scholarly journals The System of the Competitive Promotion of Russian Innovations in the Global Market

2020 ◽  
pp. 160-172
Author(s):  
Nataliya Mikhaylova ◽  
◽  
Ksenia Shvetsova ◽  
Keyword(s):  
Innovation Process ◽  
World Market ◽  
Global Market ◽  
Point Of View ◽  
High Tech ◽  
Competitive Advantages ◽  
Innovation Activities ◽  
National Leaders ◽  
Technological Base ◽  
High Degree

The globalization of innovation collaboration provides an opportunity for the most successful innovators to scale their businesses by leveraging the potential of new markets, supplanting less successful innovators that previously existed in those markets. At the same time, niche national leaders of the innovation process have competitive advantages to maintain their positions in the global market. Changes in the scale of economic activity have a direct impact on the performance indicators of all participants in the economic process, which determines the relevance of this study. By increasing the potential for innovation, the use of innovation activates the process of national companies entering the world market of high-tech products. The authors consider the obstacles to the competitive promotion of domestic innovations in the global market: a high degree of monopolization of Russian economy, high entry barriers to the market, which reduces the quality of innovation activities of large enterprises and limits the flow of financial resources into innovation processes at the level of small and medium-sized businesses. Along with this, todays Russian innovator is under severe pressure from the collective West, which, combined with the lack of its own technological base for full-cycle innovative production, can be viewed as a critical obstacle to the uninterrupted promotion of domestic innovations in the global market. The article examines the main existing and potential competitive advantages of Russian innovative business relevant from the point of view of ensuring its functioning in the system of global value chains in the innovation sphere.

Finland’s and Israel’s Experience of Innovative Development

2012 ◽  
pp. 59-67
Author(s):  
N. Gavrilova
Keyword(s):  
New Technologies ◽  
World Market ◽  
Global Market ◽  
Point Of View ◽  
High Tech ◽  
Innovative Development ◽  
Innovation Development ◽  
Essential Condition ◽  
Depth Analysis ◽  
The World

The production and promotion of high-tech products and new technologies to the global market is an essential condition for the competitiveness of the country. Some states that do not have abundant natural resources have made a stake on the development of advanced technologies. This secured them a place among the world leaders in terms of economic growth and population’s living standards. In-depth analysis of world practices of facilitating innovation is a pre-requisite for formulating the recommendations on the conditions for innovative development and competitiveness of Russia. From this point of view, the experience of Finland and Israel, which have managed to solve the respective problems is very interesting. Besides Finland and Israel, a similar model of innovation development is used in Sweden, Norway, Iceland and several other countries. The advantage of this model is that it creates an opportunity for national leadership at the world market of innovation. The national companies engaged in the development of new technologies create markets for themselves. Namely, they generate new needs and satisfy them, thus, they do not have to follow the market.

scholarly journals The role of the banking system in the innovative development of economy

2019 ◽  
pp. 81-101 ◽  
Author(s):  
Oleksandr Dziubliuk
Keyword(s):  
National Economy ◽  
Banking System ◽  
Innovation Process ◽  
World Market ◽  
Innovation Activity ◽  
Innovative Development ◽  
Innovation Potential ◽  
Innovation Activities ◽  
Lending Activity

The article gives a rationale for rebuilding the country’s innovation capacity as a key task of the current economic policy of the state, since it is the use of innovations that is extremely important for successful business activity and for obtaining competitive advantages in the world market. The subject matter of the study is the role of banking system, whose lending activity can serve as a powerful source for funding innovation, which, in turn, is seen as a key driver for investment and economic growth. The purpose of the research paper is to substantiate the appropriate theoretical and methodological approaches to understanding the role of the banking system within the framework of stimulating innovative development of the economy. The article critically analyzes the current state of innovation activity in Ukraine and systematizes the main factors restraining the innovative development of the economy. Particular attention is paid to the lack of funding for innovation, the ineffective structure of the national economy, and insufficient state financial support. The lack of an adequate level of funding for innovation activities of enterprises is identified as one of the main constraints on the introduction of innovations and enhancement of innovation potential. It is stressed that the limited amount of own funds and the objective difficulties in attracting foreign financial resources of investors are usually the main reasons for the low degree of innovation activity of enterprises in Ukraine. It is argued that it is the banking system that can act as the main institutional element of the innovation infrastructure, which has the proper organizational, technological and financial potential, sufficient for accumulation and redistribution of those investment resources that are necessary for activating the innovation process in the national economy. The advantages of banks in comparison with other participants of the financial market are determined, which determines the key role of the banking system in the innovative development of the economy. The author articulates a set of organizational, institutional and economic measures at the macro- and micro-levels which can contribute to incorporating the banking system into the framework of stimulating innovation processes.

scholarly journals Research results in the field of information support for innovation activities

2011 ◽  
Vol 59 (4) ◽  
pp. 387-398 ◽  
Author(s):  
Ondřej Žižlavský ◽  
Petra Šmakalová
Keyword(s):  
Questionnaire Survey ◽  
Innovation Process ◽  
Business Environment ◽  
Point Of View ◽  
Information Support ◽  
Future Market ◽  
System Modelling ◽  
Primary Research ◽  
Professional Literature ◽  
Innovation Activities

The paper deals with an actual issue focused on one of the world wide problem – effective development of an innovation process in the company. Just innovation is deemed as an essential part of company’s efficiency and its development with an impact on overall performance and competitiveness. The purpose of this paper is to present and discuss knowledge and findings of original primary research into South-Moravian companies within two projects of Internal Grant Agency Faculty of Business and Management Brno University of Technology, which were conducted in 2009 and 2010. For this analysis a questionnaire survey was used – the results of the primary research reflect innovative activities from the top managers’ point of view. The scientific aim of the paper is to gain knowledge and analyse the present status of innovative activities as it pertains to Czech and foreign professional literature and in the Czech business environment. Authors proved with help of questionnaire survey that many companies still neglect information support of their innovation activities although given the importance of innovation as an engine of growth. Moreover, as shown by the primary research, the majority of companies lack a sophisticated marketing information system, modelling and analysis of the future market, analyses of customers, their behaviour and unsaid needs, definition of price strategies, and analysis of new expansion areas. These findings are not affirmative for our business environment.

THE ROLE OF THE STATE IN FORMING THE COMPETITIVE ADVANTAGES OF THE RUSSIAN AIRCRAFT PRODUCTS ON THE WORLD MARKET

2020 ◽  
pp. 69-77
Author(s):  
Aram I. Afyan ◽  
Keyword(s):  
Air Transportation ◽  
World Market ◽  
Aviation Industry ◽  
High Tech ◽  
Competitive Advantages ◽  
Role Of The State ◽  
Technological Cooperation ◽  
Civil Aircraft ◽  
Knowledge Intensive

The aviation industry for Russia is traditionally one of the important backbone elements of the national economy due to its belonging to knowledge-intensive and high-tech industries, the possibility of embedding in international technical and technological cooperation and cooperation, as well as its impact on innovative development and sustainability of economic growth. Despite the stagnation in the post-Soviet decade and the resulting trend towards lagging behind the leading aircraft-building countries, the development of the industry has always been of strategic importance for Russia, primarily in terms of ensuring the country's transport security. To implement integration tasks in such a huge country, a developed system of air transportation, including a national park of civil aircraft, needs to function.

Innovative function of state governance

2020 ◽  
pp. 13-17
Author(s):  
Alexandra Petkevich
Keyword(s):  
Significant Role ◽  
Effective Interaction ◽  
Innovation Process ◽  
State Level ◽  
Global Market ◽  
The State ◽  
Main Body ◽  
Innovation Activities ◽  
State Governance ◽  
Innovation Processes

Problem setting. At the current stage of global economic development, innovations play a significant role not only at the industries level but also at the state level of national economies. Innovations make companies and countries significantly more competitive at the global market at the same time increasing local economies’ status. Analysis of recent researches and publications. In order to identify functions of state governance theoretical papers of numerous authors were carefully studied. Innovation function was not stated in the studied works. The provisions on the functions of public administration are highlighted in the works of N.I. Glazunova, R.V. Goloshchapova, A.N. Kramnik, E.K. Borisova, L.V. Smorgunova, Y.A. Tikhomirov. Nevertheless, some issues of the posed problem still need to be covered. Target of research. With the purpose of deep study and further development of innovation activities in the country it was necessary to identify the new function of state governance – innovation function. Article’s main body. Different classification of state governance functions have been analyzed and conclusions and assumptions were made about the new innovation function that was not named before. Because of the significant role of the state in influencing innovation processes, coordinating activities of all interested parties in order to obtain an innovative product it is important to underline the new role and to pay it additional attention in further study of state governance. Conclusions and prospects for the development. The new innovation function has to be defined in the state governance theoretical study. The goal of state influence on innovation processes should be provision of the most optimal, favorable conditions for the most effective interaction of participants in the innovation process with each other. Thus, we consider it appropriate to create a separate institution for the development of innovative function in the country.

scholarly journals FORMATION OF COMPETITIVE ADVANTAGES IN THE PROCESS OF TRANSFORMATION OF THE STRUCTURE OF NATIONAL ECONOMY

2021 ◽  
pp. 239-251
Author(s):  
Vasilina Iliukhina ◽  
Keyword(s):  
Economic Policy ◽  
National Economy ◽  
Chemical Engineering ◽  
World Market ◽  
Green Energy ◽  
Raw Material ◽  
Added Value ◽  
High Tech ◽  
Competitive Advantages ◽  
The World

The article investigates the process of formation of competitive advantages in the context of transformation of the structure of the national economy. One of the main priorities of economic policy of modern countries is to build a competitive, socially oriented economy that can successfully integrate into the world economic space. To ensure sustainable development and counter negative external influences, strategies are developed and implemented aimed at creating competitive advantages and, consequently, increasing the country's international competitiveness. The issue of transforming the structure of the national economy is urgent, as the level of lagging behind the development of the domestic economy from neighboring countries is similar and the country's raw material specialization is consolidating in the world market, which in turn preserves low living standards. Indicators of economic development show that without radical changes in economic policy, the lag in the development of the Ukrainian economy will only increase. The formation of competitive advantages in the context of the modern structure of the economy inherent for a large European country should be based on the economic specialization of the country in industries and activities that create greater added value, such as processing industry, chemical, engineering, IT, green energy, pharmaceuticals and other high-tech industries, industries of higher technological modes. The role of public-private partnership in the formation of effective economic policy aimed at forming the competitive advantages of the national economy is important.

scholarly journals Based on Entrepreneurial Culture to Discuss the Correlation between Sustainable Innovation Capability and Patent

2019 ◽  
Author(s):  
Aimin Qi
Keyword(s):  
Global Economy ◽  
World Market ◽  
Point Of View ◽  
High Tech ◽  
Innovation Capability ◽  
High Tech Industry ◽  
Entrepreneurial Culture ◽  
Sustainable Innovation ◽  
Innovative Products ◽  
Fierce Competition

Currently the rapid growth of global economy has the competition among high-tech industries develop from regional to global, and the competition becomes fierce. In face of such fierce competition in global high-tech industry, it is realized that tangible assets could no longer be the differentiation basis, but intangible assets are regarded as the differentiation capital. An enterprise with sustainable innovation would dominate the world market and enhance the international competitiveness of domestic economy. When internal entrepreneurial culture is prevalent, an enterprise would naturally promote the innovation capability. Such a point of view also explains more popular of the innovative products or services of some enterprises than those with larger scales. Aiming at employees in high-tech industry in Guanxi Province, total 500 copies of questionnaire are randomly distributed, and 337 valid copies are retrieved, with the retrieval rate 67%. The research results reveal significantly positive correlations between 1.entrepreneurial culture and sustainable innovation capability, 2.sustainable innovation capability and patent, and 3.entrepreneurial culture and patent. According to the results, suggestions are proposed, expecting to explain how a high-tech business outperforms in the changeable digital era and acquires the sustainable innovation capability and patent to grasp the opportunity.

The changing dynamics in the worldwide mobile phone market: creating excellence through innovation management and collaborative relationships

2015 ◽  
Vol 5 (1) ◽  
pp. 1-7 ◽  
Author(s):  
Pankaj Kumar Medhi ◽  
Sandeep Mondal
Keyword(s):  
Supply Chain ◽  
Supply Chains ◽  
Mobile Phone ◽  
Innovation Management ◽  
World Market ◽  
Global Market ◽  
High Tech ◽  
Global Supply Chains ◽  
Content Type ◽  
Market Dominance

Subject area Supply chain management (SCM). Study level/applicability Graduate students. Case overview In recent times, the world market of mobile phone is in a flux due to many phenomena of importance like strong emergence of smartphones, Nokia losing market share in all segments of market and fast technological and supply chain innovation by players like Apple and Google. Elements of SCM and the way technology is acquired have assumed a place of importance to compete in the global market. A new standard of innovation and SCM is emerging together as the rules of market dominance are re-written all-over again. Expected learning outcomes After completion of the case study, the students will understand: role of technological innovation in high-tech industry and global supply chains in changing the consumer behavior world over; the classic battle for market dominance with a new way of innovation management in technology and processes to create most efficient global supply chains; importance of SCM practices of collaboration like tighter partner integration, use of power asymmetry and contract by dominant players to create efficient supply chains; and how visionaries like late Steve Job are shaping the new era of technology. Supplementary materials Teaching Notes are available for educators only. Please contact your library to gain login details or email: [email protected] to request teaching notes.

scholarly journals Search Strategies in Innovation Networks: The Case of the Hungarian Food Industry

2020 ◽  
Vol 12 (5) ◽  
pp. 1752 ◽  
Author(s):  
József Tóth ◽  
Giuseppina Rizzo
Keyword(s):  
Information Search ◽  
Open Innovation ◽  
Innovation Process ◽  
World Market ◽  
Search Strategies ◽  
Continuous Innovation ◽  
Innovation Activities ◽  
New Ideas ◽  
Development Processes ◽  
Specific Source

In the food sector, open innovation has become of particular interest. This paper considers open innovation search strategies in the food and beverages industry and examines the probability of using different innovation sources with respect to the type of innovation. Although the information search for new ideas, tools and solutions in the innovation process regarding the scope and depth is well explored and interpreted in the literature, the probability of using the different sources with respect to type of innovation is rarely investigated. To answer these questions, first a probit, then OLS regression model is adopted, in order to understand the chance of a specific source of information being chosen, and then, to verify how much of these sources are selected in different types of innovation. Findings show that food companies use several kinds of information sources during their product, process, organization and market innovation development processes and apply different sourcing strategies based on innovation type. The study concludes that managers have to take into consideration the type of innovation when they formulate their innovation search strategies. Moreover, if they would like to strive on the European, or even more on the world market, they necessarily have to cooperate with universities and research institutes. Our recommendation for policymakers is that they should encourage the food companies in creation of a viable information network with their business, scientific and professional partners. It is also important that they help the food producers in their continuous innovation activities as well as in expanding their business to European, or even more, to world level.

OPEN INNOVATION AND ITS EFFECTIVENESS TO EMBRACE TURBULENT ENVIRONMENTS

2011 ◽  
Vol 15 (06) ◽  
pp. 1191-1207 ◽  
Author(s):  
FIONA M. SCHWEITZER ◽  
OLIVER GASSMANN ◽  
KURT GAUBINGER
Keyword(s):  
Open Innovation ◽  
Dynamic Capabilities ◽  
Innovation Process ◽  
Point Of View ◽  
Environmental Turbulence ◽  
Successful Implementation ◽  
Technological Turbulence ◽  
Supplier Integration ◽  
Innovation Activities ◽  
Stakeholder Integration

The paper focuses on the challenges of integrating external sources in the innovation process and investigates the role of environmental turbulence in this context. Building on the resources-based view and the dynamic capabilities perspective the authors propose that open innovation strategies assist companies in navigating through turbulent times. Empirical testing of this assumption in a sample of 101 manufacturing firms indicates that open innovation activities are more important in turbulent than in non-turbulent markets and that supplier integration is vital when technological turbulence is high, whilst customer integration is critical in environments characterized by high market turbulence. From a practical point of view, these findings highlight the importance of stakeholder integration in the innovation process and provide details on the successful implementation of this strategy under different environmental settings.

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