scholarly journals The algorithm to ensure and implement the strategy of the effective management of innovation processes

2019 ◽  
Vol 80 (4) ◽  
pp. 436-440
Author(s):  
M. S. Asmolova ◽  
S. V. Dedov
Keyword(s):  
Strategic Planning ◽  
Management Strategy ◽  
Innovation Process ◽  
Point Of View ◽  
Effective Management ◽  
State Planning ◽  
Innovation Infrastructure ◽  
Direct Government ◽  
Innovation Processes

We considered the implementation of the effective management strategy of the innovation process from the point of view of its integration and existing problems. We have marked the role of priorities that explain the interrelation of the levels of the state planning and the innovation processes management of socio-economic systems. We have shown the substantive part of the strategic planning and the role of the tools ensuring the achievement of goals and objectives of innovation processes. We have summarized the content of the strategic planning. The research results of the tools role determined the conditions of the innovation infrastructure formation and the list of its components. We used the following tools for the analysis: direct government influence; unity of monetary and fiscal policies; consolidated revenue policy; reforming of the conditions, the traditions and the practices of interaction between the banking and real sectors of the national economy. We applied a retrospective approach during the analysis of the innovation infrastructure algorithm. The authors made the correction of the analysis using the concept of national innovation systems (NIS). We made the conclusions based on the author’s point of view due to the lack of a generalized definition and the methodology of the NIS in the academic literature. We proposed a lineal algorithm that provides and implements the strategy of managing the innovation processes, as well as the tools. We highlighted the factors that prevent the problems in the formation of an effective management, and we have also pointed out that it is necessary to take into account the specific conditions of the country, its trends and challenges. Based on the analysis, we named the additional features to trace the management problems. We suggested the measures to ensure the greatest effectiveness of the implementation of the effective management strategy from the standpoint of mentality and timeliness. The author's algorithm has been justified as the most feasible in the modern conditions, revealing the existing interrelations between the subjects of the innovation process.

scholarly journals Breaking the Resource Curse: The Role of Natural Resource Funds

2021 ◽  
Vol 4 (2) ◽  
pp. 99-109
Author(s):  
Isaiah Adeleke ◽  
Umaru Mustapha Zubairu
Keyword(s):  
Natural Resource ◽  
Management Strategy ◽  
Resource Curse ◽  
Future Research ◽  
Effective Management ◽  
Journal Articles ◽  
Special Purpose Vehicle ◽  
Resource Governance ◽  
Effective Role

Studies have shown that the paradox of “the more resource-rich the poorer” otherwise known as “resource curse” has been prevalent in many countries endowed with natural resources. To mitigate this trend, a revenue management strategy called Natural Resource Funds (NRFs) - a government owned special-purpose vehicle to ensure effective management of the country’s natural wealth was embraced in some nations. This paper critically reviewed the roles of NRFs in breaking the resource curse. The Systematic Quantitative Assessment Technique (SQAT) was adopted in identifying and reviewing sixty-seven (67) peer reviewed journal articles that had researched on NRFs in the last decade. The findings were that NRFs have played an effective role in some advanced countries (Chile and China), while they have failed, especially in Africa, Middle East and Latin America due to poor institutional framework and governance. A globally set code of resource governance was recommended to strengthen the role of NRFs and enhance their effectiveness. Resource revenue maximization other than revenue utilization would be a good area for future research.

scholarly journals Role of Knowledge in Management of Innovation

Resources ◽  
2019 ◽  
Vol 8 (2) ◽  
pp. 87
Author(s):  
Yury Nurulin ◽  
Inga Skvortsova ◽  
Iosif Tukkel ◽  
Marko Torkkeli
Keyword(s):  
Decision Making ◽  
Innovation Management ◽  
Rapid Development ◽  
Innovation Process ◽  
Integrated Approach ◽  
Point Of View ◽  
Organizational Resource ◽  
Development Processes ◽  
Systemic Understanding

Knowledge has always been, and still is, a crucial source of economy. However, during the past few years we have seen a growing interest in treating knowledge as a significant organizational resource for innovation. This trend coincides with the rapid development of ICT, indicating the strong influence that ICTs have on the processes of creating, disseminating, and using knowledge. At present, issues of innovation management and knowledge management are studied independently, which creates a certain gap in the systemic understanding of the innovation development processes. The paper proposes an integrated approach to the issues mentioned. The hierarchy and taxonomy of knowledge are considered from the point of view of their influence on decision-making at different stages of the innovation lifecycle. Our proposition complements and contributes to several recent models of decision-making developed in the frame of the innovation process.

scholarly journals Emotional strategizing in service innovation

2016 ◽  
Vol 54 (2) ◽  
pp. 270-287 ◽  
Author(s):  
Catharina von Koskull ◽  
Tore Strandvik ◽  
Bård Tronvoll
Keyword(s):  
Design Methodology ◽  
Service Innovation ◽  
Innovation Process ◽  
Ethnographic Study ◽  
Strategy Research ◽  
Content Type ◽  
Innovation Processes ◽  
Practical Implications ◽  
Shed Light

Purpose – The purpose of this paper is to shed light on an aspect of service innovation processes that has remained fairly hidden so far, namely, the role of emotions. Design/methodology/approach – The authors use the strategizing approach from strategy research, which focusses on detailed processes, practices, and discourse, to understand the influence of emotions on service innovation processes. The empirical data stem from a longitudinal ethnographic study of a service innovation process. Findings – In the investigated case, the dominant emotion of anxiety is revealed. The authors focus on this emotion in order to explore how it affects the innovation process itself and the outcome. The authors identify five emotion-driven practices that form elements of what the authors label emotional strategizing. Practical implications – Emotion seems to give energy and direction to the service innovation process. This is both positive and challenging for top-level managers. Originality/value – The authors reveal a hidden aspect of service innovation processes – the effect of emotions. Furthermore, the authors show that emotions are important because they give energy and direction to the innovation work, and emerge in practices. Emotional strategizing, as a new term, gives visibility to this important issue.

scholarly journals STRATEGIC GUIDELINES OF REGIONAL MANAGEMENT DEVELOPMENT OF SYSTEMS INTERACTION IN INNOVATIVE PROCESSES OF THE REGION

2021 ◽  
Vol 5 (2) ◽  
pp. 84-97
Author(s):  
Lidia Lisovska ◽  
◽  
O. Mrykhina ◽  
B. Sheremeta ◽  
L. Ivanets ◽  
...  
Keyword(s):  
Innovation Process ◽  
Innovative Development ◽  
Conceptual Basis ◽  
Regional Interaction ◽  
Innovation Infrastructure ◽  
Regional Management ◽  
Strategic Goals ◽  
General Scientific ◽  
Innovation Processes ◽  
Strategic Goal

Purpose. The article substantiates the strategic principles of development interaction systems in innovation processes of the region, which includes defining goals on a conceptual basis to ensure the value of interaction, clarifying the composition of subjects and objects of development regional interaction systems, implementation in certain stages. Design/methodology/approach. The goals set in the study were solved using the following general scientific methods: general scientific and special principles and techniques of scientific knowledge in the field of strategic management of innovative development of territories. Semantic analysis, comparative analysis and systematization method were used to carry out the theoretical substantiation of the system of strategic goals of regional development; the method of grouping, factor analysis, the method of structural-logical modeling is used in the development of a set of operational tasks to achieve strategic goals. An abstract-logical method was used to formulate conclusions and theoretical generalization of the results of the study. Findings. The subject of strategic management interaction in the innovation processes of the region is "innovation development", which takes into account the interests and goals of the subjects in the innovation process of the region. Strategic interaction management is carried out by defining goals on a conceptual basis to ensure the value of interaction, which involves the implementation of certain stages. Adherence to the proposed sequence of stages will ensure the required level of interaction value in regional systems for all participants in the innovation process on a strategic basis. The central apex of the "goal tree" is a strategic goal, in our context - ensuring the value of interaction in innovation processes. This strategic goal is deployed in tactical goals that capture large blocks of action to achieve a strategic goal, namely; block of rational use of innovation resources of the region, block of ensuring the usefulness of interaction, block of optimization of the cost of establishing interaction, block of increasing the productivity of innovation processes in the region, block of development of innovation infrastructure of the region. Practical implications. An obligatory stage in the formation of regional cooperation systems is the coordination and harmonization of the interests of potential participants on the basis a rational compromise to achieve the goals of regional development. The specified strategic goal is developed by the authors into tactical goals, which fix large blocks of actions to achieve the strategic goal, namely the block of rational use of innovation resources of the region, the block of ensuring the usefulness of interaction in regional interaction systems, the block of optimizing regional interaction, block of development of innovation infrastructure of the region. The need for improving regional management of the development interaction systems in innovation processes is due not only to its national importance for the development of NIS, but also the economic content - the formation of the economic base and support drivers of social and economic development of regions. It was proved that regional government institutions should fully support the development of the economy on market principles, while assuming the main responsibility for comprehensive overall regulation and strategic planning of economic development and direct support of the innovation process. Originality/value. For each of these blocks of strategic goals, the article substantiates a set of socio-economic tools for implementing tasks in regional interaction systems, which differ in the components of interaction systems, scope, nature of direction, duration, complexity of use, level of consistency, purposes of use, source of funding, direction raising funds. Summarizing the substantiation of strategic goals for interaction systems development in innovation processes of the region, it is necessary to emphasize harmonization and coordination of goals of interaction system formation with goals of innovative development of the region and individual goals for potential participants of interaction systems. After all, the development of interaction systems takes place through the maximum involvement of market stakeholders in cooperation and ensuring the value of their coordinated joint work on innovative projects and programs.

scholarly journals Transformation of innovation processes in Russia under the influence of trends in the world economy

2020 ◽  
pp. 133-143
Author(s):  
М.В. Мирославская
Keyword(s):  
Capital Investment ◽  
Effective Interaction ◽  
Import Substitution ◽  
Point Of View ◽  
Commercial Development ◽  
Venture Capital Investment ◽  
Global Issues ◽  
The Impact ◽  
Innovation Processes

Статья посвящена вопросам трансформации инновационных процессов для обеспечения эффективного взаимодействия различных участников процесса коммерческого освоения инноваций, влияния и значимости импортозамещения на этот процесс. Инновационное импортозамещение, оказывающее заметное влияние на трансформацию инновационных процессов, требуют значительного финансового обеспечения. Для достижения поставленной цели в статье актуализируются анализа существующей конъюнктуру российского рынка, в том числе рынка венчурного финансирования и грантов, анализа трансформационных процессов, происходящих в экономике, в том числе усиление роли азиатских государств. Для решения поставленных задач данная статья разделена на три раздела и рассматривает три глобальных вопроса. Во-первых, рассмотрен вопрос уязвимости российской экономики и ее зависимость от иностранного импорта и технологий до введения санкций и венчурного инвестирования. Во-вторых, проанализирована политика импортозамещения и локализации и отказа от доллара и оценены ее достижения. В-третьих, рассмотрена и оценена роль азиатских государств в функционировании инновационных процессов с точки зрения вытеснения западного капитала и технологий. The article is devoted to the transformation of innovative processes to ensure effective interaction of various participants in the process of commercial development of innovations, the impact and significance of import substitution on this process. Innovative import substitution, which has a significant impact on the transformation of innovative processes, requires significant financial support. To achieve this goal, the article updates the analysis of the existing conjuncture of the Russian market, including the market for venture financing and grants, analysis of the transformation processes taking place in the economy, including the strengthening of the role of Asian states. To solve the set tasks, this article is divided into three sections and considers three global issues. First, the issue of the vulnerability of the Russian economy and its dependence on foreign imports and technologies before the imposition of sanctions and venture capital investment is considered. Secondly, the policy of import substitution and localization and abandonment of the dollar is analyzed and its achievements are assessed. Third, the role of Asian states in the functioning of innovation processes from the point of view of crowding out Western capital and technology is considered and evaluated.

Policies of Science, Technology, and Industry in the MENA Countries and Their Impact on National Competitiveness

2016 ◽  
pp. 199-220
Author(s):  
Malek Jihène
Keyword(s):  
Innovation Process ◽  
Mena Region ◽  
Mena Countries ◽  
Technology And Innovation ◽  
Innovation Infrastructure ◽  
National Competitiveness ◽  
Science Technology ◽  
Main Ideas ◽  
Science Technology And Innovation

This chapter offers an overview about the role of science, technology and industrial policies in the MENA region. It analyses the theoretical foundations of these policies and their changes. In addition, an analysis about the determinants of the state of science, technology and innovation in the MENA countries become interesting and important to be explored. Thus, this chapter is an occasion to explore the role of the national system of innovation in these countries in facilitating the knowledge, skills and innovation process, and to offer some ideas regarding the weaknesses, limitations and constraints of these countries in these areas. The two main ideas of this chapter are: the development of innovation infrastructure and the role of institutions in pursuing these policies. Thus, undertaking a comparative analysis of the MENA countries in the areas of science, technology and innovation is the goal of this chapter.

Staged-volume radiosurgery for large arteriovenous malformations: a review

2014 ◽  
Vol 37 (3) ◽  
pp. E20 ◽  
Author(s):  
Kenan AlKhalili ◽  
Nohra Chalouhi ◽  
Stavropoula Tjoumakaris ◽  
Robert Rosenwasser ◽  
Pascal Jabbour
Keyword(s):  
Tissue Damage ◽  
Normal Tissue ◽  
Arteriovenous Malformations ◽  
Management Strategy ◽  
Treatment Modalities ◽  
Normal Brain ◽  
Effective Management ◽  
Normal Tissue Damage ◽  
Potential Improvement

Stereotactic radiosurgery is an effective management strategy for properly selected patients with arteriovenous malformations (AVMs). However, the risk of postradiosurgical radiation-related injury is higher in patients with large AVMs. Multistaged volumetric management of large AVMs was undertaken to limit the radiation exposure to the surrounding normal brain. This strategy offers a promising method for obtaining high AVM obliteration rates with minimal normal tissue damage. The use of embolization as an adjunctive method in the treatment of large AVMs remains controversial. Unfortunately, staged-volume radiosurgery (SVR) has a number of potential pitfalls that affect the outcome. The aim of this article is to highlight the role of SVR in the treatment of large AVMs, to discuss the outcome comparing it to other treatment modalities, and to discuss the potential improvement that could be introduced to this method of treatment.

scholarly journals ІННОВАЦІЇ ЯК СКЛАДОВА ФАКТОРІВ ВПЛИВУ НА СТАБІЛЬНИЙ РОЗВИТОК СУЧАСНОГО ПІДПРИЄМСТВА

2019 ◽  
pp. 36-44
Author(s):  
Є. В. Луцишина
Keyword(s):  
Business Processes ◽  
Innovation Process ◽  
Practical Significance ◽  
Necessary Condition ◽  
Innovative Development ◽  
Innovative Strategy ◽  
Innovation Project ◽  
Innovation Processes ◽  
Stable Development

Orientating to the innovative development and economic growth, provided by them, nowadays allows enterprises to achieve competitive advantages not only in the production and sale of products (projects, services), but above all in the methods of business development. The theory of innovative development in the economy, which is one of the main economic doctrines of modern times for a large number of countries in the world, is now only being formed in Ukraineand is in the stage of active development. Considering the features and problems of the innovation processes of domestic enterprises, there is a need to further develop their competitiveness for domestic and external markets. The purpose of the article is to develop the theoretical and methodological foundations in the field of enterprise development based on innovation, as well as to determine the role of innovation to ensure the stable development of the enterprise. The object of the study is the formation of an innovative strategy of the enterprise and its components for the implementation of an innovative project. Methods used in the research are a systematic approach, a method of generalization, comparison. The hypothesis of research is that innovation plays an important role in ensuring the stable development of the enterprise. The statement of basic materials. It is determined that innovative development is a consequence of innovative processes occurring in the enterprise. In its innovative development, enterprises go through a number of stages: research, development and implementation. The main properties of innovation are scientific novelty, practical applicability and commercial feasibility. The method of forming a strategy for the introduction of innovation, types of improvement of the competitiveness of the enterprise, stages and components of the innovation process are all considered, as well as factors that may affect the formation and outcome of the investment and innovation project. Originality and practical significance of the research. The article gives an idea of the role of innovation for a modern enterprise and helps to determine the main guidelines for the development and implementation of innovative solutions. The author reflects on the most important properties of economic innovation processes, which enables us to significantly distinguish them from other business processes. Conclusions of research. It was concluded that in the conditions of the modern economic environment, innovation for an enterprise is a necessary condition for survival.  However, by introducing innovations, managers of all levels are faced with the problem of uncertainty of new factors that have a significant impact on the progress of the innovation process and on the activity of the enterprise as a whole. The research results can be used in the development of strategies for the implementation of the innovation process in an enterprise of any form of organization.

scholarly journals Global Challenges of Digital Transformation of Markets: Collaboration and Digital Assets

2021 ◽  
Author(s):  
Vladimir Yadikin ◽  
Sergey Barykin ◽  
Vladimir Badenko ◽  
Nikolai Bolshakov ◽  
Elena de la Poza ◽  
...  
Keyword(s):  
Innovation Process ◽  
Point Of View ◽  
Economic Science ◽  
Digital Object ◽  
Market Participants ◽  
New Concepts ◽  
Modern Economic ◽  
Ontological Analysis ◽  
Digital Assets

Abstract The objective of this study is an ontological analysis of the digital object (DO), of a relatively recent phenomenon that has emerged in relation to the performance of production enterprises. We analyzed the additional benefits that economic actors can gain from using the DO. This object is fairly well-understood from a technical point of view; although there are many options for its definition, its basic composition and functionality are defined clearly, but currently in the economic science DO has not yet been enough considered. The DO, which first appeared as a digital twin has not been properly explored by economic science. The ontological analysis of the DO within the existing conceptual framework of economic science are presented. The DO is comprehensively examined to determine whether all the properties and characteristics of the DO are described by modern economic language or whether there is a need to introduce new concepts and categories to describe such objects. We propose to analyze the DO in terms of such economic categories as goods, innovation process, the system of division of labor, the role of market participants in the creation and use of the DO, intellectual property, etc.

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