scholarly journals The ways of Improving the Innovation Management in Ukraine Using the International Development

2020 ◽  
Vol 9 (2) ◽  
pp. 203-210
Author(s):  
Viktoriia Bokovets ◽  
Olena Moskvichova ◽  
Iryna Hryhoruk ◽  
Svetlana Suprunenko
Keyword(s):  
International Development ◽  
Driving Forces ◽  
Innovation Management ◽  
Innovation Process ◽  
International Experience ◽  
Innovation Activity ◽  
High Tech ◽  
Economic Science ◽  
Innovative Management ◽  
The World

In the world economic space there is a complex transition from industrial technological system to postindustrial, in which the high tech, informatization and knowledge economy takes on the dominating role of the driving forces of development. Naturally, for such a turn of events, economic science was not well prepared, and today there is a certain gap between the practice of accelerated changes and the scientific provision of these processes. First of all, it concerns the development of a strategy and mechanisms for the development of the country's economy and identifying opportunities for realizing its innovative potential by doing innovative management. The researchers consider innovative management in their work in a number of aspects: science and art of innovative management (I. Dichkivska, P. Zavlin); kind of administrative activity in making decisions on innovations (I. Balabanov, M. Yon, V. Stadnik,); management of innovations (N. Kruglov, A. Porshnev); a system of rules of principles, norms, values orientations that regulate various spheres of innovation activity (V. Vasilenko, L. Oholova). In innovative management, the methods of socio-psychological series, heuristic and collegial (I. Ansoff, B. Gates, L. Karuushkha, A. Morita) prevail. There is a change in the general functions, structure and objectives of management (L. Danilenko, L. Oholova), there are special means and forms of organization of innovation activity (V. Vasilenko, L. Vashchenko).The study of literary sources and their generalization shows the importance of this issue, and requires a more in-depth study and analysis of international experience in implementing innovative measures. The research objective. The main purpose of this study is to analyze measures to stimulate innovation development in the countries of the world, assessment of their effectiveness, as well as consideration of the directions on the basis of their activation of innovation activity in Ukraine. The article reveals the essence of the concept of "innovative management", analyzes the international experience in implementing and stimulating the innovation process. Thus, to summarize, it can be concluded that the experience of leading countries in stimulating innovation usually involves quite similar measures, namely: subsidies, tax cuts or, in some cases, tax holidays, payment of a share of R & D expenditure. The following organizations are created: informational, technical, financial support for business engaged in innovation activities. Stimulates the development of innovations at the level of universities and other scientific institutions.  Keywords: innovative management; innovative activity; innovative measures; R&D; innovation.

SOCIO-ECONOMIC ESSENCE AND CONTENT OF THE CATEGORIES «INNOVATION PROCESS» AND «INNOVATIVE ACTIVITY» (QUESTIONS OF THEORY AND METHODOLOGY)

2021 ◽  
Vol 1 (181) ◽  
pp. 28-38
Author(s):  
A.A Stepanov ◽  
◽  
M.V. Savina ◽  
I.A Stepanov ◽  
◽  
...  
Keyword(s):  
Critical Analysis ◽  
Innovation Management ◽  
Innovation Process ◽  
Digital Transformation ◽  
Innovative Activity ◽  
Innovation Activity ◽  
Economic Paradigm ◽  
Points Of View ◽  
The Moment ◽  
Functional Process

Based on a critical analysis of the authors’ various points of view on the content of the concepts of “innovation process” and “innovation activity” from the standpoint of modern concepts of innovation management in the era of information and digital transformation, the features of interrelated categories of the innovation process and innovation activity reflecting transformational changes in the moment are clarified and disclosed and the perspective of an innovative economic paradigm and perceived through the specifics and features of functional process-activity metamorphoses.

Cyient: enabling innovation through idea tree initiative

2020 ◽  
Vol 10 (3) ◽  
pp. 1-26
Author(s):  
Nidheesh Joseph ◽  
Upam Pushpak Makhecha
Keyword(s):  
Innovation Management ◽  
Innovation Process ◽  
Cost Savings ◽  
Cost Effective ◽  
Process Models ◽  
Innovation Activity ◽  
Business Unit ◽  
Content Type ◽  
Academic Level ◽  
Digital Format

Learning outcomes The case would help students to learn the concept of high involvement innovation activity and how to apply it in large service organizations to increase innovation involvement. The case will help the students to reflect on the significance of organizing structure and culture of an organization for enabling innovation and innovation process models. The case would further help the students to develop the skill to plan and implement simple, innovative innovation process models which will increase the ideation capabilities of the organization. The students will also be able to understand the role of informal learning in innovation and how to facilitate it. Case overview/synopsis Cyient – a global services firm – had always focused on innovation as a key strategic capability winning various annual client awards for over a decade. However, in 2012, Cyient missed the innovation awards which led to the introduction of Idea Tree initiative in Aerospace & Defense (AED) business unit of Cyient. Cyient was able to co-create patents and offer cost savings to its clients through the Idea Tree initiative. This cost-effective and unique initiative resulted in re-organizing the structure (from formal to a quasi-formal), culture (open to new ideas, mistakes and failures) and process (stage-gate) inside Cyient AED business unit. However, Idea Tree also suffers from challenges such as lack of a digital format, lack of corporate presence across Cyient and its highly informal nature. In this context, the CEO wants to review the Idea Tree initiative to decide on its future in Cyient. Complexity academic level The case is suitable for teaching multiple facets of innovation for MBA and Executive MBA classes in core Strategy, Managing Organizations and Entrepreneurship and for elective courses such as Innovation Management, Organizing for Innovation or HRM for Innovation. The case is suitable for both fresher and experienced participants. Supplementary materials Teaching Notes are available for educators only. Subject code CSS 6: Human Resource Management.

Philosophical Perspectives for Strategic Innovation Models and Comprehensive Analysis Processes

2012 ◽  
Author(s):  
Gunther Herr ◽  
André Nijmeh
Keyword(s):  
Project Management ◽  
Innovation Management ◽  
Innovation Process ◽  
Comprehensive Analysis ◽  
Innovation Activities ◽  
Strategic Innovation ◽  
Innovation Projects ◽  
The World ◽  
Management Literature ◽  
Tools And Methods

Many tools and methods claim to be “innovative”. Most belong either to project management, engineering design or creativity approaches. “Innovation Management” literature usually discusses “success patterns” for Innovation based on case studies, but hardly process the comprehensive support of innovation activities. It seems that there is a strategic gap between traditional idea-realization processes that focus on reliable project management and the diffuse situation in ever faster changing environments with unclear opportunities and risks. To professionally reinforce strategic innovation activities it is necessary to define a resilient framework. This paper discusses a new view on the field of innovation that is based on the comprehensiveness of philosophy. Fundamental definitions of early philosophers on the interdependencies of the “co-evolution of the world” are applied to define an “Innovation Philosophy”. This is transformed into an “Innovation Strategy” that comprises a repeatable “Innovation Process” for guiding teams through Innovation Projects.

scholarly journals INNOVATIVE PROCESSES IN THE RUSSIAN PHARMACEUTICAL MARKET

2020 ◽  
pp. 57-64
Author(s):  
E. A. Bykova
Keyword(s):  
Pharmaceutical Industry ◽  
Innovation Management ◽  
Innovation Process ◽  
Pharmaceutical Market ◽  
Innovative Development ◽  
Management Mechanism ◽  
Technical Research ◽  
The World ◽  
Domestic Company ◽  
The Russian Federation

The definitions the concepts of “innovations” and “innovation process” have been adduced, general assessment of the position of the Russian Federation in the world in terms of investment in scientific and technical research and developments (R & D) has been given, the most investment areas in terms of the volume of expenditures on scientific and technical research and development (R & D) have been highlighted . Key arguments that justify the need for innovative development of the pharmaceutical industry in Russia have been presented. The state and structure of the pharmaceutical market in Russia have been considered, the factors of transition of the pharmaceutical industry to an innovative course of development have been specified. Clear results of the implementation of the strategy for the development of the pharmaceutical industry until 2020 have been emphasized. Examples of implementation of the innovation management mechanism at the level of a separate domestic company Biocad have been given.

scholarly journals PROBLEMS IN ORGANIZATION MANAGEMENT OF INNOVATION PROCESS AT INDUSTRIAL ENTERPRISE

2016 ◽  
Vol 2016 (4) ◽  
pp. 313-319
Author(s):  
Дмитрий Ерохин ◽  
Dmitriy Erokhin ◽  
Алла Горностаева ◽  
Alla Gornostaeva ◽  
Ирина Чернышова ◽  
...  
Keyword(s):  
Innovation Management ◽  
Innovation Process ◽  
Point Of View ◽  
Industrial Enterprise ◽  
Innovation Activity ◽  
Innovation Development ◽  
Organization Management ◽  
Industrial Enterprises ◽  
Innovation Project ◽  
The Uk

In the paper the innovation management of an industrial enterprise is considered. The cooperation problem of colleges and industrial enterprises is touched upon. The regularities in scientific-engineering development of production under conditions of the formation of market economy and its crisis state are revealed. New principles ensuring the purposefulness of development are elaborated, the peculiarities in re-search work are considered. The authors have formulated the factors affect-ing the innovation development of an industrial enterprise both in the view of acceleration and from the point of view of innovation process deceleration. On the basis of the analysis carried out there is formed a program of innovation project realization at the “UK”BMP” Co. with the indication of terms and costs. The stages of program realization with measures shown increasing innovation activity efficiency are formulated.

scholarly journals Conceptualizing the Innovation Process – Trends and Outlook

2017 ◽  
Author(s):  
Maxim Kotsemir ◽  
Dirk Meisner
Keyword(s):  
Driving Forces ◽  
Innovation Management ◽  
Management Strategies ◽  
Innovation Process ◽  
Process Models ◽  
Management Approach ◽  
Conceptual Approach ◽  
Advantages And Disadvantages ◽  
Process Understanding ◽  
Process Trends

Available at SSRN: https://ssrn.com/abstract=2249782 or http://dx.doi.org/10.2139/ssrn.2249782This paper introduces the evolving understanding and conceptualization of innovation process models. From the discussion of different approaches towards the innovation process understanding and modeling two types of approaches to the evolution of innovation models are developed and discussed. First the so-called innovation management approach which focuses on the evolution of the company innovation management strategies in different socioeconomic environments. Second is the analysis the evolution of innovation models themselves in conceptual sense (conceptual approach) as well as analysis of theoretical backgrounds and requirements for these models.The main focus of analysis in this approach is on advantages and disadvantages of different innovation models in their ability to describe the reality of innovation processes. The paper focuses on the advantages and disadvantages as well as potentials and limitations of the approaches and also proposes potential future developments of innovation models as well as the analysis of driving forces that underlie the evolution of innovation models recently.Available at SSRN: https://ssrn.com/abstract=2249782 or http://dx.doi.org/10.2139/ssrn.2249782

FINANCIAL FACTORS TO STIMULATE INNOVATION ADOPTION AT INDUSTRIAL ENTERPRISES

2017 ◽  
Author(s):  
Kateryna Ovsiienko ◽  
◽  
Artur Ovsiienko ◽  
◽  
Keyword(s):  
Innovation Process ◽  
Innovation Adoption ◽  
Innovative Activity ◽  
Innovation Activity ◽  
High Tech ◽  
Situational Analysis ◽  
State Budget ◽  
Factors Affecting ◽  
Industrial Enterprises ◽  
Funding Sources

Modern industrial enterprises play a crucial role in providing the innovation process of the national economy. They are the suppliers of high-tech products that affect the economic growth of various sectors of the economy. Despite the fact that the issue of innovative activity intensification of modern enterprises is quite actively covered by scientists, the process of innovation adoption at industrial enterprises remains insufficiently studied. Therefore, there is a need to identify the main factors of innovation adoption at industrial enterprises of Ukraine. In addition, it is important to determine the role of different funding sources for stimulating innovation adoption. The purpose of the article is to substantiate the place of financial resources in the set of innovation adoption stimulating factors and to determine the optimal structure of funding sources for industrial enterprises innovation activity. The article examines the approaches of modern scientists to the interpretation the concept of "adopted innovation" essence. The place of the innovation adoption in the innovation process is determined: it is an intermediate link between the created R&D and the commercialized one. It is determined that the innovation implementation at an enterprise depends on such aspects as: human resources, market, novations, and finance. It is noted that these aspects generate internal and external factors affecting the innovation adoption. The importance of different funding sources for stimulating innovation adoption is substantiated. Based on the data for 2000–2019, a vector autoregression model (VAR) of the new machines and equipment adoption dynamics at industrial enterprises of Ukraine under the influence of various funding sources was built. With the help of VAR-model and situational analysis it is determined that in order to maximize the number of new machines and equipment adoption at the industrial enterprises of Ukraine in the funding structure of innovative activity the predominant share should be occupied by own resources of industrial enterprises and state budget funds.

scholarly journals FORMATION OF THE INNOVATIVE PROJECT FINANCING MODEL IN MODERN CONDITIONS

2019 ◽  
Vol 5 (2) ◽  
pp. 65 ◽  
Author(s):  
Viktoriia Kachuriner ◽  
Malvina Hrushko
Keyword(s):  
Early Stage ◽  
The State ◽  
Research Centre ◽  
Innovation Activity ◽  
High Tech ◽  
Joint Research ◽  
Activity Increase ◽  
State Reduction ◽  
The World ◽  
Research Centres

The state of development of the leading countries of the world proves that its main factors are innovative high technologies, new equipment, a new organization of labour and production, a new motivation for entrepreneurship. They ensure the economic stability of micro and macro systems, their competitiveness both in the domestic and foreign markets. Given the limited nature of state financial resources, the problem of finding additional sources of financing for the purpose of activating the development of innovation activity in Ukraine is becoming increasingly urgent. Today, many countries are actively implementing modern models of financing of innovative projects. In many countries, hybrid financial instruments are transformed in the modern environment into hybrid investment models such as crowdfunding and crowdinvesting. Research of existing models of innovative economic development is always relevant, development tendencies are constantly changing under the influence of global conditions. In Ukraine, it is possible to predict the development of such innovative models as: a resource model without high-tech production (natural resources – production – money); innovative model (transformation of money for research into knowledge – transformation of knowledge into skills of workers and innovations – transformation of innovations into goods – money); intellectual-donor model. An analysis of the world experience of using such forms of activation of innovation activity in the USA, Japan, Western Europe, the CIS, and other countries proves their relevance and prospects for Ukraine. At the same time, the efficiency of the functioning of innovation centres is largely determined by the proper level of financing of their activities, especially at an early stage. The model “university – innovation centres” aims to overcome the gap between education and the implementation of the knowledge gained in creating innovation. Within the framework of this model, two blocks are key: a block of joint research centres “university – industry” and a block of the creation of innovation centres and startup. The advantages of such a mechanism are: firstly, for business – direct state support for innovations, the possibility of investing under the state guarantees; and secondly, for the state – reduction of budgetary expenditures at the expense of funds attracted in the sphere of innovation activity, increase of innovation activity of priority sectors of the economy, distribution of innovative risks. The model of joint research centres “university – business structure” provides two variants of financing of such centres. The first option is based on the formation of a research centre in the form of corporation, which may include universities, private investors, local authorities, other sponsors and stakeholders. Traditionally, Ukraine has significant potential in some important fields of science, such as medicine, physics, astronomy, biology, chemistry, materials science, space science, and Earth science. Participation in Horizon 2020 allows creating additional opportunities for the successful development of these branches of science.

scholarly journals Cognitive analytical tools for cost management of innovation activity

2019 ◽  
Vol 17 (1) ◽  
pp. 395-407 ◽  
Author(s):  
Svitlana Labunska ◽  
Robert Karaszewski ◽  
Olena Prokopishyna ◽  
Iegor Iermachenko
Keyword(s):  
Innovation Management ◽  
Correlation Method ◽  
Innovation Process ◽  
Innovation Activity ◽  
Information Costs ◽  
Innovation Potential ◽  
Innovative Capability ◽  
The One ◽  
Analytical Tools ◽  
A Company

Promotion of innovations on the market is hampered in Ukraine by the lack of methodological approaches for analyzing the efficiency of innovative projects. The lack of appropriate methodology leads companies to refuse to innovate because of the uncertainty of final economic outcomes. The introduction of project based methods for innovation activity management allows, on the one hand, to reconcile strategic and operational objectives within the innovation process, innovation activity and general financial and economic activity of the enterprise, and on the other hand, to implement cognitive approaches to organization of company’s innovation management.The research argues the possibilities of applying the canonical correlation method for structuring the causal links between the determined components of a company innovative capability, such as innovation potential, innovative business opportunities and system margin. As these components may be further assessed by quantitative indices, the method of regression analysis is also used to develop analytical tools for innovation management, which allow to reveal the interrelated impact of expenses on the results of innovation activity. The paper analyzes changes in a company innovative capability that can be provoked by increased material, depreciation, labor and information costs and discusses directions of interrelated changes. Practical testing of submitted proposals is realized based on the Ukrainian companies’ statements for 2012–2017.

scholarly journals FOREIGN EXPERIENCE INNOVATIVE MANAGEMENT

2019 ◽  
Vol 6 (2) ◽  
pp. 8-12
Author(s):  
Evgeniy Iost ◽  
Aelita Shaburova
Keyword(s):  
Russian Federation ◽  
Innovation Management ◽  
The State ◽  
Foreign Experience ◽  
Current State ◽  
Innovative Management ◽  
The World ◽  
The Russian Federation

Current state of innovation management in the Russian Federation is considered in the article. The state and corporate experience of other countries' innovation management, which can be used in raising the level of the country's economy in the world, was observed.

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