IMPACT OF INNOVATIONS ON INDUSTRY DEVELOPMENT ON THE EXAMPLE OF THE AUTOMOTIVE INDUSTRY
The aim of the article was to present the reflections on the types of innovations implemented in enterprises from the automotive industry / Automotive / and the impact on the development of these enterprises. In connection with the above, the analysis of the literature and the Clarivate Analytics report, State of Innovation Report 2017: The Relentless Desire to Advance and The condition of the automotive industry and its role in the Polish economy, KPMG report in Poland at the initiative of the Polish Automotive Industry Association. The study also presents an overview of the definitions and types of innovations, in the aspect of subsectors and their impact on the development of the automotive industry. There are presented considerations regarding the type and degree in which enterprises implement innovative solutions that take place in the processes occurring on production lines as well as in the components themselves. In recent years, when technological progress has gained enormous pace, the right management of innovations has a significant impact on the future of the organization. It allows to strengthen the position of the company on the market, and often to gain a significant competitive advantage The article was prepared on the basis of literature analysis and statistical data.