The Entrepreneurial Context of Developing the Innovative Potential of Enterprise

Journal Title: Бізнес Інформ - Year 2016, Vol 1, Issue

Abstract

The article is concerned with influence of business component on the course of innovation processes at the enterprise from the perspective of transition from the linear to the non-linear innovative models. The author describes in detail the components and levels of the innovation spiral model of the company Ernst and Young, namely: innovative backgrounds and incentives, external stakeholders, stages and scopes of the innovation process at the enterprise as well as the resulting competitive advantages. The resource, structural-functional, behavioral, process, and integrated approaches to defining the innovative potential of enterprise have been considered. It is suggested to consider the innovation potential taking into account achievements of the resource theory, i.e., as a dynamic combination of resources, capacities and competencies in the innovation activity. Impact on innovation activity is considered through the prism of the innovation value chain model by M. Hansen and J. Birkinshaw. Peculiarities of transformation of innovative ideas into commercial results at every stage of the chain have been considered, taking into account the specific tasks and factors of influence.

Authors and Affiliations

Valentyna Vostriakova

Keywords

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  • EP ID EP143739
  • DOI -
  • Views 72
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How To Cite

Valentyna Vostriakova (2016). The Entrepreneurial Context of Developing the Innovative Potential of Enterprise. Бізнес Інформ, 1(), 81-88. https://europub.co.uk/articles/-A-143739