The Innovative Tools for Organizational Development of International Business
Journal Title: Бізнес Інформ - Year 2016, Vol 9, Issue
Abstract
The article is aimed to give a clear view and understanding of the theoretical and practical foundations of organizational development of international business based on innovation, as the most effective model of market interaction, creation of competitive advantage and organizational values in the international environment. The article draws a parallel between theory of innovation and business development, formed by J. Schumpeter and modern concepts, in particular, by C. Prahalad and M. Krishnan, by B. Quinn, R. Pikkel, H. Walters and L. Keeley. On reviewing concepts it has been proved that modern innovations go beyond their traditional understanding of and are the driving force in the formation of new international business models. International companies nowadays are business networks that combine maximum satisfaction of customers along with approximation of their values, on the one hand, and global access to resources on the other. Experience of the world-wide companies in acquiring competences for generating innovations and their effective implementation is extremely valuable for national business and formation opportunities for cooperation on the international market.
Authors and Affiliations
Natalia Moskalenko, Kseniia Savenko
Keywords
Related Articles
- EP ID EP159717
- DOI -
- Views 95
- Downloads 0
The Economic Substantiation of Optimizing the Resources Provision of Competitive Potential of Power Generation Enterprises
The article is aimed at studying the economic substantiation of optimizing the resources provision of competitive potential of power generating enterprises on the example of Thermal Power Station Uglegorsk. Approaches to...
Study of the Results of Activity in the System of Planning of Financial Potential of Enterprises
The article analyses financial indicators of activity of enterprises of the Kharkiv Oblast in 2001 - 2011, which confirms the crisis state of the domestic real sector of economy. It studies impact of the results of an en...
Analysis of Specific Features of Development of Engineering Industry in Ukraine
The article analyses the current state of engineering industry in Ukraine. It conducts analysis of the volume of production of engineering in Ukraine. It considers dynamics of the structure of industry and dynamics of in...
Opportunities and Threats of Ukrainian Membership in WTO for Engineering under Conditions of Co-operation with EU Countries and Customs Union of Belarus, Kazakhstan and Russia
The article considers consequences of the membership of Ukraine in the World Trade Organisation (WTO) for the engineering industry when co-operating with the EU and CU (Customs Union of Belarus, Kazakhstan and Russia) co...
Building the Structure of the Mechanism of Socio-economic Security of an Enterprise
The article describes a comparatively new vision of the structure of the socio-economic security of an enterprise. It considers a complex approach to formation of the structure of the mechanism of socio-economic security...