SPECIFIC TASKS OF ACCOUNTING AS THE SUBSYSTEM OF ECONOMIC SAFETY MANAGEMENT OF AN ENTERPRISE’S INNOVATION ACTIVITY 

Journal Title: Економіка розвитку - Year 2012, Vol 62, Issue 2

Abstract

It is widely believed that innovation activity creates additional opportunities for the enterprises. But in this strategically crucial decision-making process it is essential to be conscious of additional unique threats that are inseparably associated with innovations. Inappropriate innovation can significantly deteriorate enterprise’s safety and seriously affect the results of its activity; the absence of innovation activity also can threaten the enterprise’s safety. The present work is aimed at examining the interconnection between innovations and economic safety and on this ground developing methodology for assessment of the economic safety of innovation activity.It is proposed to distinguish two components of the enterprise’s economic safety: the static component and the dynamic component. Following this differentiation authentic assessment methodology is proposed. It is stated that while making managerial decision it is reasonable to estimate the levels of economic safety of an enterprise as to: the initial state, innovation implementation and the final state of an enterprise.As conclusion the complex of specific management requirements for ensuring the target level of the economic safety of innovation activity is developed and proposed in the paper. 

Authors and Affiliations

Svitlana Labunska, Olena Prokopishana

Keywords

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  • EP ID EP151041
  • DOI -
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How To Cite

Svitlana Labunska, Olena Prokopishana (2012). SPECIFIC TASKS OF ACCOUNTING AS THE SUBSYSTEM OF ECONOMIC SAFETY MANAGEMENT OF AN ENTERPRISE’S INNOVATION ACTIVITY . Економіка розвитку, 62(2), 103-110. https://europub.co.uk/articles/-A-151041