisions are made on the readiness of product innovations to enter the market and complete the work on the procedure of marketing testing. The marketing testing mechanism contains the relationships between the subsystems (influence, coordination, and adjustment, feedback) to obtain an overall result. The result of the implementation of the proposed mechanism is tested for market success, developed product innovation, which is ready for commercialization, which is predicted to succeed, and the developer, thus, will receive all planned revenues and profits from its sale on the market. The conducted analysis is a future basis for the implementation of the developed organizational and economic testing mechanism in the practical activities of domestic innovative industrial enterprises.

The Entrepreneurial Orientation

2019 ◽  
pp. 50-68
Author(s):  
Luis Enrique Valdez-Juárez ◽  
Elva Alicia Ramos-Escobar ◽  
Edith Patricia Borboa-Álvarez
Keyword(s):  
Entrepreneurial Orientation ◽  
Structural Equation ◽  
Dynamic Capabilities ◽  
Equation System ◽  
Positive Influence ◽  
Negative Effects ◽  
Industrial Enterprises ◽  
Innovation Activities ◽  
Northwest Region ◽  
Significant Positive Influence

The purpose of this chapter is to analyze the opportunities for entrepreneurship, the behavior of the entrepreneurial orientation, and the orientation towards the market that is developed in the SME, and the effects which exert in the innovation and the profitability in the field of SMEs. The research is based on a sample of 1012 commercial, services, and industrial enterprises in the Northwest region of Mexico. The data collection was carried out during the period from September to December 2016, through a self-directed survey to the manager. The relations estimates have been tested through the Structural Equation System (Hervas-Oliver, Sempere-Ripoll, and Boronat-Moll) based on the variance with the PLS technique, supported by the software SmartPLS version 3.2.6. The results demonstrate that entrepreneurial orientation has a significant influence on innovation activities and on the profitability of SMEs. Also, the innovation has a significant positive influence on the profitability. In addition, market orientation shows significant and negative effects on the profitability of SMEs. For these types of companies, it is important that they focus their efforts on customers, the market and the main competitors. This investigation contributes to the development of the literature on entrepreneurial behavior and dynamic capabilities.

National Technological Innovation Output Capacity Forecast and its Influence Factors Analyses in China

2011 ◽  
Vol 65 ◽  
pp. 568-573
Author(s):  
Xiao Hong Li
Keyword(s):  
Public Education ◽  
Technological Innovation ◽  
Statistical Data ◽  
Influence Factors ◽  
External Environment ◽  
Total Degree ◽  
Output Capacity ◽  
Innovation Activities ◽  
Dependent Variables ◽  
Innovation Output

This paper aims to measure nation technological innovation output capacity and its developing tendency of China. The influence factors that impact the output of national innovation mainly come from three aspects. They are technological innovation activities, innovation external environment, and potential technological innovation resources. We finally adopt four factors (Expenditure for R&D (X1), Governmental capitals for R&D with percentage of GDP (X2), R&D persons per million labors (X3), Expenses of public education with percentage of GDP (X4)) to estimate the innovation output (measure by number of patents application accepted). Results of regression model that uses statistical data from 1989 to 2009 indicate total degree of correlation between them is 99.9%. All Variables play significant linear actions to dependent variables Y except X4. The number of patents application accepted per million persons is 9.518 (1276 thousand pieces in total) in 2010, with an error of 4.42%. This study may be useful for innovation output prediction and relevant decision making of China.

scholarly journals RESEARCH OF FORMS AND METHODS OF INVESTMENT SUPPORT OF INNOVATION ACTIVITIES OF INDUSTRIAL ENTERPRISES

2021 ◽  
pp. 11-17
Author(s):  
Олег Беспрозванних ◽  
Петро Перерва
Keyword(s):  
Financial Support ◽  
The State ◽  
Innovative Activity ◽  
Innovation Activity ◽  
Credit Institution ◽  
Industrial Enterprises ◽  
Innovation Activities ◽  
Innovation Projects ◽  
Financial Credit ◽  
State Financing

To solve the problems of stimulating the development of innovative activity of domestic enterprises, a number of regulatory acts have been developed in Ukraine today that regulate relations in the sphere of investment in innovation. National legislation defines the following forms of investment of innovative activity: state (municipal) investment, commercial investment, social investment, foreign investment, general investment. In order to receive financial support, the subjects of innovation activity whose innovation projects are listed in the State Register of Innovation Projects shall submit to the State Innovation Financial-Credit Institution (its regional branches) innovative projects and all necessary documents, the list of which is determined by it. The subject of innovative activity, the innovative project of which has been competitively selected, may receive one or more types of financial support from the innovative financial-credit institution, depending on the competitive procedure established by the competitive procedure. Financial support for the implementation of innovative projects can be provided in the form of successive tranches as a result of monitoring the progress of project implementation.The analysis of the structure of state financing of innovation activity by types of economic activity of subjects of innovation in 2018 allows to determine the priority branch of chemical and petrochemical industry. Investing of own funds of subjects of innovative activity is realized through capital investments and financial investments. Structural analysis of sources of financing of innovative activity in Ukraine allows to distinguish the overwhelming share of own funds of the enterprises in the total volumes of financing of their innovative activity. But in the conditions of insufficient level of state support of innovative activity of enterprises and instability of their financial results, as the main source of own funds for investing, the role of financial and credit providing of investments by the subjects of the financial market significantly increases.

scholarly journals Study on the Spatial Pattern of Innovation Output and Influencing Factors in Guangdong-Hong Kong-Macao Greater Bay Area

2019 ◽  
Author(s):  
Dongliang Yang ◽  
Chunfeng Li
Keyword(s):  
Hong Kong ◽  
Spatial Pattern ◽  
Industrial Structure ◽  
Study Region ◽  
Bay Area ◽  
Innovation Activities ◽  
Level Of Economic Development ◽  
Innovation Output ◽  
Countermeasures And Suggestions ◽  
The Impact

The advantageous location, port clusters, strong economic strength, developed financial system, rational and orderly urban division of labor and modern industrial system of Guangdong-Hong Kong-Macao greater bay area provide sustainable driving force for innovation activities in this region. This paper selected the Gini-coefficient, first degree index and concentration index to measure the spatial pattern characteristics of innovation output in Guangdong-Hong Kong-Macao greater bay area. The results show that the innovation output presented a spatial pattern of center-periphery in the study region with Shenzhen and Guangzhou as the dual centers and engines of innovation and Dongguan and Foshan as the main innovative areas. Further empirical analysis of the impact of various factors on innovation output in the study region found that R&D expenditure, the number of R&D personnel, the level of economic development and industrial structure all have significant promoting effects on innovation output. Accordingly, this paper put forward countermeasures and suggestions to promote the innovative development of Guangdong-Hong Kong-Macao greater bay area and build a world-class scientific and technological innovation bay area.

scholarly journals Estimation of the marketing potential of industrial enterprises in the period of re-engineering of business processes

2018 ◽  
Vol 16 (2) ◽  
pp. 412-423 ◽  
Author(s):  
Leonid M. Taraniuk ◽  
Denys S. Kobyzskyi ◽  
Mark Thomson
Keyword(s):  
Business Processes ◽  
Marketing Activity ◽  
The Sustainable Development ◽  
Marketing Environment ◽  
Industrial Enterprises ◽  
Managerial Decisions ◽  
Innovation Activities ◽  
Business Entities ◽  
Further Development ◽  
Industrial Company

Activity of business entities requires a constant increase in the level of their economic potential and the level of competitiveness of the products on the market. This task can be fulfilled provided the concept of constant economic growth is formed in the activity of enterprises, which can be implemented through the management of changes in the economic activity of enterprises. One of the components is the marketing activity, which plays one of the leading roles in shaping the sustainable development of an industrial enterprise when carrying out transformational changes in its activity. These changes, which are the re-engineering of business processes, help the company management adapt to the changing market (marketing) environment and optimize the internal business processes. The relevance of the research is undeniable. The article presents the main directions of transition to the effective marketing activity in the period of re-engineering of industrial enterprises’ business processes based on the analysis of the main trends of marketing and innovation activities of economic entities from different countries. The authors developed the indices that characterize the marketing potential of the company during the business processes’ re-engineering. They proposed to use an integral index of the company’s marketing potential during radical transformations and to take effective management decisions based on the prevailing range of its criteria values when carrying out an economic estimation of the company’s marketing potential in the period of business processes’ re-engineering. The results obtained from the calculations demonstrate the final estimation of the industrial enterprise’s marketing potential during the business processes’ re-engineering, which allows the top management of the industrial company to determine the level of performance of the company marketing activity and make sound managerial decisions for its further development.

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