scholarly journals Modeling the Selection of Innovative Strategy for Development of Industrial Enterprises

2022 ◽  
Vol 19 ◽  
pp. 278-291
Author(s):  
Nadya Mironova ◽  
Hanna Koptieva ◽  
Iryna Liganenko ◽  
Ayta Sakun ◽  
Daryna Chernyak
Keyword(s):  
Development Strategy ◽  
Methodological Approach ◽  
Innovative Development ◽  
Innovative Strategy ◽  
Industrial Enterprises ◽  
Innovation Potential ◽  
Total Potential ◽  
Innovation Activities ◽  
The Matrix ◽  
Selection Of

The assessment of the state of the innovation sphere of Poland in relation to the world level shows that Poland has educational and scientific potential allowing to produce scientific ideas and developments but the level of their commercialization remains low. As a result, Poland lags in terms of such criteria for the development of innovation sphere as labor productivity and financial support for innovation activities. The methodological basis of the study is the theory of fuzzy sets and the matrix approach — in modeling the selection of strategies to stimulate innovative development of industrial enterprises. The construction of a matrix of strategies is based on the diagnosis of the total potential of industrial enterprises and the level of its implementation in the innovation sphere. Modeling of the selection of innovation development strategy for industrial entities based on the use of fuzzy set theory in assessing the level of investment attractiveness and innovation potential of enterprises is carried out. Based on the proposed methodological approach, the strategic directions of innovative development of three Polish industrial enterprises are substantiated.

scholarly journals Strategy of innovative development of an enterprise on the basis of ­evaluation of its intellectual capital

2021 ◽  
pp. 134-141
Author(s):  
T Korytko ◽  
I Bryl ◽  
S Piletska ◽  
O Arefieva ◽  
S Arefiev
Keyword(s):  
Development Strategy ◽  
Intellectual Capital ◽  
Local Governments ◽  
Methodological Approach ◽  
Value Added ◽  
Innovative Development ◽  
Qualitative Comparison ◽  
Innovative Strategy ◽  
Industrial Enterprises ◽  
Innovation Strategies

Purpose. Improvement of strategy of industrial enterprises innovative development on the basis of an estimation of the enterprises intellectual capital and development of the stages of a choice of strategy using hierarchy analysis method. Methodology. The study used a set of general and special methods of cognition: content analysis, logical generalization, quantitative and qualitative comparison, the method of principal components, and systematization. Findings. The suggested assessment of intellectual capital of the enterprise and the methodological approach to the formation and selection of strategies for innovative development in terms of its digitalization allows analyzing quantitative indicators of structural elements of intellectual capital and determining the state and level of development of each element. This makes it possible to increase the efficiency of the formation and implementation of the strategy of innovative development of the enterprise. Originality. In the course of the research, the algorithm of integrated estimation of intellectual capital of industrial enterprises has been developed. It allowed assessing the level of intellectual capital, stages of formation of innovative development strategy, which act as an information-analytical tool for the development of options for strategic development of industrial enterprises. Amodel for implementing an innovative strategy for the development of industrial enterprises provides a choice of innovative strategy for the development of industrial enterprises. The method of analysis of hierarchies allowed identifying the most receptive innovation strategies to industrial enterprises. Practical value. The results of the study can be used by practitioners, scientists, civil servants (Ministry of Economic Development, Trade and Agriculture and its structural units, local governments in the field of economics) to develop and implement innovation strategies, as well as to develop measures to promote sustainable development in the area of innovation, increasing its intellectual capital, value added, capitalization and level of competitiveness.

scholarly journals Investment and innovative development of industrial enterprises as the basis for the technological singularity

2019 ◽  
Vol 17 (3) ◽  
pp. 477-491
Author(s):  
Оlena Iastremska ◽  
Hanna Strokovych ◽  
Oleksiy Dzenis ◽  
Olena Shestakova ◽  
Timur Uman
Keyword(s):  
Methodological Approach ◽  
Machine Building ◽  
Innovation Activity ◽  
Innovative Development ◽  
Mathematical Methods ◽  
Industrial Enterprises ◽  
Innovation Activities ◽  
The Neural Networks ◽  
Technological Singularity ◽  
Development Evaluation

Investment and innovative development of industrial enterprises is driven by the influence on the sensitive indicators of their activity, which characterize technological singularity. Therefore, it is expedient to define them using adequate economic and mathematical methods that will identify the development and growth points that are characterized by the accumulation of information and are a manifestation of singularity. The purpose of the article is to determine the main sensitive indicators of the investment and innovative development of industrial enterprises, which are the points of technological singularity. The article proposes conceptual provisions for evaluating the investment-innovation activity of enterprises as a basis for their development. These provisions consider the activity of economic entities according to three states (functioning, growth, and development); evaluation of investment and innovation activities, both individually and in conjunction with the official statistical reporting of enterprises using a well-founded minimum sufficient system of partial indicators defined through the multidimensional factor analysis and combined into integral and summarizing indicators; determination of technological singularity points as a result of prediction of partial and summarizing indicators’ values via the neural networks method. A methodological approach is developed to substantiate the technological singularity points, the managerial influence on which is provided by the development of enterprises. The methodological approach is based on considering the investment-innovation activity nonlinearity, both explicit and latent tendencies of development, situationality and variability of its goals, strategic orientation and possible technological singularity of an enterprise. The proposals submitted were implemented based on statistical reports of the machine-building enterprises for 2014–2018.

scholarly journals SCIENTIFIC APPROACH TO DETERMINING THE VECTORS OF INNOVATIVE DEVELOPMENT OF INDUSTRIAL ENTERPRISES

2021 ◽  
Vol 7 (4) ◽  
pp. 231-242
Author(s):  
Alla Dunska ◽  
Kateryna Boiarynova ◽  
Maryna Kravchenko
Keyword(s):  
Correlation Analysis ◽  
Methodological Approach ◽  
Paper Industry ◽  
External Environment ◽  
Pulp And Paper Industry ◽  
Pulp And Paper ◽  
Innovative Development ◽  
Industrial Enterprises ◽  
Innovation Potential ◽  
The Impact

The purpose of the paper is to form a scientific and methodological approach to determining the vectors of innovative development of industrial enterprises as a tool for establishing the trajectory of innovation in terms of development of innovation potential and environmental impact. Correlation analysis of these factors as indicators of external (external environment of the enterprise) and internal (innovative potential) environment based on the nature and direction of influences allows to establish the vector of development, and the construction of a forecast model of economic results confirms its correctness. Methodology. The research used its own methodological developments, correlation analysis, formed the parameters of the external environment, innovation potential, the results of enterprises. The approach was tested at the enterprises of the pulp and paper industry of Ukraine, which proved its effectiveness and efficiency. Results. The ideology of the proposed approach on the combination of organizational and managerial aspects of innovative development with economic indicators is formed and substantiated. The types of target innovation orientation of the enterprise, which is formed into a bipolar matrix, are determined. Based on the corresponding trajectory of the transition between the components of the matrix, three key vectors of development are formed: innovation-adaptive, innovation-balanced, innovation-concentrated. Practical implications. On the example of enterprises of the pulp and paper industry their vectors of development, forecast indicators of profit and sales revenues as an economic effect of following the vector direction and the trajectory of innovation are designed. Value/originality. The developed scientific and methodological approach involves the establishment of the vector of innovative development of the enterprise on the interdependence of innovation potential and the nature of the impact of the external environment, which provides an opportunity to predict the results of its operation.

STRATEGIC PROSPECTS FOR INNOVATION DEVELOPMENT OF AGRICULTURAL SECTOR OF CHERKASY REGION

2017 ◽  
Author(s):  
Viktoriia Zhmudenko ◽  
◽  
Mykola Diachenko ◽  
Keyword(s):  
Development Strategy ◽  
Agricultural Sector ◽  
Raw Materials ◽  
Industrial Sector ◽  
State Regulation ◽  
Innovative Activity ◽  
Innovative Development ◽  
Agricultural Enterprises ◽  
Industrial Enterprises ◽  
Effective Development

The article analyzes the current state of production activities of the agricultural sector of Cherkasy region economy, its organizational and legal structures and identifies strategic directions for its development. It is proved that the priority solution of urgent problems, such as: redistribution of land and property; restructuring of enterprises and forms of management; development of cooperation; introduction of market management methods - management and marketing; state regulation of the agricultural economy, financial, credit and tax systems; development of markets for agricultural products, material and technical resources and services; intensification and diversification of foreign economic activity will contribute to the development of the agro-industrial sphere of Cherkasy region. It is determined that the years 2021-2027 should be considered the strategic period, during which the provision of the country's population with food at the level of scientifically sound standards, growth of export potential and reduction of imports should be achieved. The necessity of introduction of innovative activity and process of innovations introduction in the production activity of the agricultural enterprises which are a basis of economic growth is proved. Obstacles to the innovative development of the regional agricultural sector are analyzed. The priority directions of innovative development of agro-industrial enterprises are indicated. The need to develop an innovative policy of agricultural enterprises in order to increase the efficiency of their operation is determined. It is noted that the priority of the agro-industrial sector development of Cherkasy region and its leading industries will provide the population with food products, industry with raw materials, and foreign trade with the export goods. It is established that innovative activity in agricultural enterprises is a decisive factor in the effective development and increase of agricultural production, significant changes in its structure, reassessment of the motivation system that meet the current principles of the Cherkasy Region Development Strategy for 2021-2027, which determines key vectors of the region in the long-term.

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.

scholarly journals TRENDS AND PROBLEMS OF INNOVATIVE ACTIVITIES DEVELOPMENT OF DOMESTIC INDUSTRIAL ENTERPRISES

2020 ◽  
Vol 1 (2) ◽  
pp. 20-26
Author(s):  
Oksana Prodius
Keyword(s):  
Innovative Development ◽  
Industrial Enterprises ◽  
Funding Sources ◽  
Innovation Potential ◽  
Innovation Infrastructure ◽  
Exposure Response ◽  
Innovative Products ◽  
The Status ◽  
Scientific Principles ◽  
Start Ups

The aim of the article is to study the dynamics of innovations development, to identify the main problems of innovative activities development and to advance proposals for the incentive instruments formation. The main method of research is the systemic and structural approach, which makes it possible to organize the search for solving problems most effectively. Methods of comparative, functional analysis and classification are also used. The theoretical basis of the article is the conceptual provisions and scientific principles developed by domestic and foreign scientists on the innovative development of industrial enterprises, tools for their implementation. However, the problems associated with the development and implementation of an effective mechanism for applying the innovative development of industrial enterprises in the context of the need to intensify the inclusiveness of innovative processes remain unfinished. The importance and significance of these questions determined the choice of the topic of the article, setting of the purpose and objectives of the study. The article analyzes the status and dynamics of innovative activities of domestic enterprises. The main trends and problems of the enterprises’ innovative development in modern conditions of limited financing and reducing the foreign investment resources are revealed. The level of using various types of innovations by industrial enterprises is investigated and the peculiarities of cost sharing for innovative activities are determined. The condition analysis of innovative activities of Ukraine’s industrial enterprises is carried out, namely the ratio of innovative products sold, the ratio of enterprises engaged in innovative activities, the number of new technological processes introduction and the production development of new types of products by industrial enterprises, funding sources of innovative activities. The structural analysis of various instruments efficiency of innovations financing in the domestic market is carried out. Ukraine’s innovation infrastructure should be provided with adequate resources in the context of a modern international methodology to support innovative business, which will help to minimize and close this gap. The available resources and potential should be focused on supporting research, which is one of the foundations of innovation potential, and creating an effective infrastructure that will help to transform research results into a product suitable for commercialization. Programs should be introduced to support academic payouts, start-ups, or other means of commercial use of innovative investments. The exposure-response relationships of innovative development stagnation are revealed and the ways of optimization and elimination of imbalance are provided. The recommendations for improving the innovative activities of industrial enterprises are developed.

Management by Development of Innovative Potential of Organization

2022 ◽  
pp. 53-57
Author(s):  
A. Borisov ◽  
S. Shelonaev ◽  
T. Trofimova ◽  
M. Rasina
Keyword(s):  
Innovation Process ◽  
Management Style ◽  
New Approach ◽  
Innovative Strategy ◽  
Industrial Enterprises ◽  
Innovation Potential ◽  
Management Of Innovation ◽  
Research Findings ◽  
Strategic Success ◽  
Stable Development

This article explores the innovation potential of the staff at industrial enterprises. The relevance of the research is confirmed by the increasing interest of companies in innovation. This manifests itself both in the changing organizational structure of enterprises and a new approach to human resource management, for instance, the revision of the key performance indicators of employees. One of the main goals of the research was determining the factors that influence the development of the innovation potential of staff and assessment of their impact. The institutional approach formed the conceptual basis of the study. It allowed the authors to consider the management of innovation potential as a special mechanism for achieving sustainability, stable development of an enterprise, and its strategic success in general. The authors established that organizational and administrative factors have the greatest influence on the formation and development of the innovation potential of staff, while the constraining factors are the lack of an innovative strategy, authoritarian management style, and bureaucratization. Studying the techniques aimed at the development of staff’s innovation potential, the authors concluded that the most effective ones for industrial enterprises are consultations of subject matter specialists. A significant novelty of this work is the model of interaction of participants in the innovation process developed by the authors. The research findings enabled the authors to devise recommendations for the formation and development of the innovation potential of the company’s employees.

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 GENERATING AN ENTERPRISE INNOVATION DEVELOPMENT STRATEGY IN THE CONTEXT OF INDUSTRY 4.0

2021 ◽  
Vol 10 (34) ◽  
Author(s):  
A.A KUZUBOV ◽  
◽  
N.V SHASHLO ◽  
Keyword(s):  
Development Strategy ◽  
Industry 4.0 ◽  
World Market ◽  
Global Scale ◽  
Added Value ◽  
Innovative Development ◽  
Stages Of Development ◽  
Innovation Activities ◽  
Enterprise Innovation ◽  
Leading Enterprises

The issue of intensification of innovative activity by enterprises is becoming one of the defining issues in modern conditions of their activity, especially if we take into account the ever-growing influence of Industry 4.0. today, it is industry 4.0 that determines the development trends for most enterprises that aim to increase their own competitive advantages and strengthen their positions in the world market. Most of the world's leading enterprises are already actively intertwining their own innovation activities with the challenges of Industry 4.0, which allows them to find new solutions and achieve the desired results at lower costs and with greater added value. Accordingly, there is a need to adapt innovation to Industry 4.0, which is influenced by the concept of "strategy for innovative development", which requires further detailed research. The article defines the features of economic development, innovation and the main factors of influence. The article examines the essence and trends of Industry 4.0 on a global scale, analyzes and highlights the main areas of implementation of Industry 4.0 achievements in enterprises, as well as ways to create surplus value. The stages of development of strategy of innovative development of enterprises, proposed by Russian and foreign scientists, and the stages of development of strategy of innovative development in the context of Industry 4.0

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