Scientific journal
European Student Scientific Journal
ISSN 2310-3094
ISSN 2310-3094
ROLE OF INNOVATIVE ACTIVITY IN ENTERPRISE FUNCTIONING
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Innovative activity – activity which includes actions for idea transformation in a new product, in an advanced product, in new approach of the organization of management. Innovative activity takes an important place in functioning of the enterprise and assumes the whole complex of scientific, technical, organizational, financial and commercial actions. Orientation of production to introduction and release of new products demands determination of expediency and efficiency of such activity. At development and deployment of innovations it is important to reveal necessary expenses for their realization. It is caused by that at introduction of essentially new technological decisions there can be an unprofitability of a production activity. The choice of the direction of innovative activity depends on the resource and scientific and technical capacity of the enterprise, features of its branch accessory and market requirements. In article aspects of management by innovations and factors of innovative activity of the enterprise, its competitiveness from positions of management of life cycle and cyclic development of economy are also considered.
innovations
innovative activity
innovative process
innovative management.