scholarly journals THEORETICAL FUNDAMENTALS OF FORMATION OF INNOVATIVE DEVELOPMENT OF ENTREPRENEURSHIP

2019 ◽  
Vol 5 (4) ◽  
pp. 97
Author(s):  
Eugeniy Zabashta

The article studies and analyses the theoretical fundamentals of the formation of the mechanism of the innovative development of entrepreneurship. Today, the global economy is gradually globalizing. No country in the world can avoid its influence on certain spheres of public life. The process of “globalization” affects the development of innovative entrepreneurship. Today, the driving force of the functioning of innovative entrepreneurship in ensuring economic growth is its development and it is one of the main preconditions for the successful functioning of entrepreneurship in various spheres of the economy, an incentive for increasing the efficiency of production. Innovative entrepreneurship is a special innovative process of creating a new, a kind of management, aimed at finding new ideas and opportunities for the commercial use of innovations. Investment and sufficient funding are required for the development of innovative entrepreneurship. It is investigated that the formation of innovative development of entrepreneurship is constantly based on the search for new methods, the general scheme of formation, and the model of innovative development, is based on innovations, new technologies, which involves expanding the boundaries of innovation activity. Innovative entrepreneurship is a process of creating something new, a management process, based on finding new opportunities, an orientation towards innovation. This is associated with the willingness of the entrepreneur to assume the risk of project implementation or improvement of the existing, as well as economic, financial, moral, and social responsibility. Therefore, innovative entrepreneurship is defined as an economic process that leads to the creation of goods (products, services) and technologies, which are best by their properties, through the practical use of innovations. It is analysed that reformation of the economy is a prerequisite that will lead to increasing competitiveness and provide for the renewal of organizational structures in accordance with the best world trends of innovation activity, taking into account the peculiarities of market transformations in the country, and proposes effective measures to improve the efficiency of innovative entrepreneurship development. The level of development of innovative entrepreneurship determines the country’s place in the global space. The low technical level of many sectors of the economy in comparison with industrialized countries (EU, USA) can be overcome only due to the updating of the production base of most enterprises of the country. The development of innovative entrepreneurship in the EU and the USA has become quite successful thanks to individual initiative, creating conditions for the fulfilment of the individual interests of the entrepreneur. Ensuring material wealth, finding appropriate forms of self-expression should represent strong incentives for highly effective work. Therefore, innovative entrepreneurship is considered as the most important tool for the development and transformation of the economic system in terms of modern scientific and technological progress (STP). The use of new types of techniques, management methods, technologies, and organization of production will significantly expand the range, quality, and volume of production, and this will lead to the transformation and reform of the country’s economy. The purpose of the study. The main purpose of the paper is to substantiate and deepen the theoretical and methodological provisions regarding the formation of innovative development of entrepreneurship. The object of the study is the processes that form the innovative development of entrepreneurship. The subject-matter of the research is a set of theoretical fundamentals for improving the formation of innovative development of entrepreneurship. Research methods. The theoretical and methodological basis of the study was the modern theories of enterprise management, monographs, publications, and scientific and analytical developments of scientists on the issues of formation of innovative development of entrepreneurship, as well as abstract-logical and graphical methods of research.

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Raphael Nagel ◽  
Carmen Aviles

Purpose In the past decade, the development of the global economy, the change in organizational structures and the maturing of new technologies have led to considerable changes in business structures. Emergency situations, such as the recent COVID-19 pandemic, have led many companies to declare bankruptcy. In this context, the present study aims to analyze strategic opinions of company executives in a declaration of bankruptcy. Design/methodology/approach To this end, an innovative approach is applied to strategic management and business. First, the authors conducted 14 interviews with executives, and the interview data were transcribed. Second, using textual analysis and data mining techniques, the transcripts were analyzed to understand the importance of indicators identified as relevant in companies in a declaration of bankruptcy. Findings This resulted in identification of 10 relevant indicators perceived by executives to avoid or anticipate a state of bankruptcy, including innovation, business adaptability, room for improvement in production processes, time to react to situations of alarm, layoffs, support from public institutions, suppliers, international and national regulations, impact on the industry, credits and debts. Originality/value The paper concludes with a discussion of important theoretical and practical implications of these findings for the industry. Also, strategic management decision-making strategies are presented as a result of the innovative textual analysis approach used.


2019 ◽  
Vol 8 (4) ◽  
pp. 3604-3609 ◽  

In modern conditions of global transformations and the growth of crisis phenomena in the global economy, the question of finding and developing alternative economic models becomes urgent. As a tool for stimulating economic development and a new source of growth, innovations and the results of scientific and technological activities were chosen. This approach was theoretically developed and described at the beginning of the last century, but it has become in demand only now. The development of the innovative sector of the economy leads to the emergence of qualitatively new technologies and is non-linear. The complexity of management objects, the dynamism of innovative processes, which, in turn, transform the economy, markets, institutions, are growing. Changing management objects require new scientific theories, management technologies and tools. In this article, the author analyzes modern economic and technological trends, identifies the main scientific theories that describe these processes, identifies trends in changes in management sciences. The article discusses the classification of models of innovative development, outlines the main directions of changes in the state management of innovative development and innovative infrastructure. Based on the study, the systematic changes in the role of the state in building an innovative economy are systematized, the emerging formats of managerial structures and the institutions for the development of innovative infrastructure are described.


Author(s):  
M. Y. Afanasiev ◽  
A. V. Kudrov ◽  
M. A. Lysenkova

Currently, one of the priorities of the country's development is the transition of the economy to an innovative path of development. Analysis and evaluation of innovative development at the regional and national levels, quantitative assessment of regional innovation activity, and development of methods for evaluating the effectiveness of interaction between science and business that allow choosing the right strategies for solving management problems are of particular relevance. The subject of the research is the indexes of innovative development of regions. The purpose of the study is to compare the indexes of innovative development of regions and identify indexes that do not have significant differences. Eight indexes describing the innovative development of Russian regions are compared. We use four of the author's indexes, published earlier: the index of technical efficiency innovative space for international patent applications TEMPZ, the index of technical efficiency innovative space for patent applications TEPZ, the index of technical efficiency innovative space issued patents TEPV and the index of technical efficiency innovative space developed for new technologies TETECH. Along with the author's indexes, four other indexes with a similar applied focus are considered, published by the Institute for Statistical Studies and Economics of Knowledge (ISSEK) in National Research University — Higher School of Economics (HSE), RIA rating, and Association of Innovative Regions of Russia (AIRR). In the course of the study, a comparative analysis of the indexes of innovative development in the space of expert-defined characteristics of regional differentiation was made. Analysis of the cosines of the angles between the indexes constructed using the beta coefficients of the regressions of these indexes on the differentiation characteristics allows us to refine the results of correlation analysis and identify a subset of indexes that are not distinguishable when solving control problems parameterized using the differentiation characteristics.


Author(s):  
Віталій Анатолійович Омельяненко

The priority direction of tax policy is the formation of tax potential, which includes the creation of conditions for the intensification of entrepreneurial activity, the formation of active development actors, the expansion of sources of tax revenue, the stimulation of innovation and investment activity. At the same time, in Ukraine, the lack of systemic directions of tax incentives for innovation in the legislation and practice of tax instruments significantly hinders the development of innovation potential of the economy and reduces its competitiveness. The basis for improving tax policy in the context of innovative development is the institutional component. The purpose of the study is to identify promising institutional aspects of the formation of tax potential in industry. The methodological basis of the study were analytical reviews, regulations, modern scientific and applied research in the field of innovation. The research uses methods of dialectics, methods and principles of scientific knowledge, tools of economic analysis to substantiate proposals for the formation of institutional foundations for the formation of tax potential. The main hypothesis of the study was the assumption that tax policy, which is aimed at developing innovation, largely determines the economic interest of industrial enterprises in the introduction of new technologies, as financial resources released from the tax potential of the enterprise can be directed to its innovation and investment activity. Presenting main material. The strategic task of tax potential management is to increase and strengthen the tax base by stimulating investment and innovation activity; support of enterprises in order to develop production and increase production. The tax potential is considered in the context of institutional innovation projects and smart specialization. An assessment of the prospects for the use of various tax instruments in accordance with the current situation and the need for the transition to adaptive management of tax potential of industry. The originality and practical significance is confirmed by the proposed scientific and methodological approaches to the management of tax potential in the context of innovative development. Conclusions and prospects for further research. Measures to increase the tax potential should include expanding the tax base not only through existing reserves, but also creating a new base through the development of innovation potential. The implementation of the relevant institutional strategy should be aimed not at simple maximization of tax revenues, but at the development of investment and innovation potential with the establishment of favorable conditions for the development of priority projects. Further research will focus on the analysis of the peculiarities of the use of tax tools in the framework of specific institutional and innovative projects of economic development.


2020 ◽  
Vol 21 (1) ◽  
pp. 252-260
Author(s):  
Olha Podra ◽  
Nataliia Litvin ◽  
Zinaida Zhyvko ◽  
Marta Kopytko ◽  
Liliia Kukharska

The development of a knowledge economy is a key priority for innovative progress and for ensuring the country’s competitiveness through the efficient use of intellectual resources and human capital. Our paper is focused on a necessity to find out the influence of human capital in providing innovative development and the formation of knowledge economy, to develop measures for its formation, accumulation, preservation, reproduction in order to increase national competitiveness at the world market. The foundation of the knowledge economy is productive knowledge and quality education that contribute to the intellectual capital embodiment into productive activities. A detailed analysis of the current state and problems of the education and science spheres has been carried out, international ratings have been analyzed and the place of Ukraine in them is determined in the article. An estimation of financial losses of the economy in connection with the outflow of students to study abroad is hold in the article. By using the trend modeling method we propose to estimate the effect of the predicted values of the components of innovation activity on the Global Innovation Index. Results show that Ukraine position in the Global Innovation Index rating will strengthen, which can testify, about the redistribution of financing of the innovation sphere in favor of private institutions and investors. The transition to a knowledge economy involves an understanding of the decisive influence of science, the latest technologies, innovations in the global economy, and enables the resource-oriented countries to leave this status and become a countries of high-tech and high skilled development, based on the transformation of knowledge into a source of value and the driving force of economic progress.


2019 ◽  
Vol 91 ◽  
pp. 08031 ◽  
Author(s):  
Inga Skvortsova ◽  
Roman Latyshev ◽  
Kirill Grabovyy

The purpose of this article is to analyze the current level of innovation activity in the Russian Federation, to determine the role of international clusters in the innovative development of the energy efficient country’s economy, while focusing on the formation of the innovative potential of international cooperation of cluster members. The urgency of the creation of cluster associations - international consortia. Examples of the joint implementation of innovative projects in the field of energy-efficient management and the application of new technologies in the field of sustainable energy for megacities are given.


Author(s):  
Tatyana Nikolaevna Bessonova

The article presents the review of the basic ratings of innovative development of Russian regions. The role and position of Khanty-Mansi Autonomous District - Yugra in the ratings of innovative development are determined. The main indicators describing innovative activity in the entity have been analyzed. The core of the scientific potential of the region has been studied. Trends and peculiarities of regional innovation processes are determined. The innovative infrastructure of Khanty-Mansi Autonomous District - Yugra and the features of its territorial location are studied. The analysis of innovative development of the territory is carried out taking into the consideration factors of innovation activity resources and results. The thesis on the predominantly “imitative nature” of the innovation system at the regional level is confirmed. The necessity of using two directions of innovative development for Khanty-Mansi Autonomous District - Yugra is justified. The possibility of using the diversity factor for the present stage of development of medium-sized deposits is revealed. It is suggested to actively increase the number of entities of the innovative regional process. The need to use own territorial scientific and educational resources, as well as innovations from other regions has been identified. The necessity to create institutional conditions stimulating small and medium business to develop deposits of hard-to-recover hydrocarbon resources is justified. Opportunities and prospects for the formation of regional innovation clusters in Khanty-Mansi Autonomous District - Yugra have been analyzed. Experimental polygons focused on the development of new technologies taking into account the specific features of deposits of specific regions are considered as an instrument for launching a scientific and resource multiplier in the oil and gas sector. The priorities of innovative development for Khanty-Mansi Autonomous District - Yugra are proposed.


Author(s):  
Jennifer J. Chen

The purpose of this chapter is threefold: (a) to highlight the importance of teaching and learning multiliteracies for today's students to succeed in the 21st century, (b) to discuss the literature about multiliteracies and new technologies for teaching and student learning, and (c) to provide strategies for integrating technology effectively in teaching multiliteracies to English language learners (ELLs), the fastest growing segment of public student population in the USA. In this digital age, it is imperative that today's students acquire multiliteracies needed to succeed in school, in life, and in the global economy. Situated within this context, the chapter seeks to address this central inquiry: How can teachers of ELLs infuse technology effectively to facilitate these students' acquisition of multiliteracies? As educators continue to seek new and better approaches to optimizing ELLs' educational success, this chapter represents a contribution to this quest.


Author(s):  
Inna Vasiuk ◽  
Victoria Polika

One of the main areas of management restructuring and its improvement has been the widespread use of the latest computer and telecommunications equipment, the formation of high-performance information and management technologies based on it. New technologies based on computer technology require radical changes in the organizational structures of management, its regulations, human resources, documentation system, recording and transmission of information. Of particular importance is the introduction of information management, a greatly expanding opportunity for companies to use information resource. With the development and strengthening of the impact of scientific and technological progress, the role of innovation, types and number of technologies contributing to the emergence of new products with new characteristics and criteria, which is highly valued in the market, increases. Therefore, there is now a process of restructuring the management system from a traditional manufacturing and market to a technological orientation that is capable of achieving this goal. An important factor in the success of each company is the strategic management of technological development of the enterprise - technological management. The latest technologies in the management of enterprises are researched. Modern ERP-systems are justified.The main types of controlling are determined. The main points of grading are characterized. The main points of engineering are considered.


2020 ◽  
pp. 126-139
Author(s):  
Volodymyr KOSTETSKYІ ◽  
Ivan PRYMACHENKO

Introduction. In In today’s conditions of economic development, business entities face the challenge of reformatting systems, methods and economic mechanisms for managing sustainability in terms of innovative approach. Therefore, the solution of economic, social, managerial and personal problems in contemporary society implies a specific innovative style of management, which is based on innovation, innovation, systematic and continuous innovation activities. The purpose is to identificatt the positive trends and shortcomings of the processes of innovative development of economic entities that exist in Ukraine, and to clarificate of modern scientific approaches to encourage businesses to innovate in order to ensure financial stability and innovative development of the country’s economy. Results. The study of the mechanism of innovation activity allows us to conclude that the formation and development of an innovative management strategy by an economic entity is an integration process that combines the processes of forecasting, planning and accounting of the resource base of the enterprise in the long-term, medium-term and short-term prospects in the new conditions modernization of the state economy. Creating a national innovation system is to build a holistic system that effectively transforms new knowledge into new technologies, products and services that find their real consumers in national or global markets. At the same time, attention should be paid to the development of an innovative strategy by each domestic enterprise, which will create conditions for positive trends in the development of this process. Conclusions. Innovations are essentially related to the cyclical development of the economy, as they initiate new technological developments. Therefore, in an innovative economy, the state plays an important role in implementing anti-cyclical economic regulation, smoothing out cyclical fluctuations and mitigating their effects. To ensure the further development of innovation in Ukraine, it is necessary to comprehensively use methods to stimulate innovation, in particular the improvement of tax legislation; improving the legal framework for venture funds; improving the mechanism of protection of intellectual property rights; ensuring effective cooperation between the scientific and business sectors in the field of innovation.


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