Innovation management. Innovative development of a company is the basis for increasing the efficiency of its activities, a factor of competitiveness (the most important)

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Innovation management. Innovative development of a company is the basis for increasing the efficiency of its activities, a factor of competitiveness (the most important)

Lecture notes, cheat sheets

Directory / Lecture notes, cheat sheets

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6. INNOVATIVE DEVELOPMENT OF A COMPANY IS THE BASIS FOR INCREASING THE EFFICIENCY OF ITS ACTIVITIES, A FACTOR OF COMPETITIVENESS

Experience shows that the stable development of production over a long period of time depends not only on resources, but also on the nature and size of innovation activities associated with the development, implementation, and application of innovations, which is aimed at introducing the results of scientific research and development into the practical technological process, i.e. it combines production, exchange, consumption and includes many areas of activity, the main goal of which can be defined as the creation, accumulation and development of the scientific and technical capabilities of a business entity, which ensures its competitiveness, economic security and further development.

The main feature of the modern economy is the speed of implementation of the innovation process. An innovation strategy in today's economy is a commitment to entering the market with innovation as technological opportunities emerge. Ideas often come from outside the firm. Hence, there is an interest in increasing the interaction with different structures. Because of this, the life cycle of the product is shortened and competition intensifies. A distinctive feature of the modern economy is the accelerated development of the non-material sphere (the production, dissemination and use of knowledge is the basis, and the global information network is the infrastructure).

In our time, with the growth of scientific and technical competition, innovation has become the main condition for survival. The decline in the rate of return serves as an incentive for large investments in innovation.

Innovative activity greatly influences the economic development of the country and individual firms.

Entrepreneurs view the costs associated with creating innovation as an inevitable investment.

What gives the innovative development of the company to the entrepreneur:

1) allows you to adapt to changing conditions;

2) helps to increase the quality of goods and services, more widely satisfy the needs of consumers;

3) creates conditions for survival and development in the competitive struggle;

4) assists in maintaining a high level of production efficiency;

5) strengthens the financial position of the company;

6) strengthens the image of the company, raises its competitiveness;

7) strengthens partnerships;

8) contributes to the development of the organizational structure;

9) contributes to the improvement of staff qualifications;

10) increases labor productivity.

At the heart of the scientific and technical policy of the Russian Federation in the field of science and technology for the period 2002-2010. and in the future, the task is to transfer the economy mainly to an innovative path of development.

Authors: Evgrafova I.Yu., Krasnikova E.O.

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